Siyaram Silk Mill share is a textile manufacturing company. It is engaged in manufacturing fabrics and ready-made garments, especially in men’s wear.
Vijay Kedia bought a 5,00,000 share in Siyaram silk mill share In Dec Qtr which amounts to a 1.07% stake in the company.
Siyaram Silk Mills Limited’s share price is trading at 564 levels and up by 4.85%.
Promoters of the firm own a 67.18% stake, while the public holds the rest. Smallcap Fund also has a stake of about 2.2% in the company.
Siyaram will announce its quarterly results on January 28, it will also allow interim dividends with the quarterly results.
FII/FPI investors increased from 60 to 63 in Dec 2022 qtr.
Siyaram silk has a PE of 10.1 which is less than the industry PE of 16.0.
Siyaram silk mills ltd share is trading near to resistance levels of 588/590.
We can see a good move above 600 levels and a target of 700 which is 52 weeks high.
Siyaram silk share is bouncing from the 200 DMA, right now trading near to resistance zone.