SIS Share News: SIS Share Company gets Ram Temple Security Contract
The Security and Intelligent Service Limited (SIS), a company that has been providing security services at both national and international levels since its inception on January 2, 1985, has recently seen a significant surge in its stock. This surge is largely attributed to the company's recent acquisition of the security responsibility for the Ram Mandir complex in Ayodhya.
Explore the journey of SIS Share Company, a security service provider that has seen a significant surge in its stock due to its recent contract for the security of the Ram Mandir complex in Ayodhya. Learn about the company's financial standing, stock performance, and the impact of the new contract on its market position. Discover how this has led to substantial returns for its investors.
Company Overview
SIS, a registered company from Patna, not only provides security services but also offers electronic security solutions and alarm monitoring responses. With a total market cap of Rs 7,435.58 crore and a debt of Rs 760.94 crore, the company has managed to maintain a strong financial standing. The promoters hold 71.58% of the company, which has free cash of Rs 153.89 crore. The company has recorded a sales growth of 20.10% and a profit growth of 41.99%.
Stock Performance
The year 2023 was a roller-coaster ride for the SIS stock. Despite the ups and downs, the stock managed to yield a return of 38%. The SIS share company had made a 52-week low level of Rs 318.95 and also a 52-week high level of Rs 564.55.
The Ram Mandir Complex Security Contract
The consecration of the Shri Ram temple in Ram Janmabhoomi, Ayodhya, was completed on January 22, 2024. The responsibility of securing the Ayodhya premises was handed over to SIS Limited. This information was provided by the company's management director, Rituraj Singh.
This new contract has not only boosted the company's reputation but also positively impacted its stock. Investors who had faith in the company have been rewarded with substantial returns.
Conclusion
The SIS share company, with its robust financials and strategic contracts, has proven to be a promising investment. The company's recent contract for the security of the Ram Mandir complex has further solidified its position in the market, leading to a significant jump in the stock. Investors can look forward to more such opportunities in the future as the company continues to expand its operations and secure more contracts.
Keywords: SIS Share Company, Security and Intelligent Service Limited, Stock Performance, Ram Mandir Complex Security, Ayodhya, Market Cap, Profit Growth, Sales Growth, Promoters' Holding, Rituraj Singh, Investment Returns, Security Services, Electronic Security Solutions.