Introduction:
Renowned textile company launched its exclusive Cadini Italy Perfumes collection at the Taj Mahal Palace, Mumbai. The collection features four luxurious fragrances, crafted from hand-picked botanical notes, redefining elegance and luxury in India.
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Share price movement of Siyaram’s:
On December 13, 2024, Siyaram Silk Mills Ltd. opened at ₹864.95, up 3.3% from its previous close of ₹837.30. The stock reached a high of ₹937.85 (10.2%) and a low of ₹852.75. At 10:12 AM, it traded at ₹922.70, reflecting a 10.2% increase, with a market cap of ₹4,186.30 crore.
Siyaram launches perfumes:
Siyaram Silk Mills Ltd, under its Cadini Italy brand, launched its exclusive Cadini Italy Perfumes collection in India on December 12, 2024, at the iconic Taj Mahal Palace in Mumbai. The event marked a key milestone in the brand’s global expansion.
The launch introduced four meticulously crafted fragrances: Leonardo’s Secret, Italian Renaissance, Roman Affair, and Sicilian Romance. Available in 100 ML, 35 ML, and 2 ML variants, each perfume is made using hand-picked botanical notes for a luxurious sensory experience.
Known for its premium men’s fashion, Cadini Italy now extends its legacy with this fragrance collection, promising a signature scent that lingers, redefining elegance and luxury in the Indian market.
Recent news on Siyaram’s:
As of October 26, 2024, Siyaram Silk Mills Ltd. reported an 11.3% YoY rise in net profit to ₹68.2 crore for Q2 FY24. Revenue increased by 3.7% to ₹608 crore, with EBITDA rising 1.1% to ₹89 crore.
Ace investor holding in Siyaram’s:
Vijay Kishanlal Kedia
Vijay Kishanlal Kedia holds a 1.00% stake in Siyaram Silk Mills Ltd, with 455,000 shares valued at ₹41.7 crore. His investment reflects confidence in the textile company’s growth and market performance.
Stock performance of Siyaram’s for Period of 1 week, 6 months and 1 year:
Siyaram Silk Mills Ltd. has experienced a 3.42% decline over the past week. However, the company shows strong long-term performance with a 79.7% increase over the last six months and a 55.9% rise over the past year.
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Shareholding pattern of Siyaram’s:
| All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
| Promoter | 67.40% | 67.40% | 67.40% |
| FII | 1.50% | 1.50% | 1.60% |
| DII | 2.50% | 2.50% | 2.90% |
| Public | 28.60% | 28.50% | 28.10% |
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About Siyaram’s:
Siyaram’s (NSE: SIYSIL) is a leading Indian textile company, known for premium fabrics and apparel. With brands like Siyaram, J. Hampstead, and Oxemberg, it offers high-quality products through an extensive distribution network and state-of-the-art manufacturing capabilities.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
