Corporate Market Update – 22 October 2026
Shilchar (SHILCTECH.BO)
- Daily movement: Up 2.62 % during the 24‑hour period ending 07:07 PM Central Europe on Thursday, 22 October 2026.
- Current price: INR 3,603.95 on major exchanges.
- Outstanding shares: 11.4 million.
- Market capitalization: INR 43.2 billion.
- Volume in last 24 h: INR 5.5 million worth of shares traded.
- Performance since last month‑end: Down 2.55 %.
- Moving average (200 days): INR 4,094.04.
- 52‑week range: Highest INR 5,397.85 (28 April 2026); lowest INR 2,851.25 (27 January 2026).
Related Stock Performance (last 24 h)
| Ticker | Price | Change | Market Cap | P/E Ratio | Notes |
|---|---|---|---|---|---|
| SAMBHV.NS – Sambhv Steel Tubes | INR 160.07 | –2.23 % | INR 50.8 bn | 27.56 | – |
| LUMAXIND.NS – Lumax Industries | INR 5,221 | –1.89 % | INR 50.8 bn | 26.67 | – |
| SHARDAMOT.NS – Sharda Motor Industries | INR 834.90 | –0.61 % | INR 50.9 bn | 13.45 | Dividend distribution policy update |
| MRUTR.BO – Mrugesh Trading | INR 67.48 | –3 % | INR 51.2 bn | – | – |
| DPABHUSHAN.NS – D P Abhushan | INR 2,117.40 | +0.4 % | INR 50.4 bn | 15.34 | – |
Sharda Motor Industries Dividend Update
Sharda Motor Industries Limited has announced that the dividend for the 2025‑26 financial year will be paid exclusively through electronic mode. Key points include:
- Dividend declaration – One percent of the face value, subject to shareholders being KYC‑compliant and having accurate bank account details.
- Withholding policy – Shareholders whose records are incomplete or lacking KYC information will have the dividend withheld until necessary updates are made.
- KYC submission – The company has provided guidance for both physical and dematerialised share holdings. Shareholders should update information with their depository participant or mail required documents to specified addresses.
- Release of withheld dividend – Once KYC details are verified, the withheld dividend may be released electronically.
These measures aim to streamline dividend distribution and ensure compliance with regulatory requirements.
