BOM:503811

2 stories mentioning BOM:503811Updated 50d ago

Every FINWIRES story that references BOM:503811, newest first.

Siyaram Silk Mills Board Approves Residential Housing Project in Thane; Shares Drop 5%

Siyaram Silk Mills (NSE:SIYSIL, BOM:503811) said its board approved development of a residential housing project on leasehold land at Dombivali in Thane, Maharashtra, subject to regulatory approvals, according to a Tuesday filing on Indian bourses.Shares of the company plunged nearly 5% in Wednesday's trade.The estimated project cost is about 450 million Indian rupees, excluding land cost, the company said in the filing.The project will comprise a residential building with basement plus 18 floors and around 77,400 sq. ft. of built-up area, including 68 two-BHK units and amenities, the company added.

BOM:503811NSE:SIYSIL

Asia50d ago

Siyaram's Consolidated Profit Climbs in Fiscal Q4; Shares Plummet 4%

Siyaram Silk Mills (NSE:SIYSIL, BOM:503811) said its consolidated net profit rose to 977.8 million Indian rupees in the fiscal fourth quarter from 720.5 million rupees a year ago, according to a Tuesday filing on Indian bourses.Shares of the apparel maker fell over 4% in Wednesday's trade.Earnings per share for the quarter ended March 31 climbed to 21.55 rupees from 15.88 rupees.Revenue from operations of the fabric manufacturer in fiscal Q4 increased year on year to 8.53 billion rupees from 7.36 billion rupees.The company's board declared a special dividend of 4 rupees per share and a final dividend of 5 rupees per share for the fiscal year ended March 31.

BOM:503811NSE:SIYSIL

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