JKB Financial Services Ltd.

As on : 05-Jun-2025

Hot Pursuit
05-Jun-2025 12:17

Sika Interplant soars 56% in three days, hits record high

The stock has soared 56% in just three days and hit a record high of Rs 1,347.70 intraday. Over the past year, it has delivered a staggering 164.09% return.

The surge comes on the heels of an announcement made on Tuesday (3 June), where the company revealed it had signed a license agreement with Goodrich Actuation Systems (part of Collins Aerospace). The deal allows SIKA to carry out maintenance, repair, and overhaul (MRO) services for key flight control components used in Airbus A320/A321 aircraft. The license applies to aircraft registered in India and select neighboring countries, reinforcing SIKA's focus on expanding its regional MRO capabilities.

Sika Interplant Systems operates across engineered projects and systems, interconnect solutions and electrical module integration, MRO services, and value-added distribution.

On a consolidated basis, net profit of Sika Interplant Systems rose 30.74% to Rs 7.91 crore while net sales rose 23.84% to Rs 46.02 crore in Q4 March 2025 over Q4 March 2024.

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