Sikko Industries Stock Posts New 52-Week High on Sustained Rally Following Bonus and Stock Split Declaration

Ahmedabad, October 24, 2025: Sikko Industries Ltd (NSE: SIKKO) share price continued its two-session winning streak on Friday, rising 7.83 percent to ₹133.94 during early Friday trading. The stock hit a fresh 52-week high of ₹135.97 on the back of robust investor sentiment after the company board had recently approved a 10:1 stock split and a 1:1 bonus issue this week.

At the current level, the stock has gained over 24% in just two sessions, climbing from ₹103.51 on October 22 to ₹133.94 today. The strong momentum highlights growing retail interest in the small-cap agrochemicals firm.

Established in Gujarat and listed on October 22, 2021, Sikko Industries Ltd is involved in the production and sale of pesticides, biofertilizers, and agrochemical products. Operating in India’s rapidly growing agri-input market, the company has been increasing its product offerings and market presence across major agricultural belts.

Market Performance

As of 10:20 AM IST on October 24, the stock was trading at ₹122.60, down ₹1.61 or 1.30% for the day. The stock opened at ₹128.90 and touched an intraday high of ₹136.63 and a low of ₹120.37 so far. It had a traded volume of 2.65 lakh shares, with a traded value of ₹3.50 crore. The market capitalization was ₹293.75 crore, and the VWAP was ₹131.71. The P/E ratio was 46.02, indicating investor optimism regarding the earnings potential of the company.

Demand from the buy side far outweighed sell orders, with 77,230 shares on the buy side compared to 35,461 on the sell side — an indication of long-term bullish sentiment from retail investors.

Corporate News Driving the Rally

Earlier in the week, the board of the company authorized two significant corporate actions:

• A 10-for-1 stock split, lowering the face value of shares from ₹10 to ₹1 per share.
• A 1:1 bonus issue, issuing one additional share for every share held after the split.

Both proposals will be voted on by shareholders at the Extraordinary General Meeting (EOGM) on November 13, 2025. The measures aim to improve stock liquidity, attract broader retail participation, and make the shares more affordable for investors.

Outlook

Market analysts anticipate Sikko Industries to remain in the limelight prior to the record dates of the bonus issue and split. The current rally reflects bullish sentiment on the company’s capital restructuring, which would result in better liquidity and re-rating of valuation in the short term.

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