Synopsis:
Shilchar Technologies Ltd, saw institutional buying and promoter stake sale, highlighting active shareholding changes and investor interest in the stock.
A transformer stock came into the spotlight today after notable share transactions were reported, involving both institutional investors and promoter activity. The movements attracted attention from market participants, highlighting shifts in shareholding.
Shilchar Technologies Ltd, with a market capitalization of Rs. 5,083.05 Crores, opened at Rs. 4,399 and touched a high of Rs. 4,488 compared with the previous close of Rs. 4,357.85, reflecting an intraday gain of 2.92 percent.
What’s the News?
Alchemy Emerging Leaders of Tomorrow, a Category III Alternative Investment Fund managed by Alchemy Capital Management, acquired 90,000 shares in Shilchar Technologies Ltd, representing a 0.78 percent stake, at Rs. 4,347.43 per share, amounting to Rs. 39.1 Crores.
In contrast, promoter Alay Jitendra Shah sold 1.17 lakh shares, equivalent to a 1.02 percent stake, at Rs. 4,350.26 per share for Rs. 50.89 Crores. These transactions highlight both active institutional buying and promoter stake reduction, drawing attention from investors to the company’s shareholding movements.
Financial Snapshot – Q2FY26
Quarter-on-Quarter, Sales rose from Rs. 159 Crores to Rs. 171 Crores, marking a 7.55 percent increase. Operating profit increased from Rs. 52 Crores to Rs. 54 Crores, up 3.85 percent. Profit before tax grew from Rs. 56 Crores to Rs. 62 Crores, reflecting a 10.71 percent rise. Net profit moved from Rs. 41 Crores to Rs. 46 Crores, up 12.20 percent.
On a year-on-year basis, sales expanded from Rs. 131 Crores to Rs. 171 Crores, a 30.53 percent increase. Operating profit rose from Rs. 41 Crores to Rs. 54 Crores, up 31.71 percent. PBT increased from Rs. 44 Crores to Rs. 62 Crores, reflecting a 40.91 percent rise, while net profit grew from Rs. 33 Crores to Rs. 46 Crores, up 39.39 percent.
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About the Company
Established in 1986, Shilchar Technologies Ltd is a leading manufacturer of transformers across power, distribution, and electronics & telecommunication segments. The company designs and supplies customised transformers tailored to specific customer requirements, catering to niche industry segments. It serves domestic and international markets, including Africa, the USA, Canada, and the Middle East, providing solutions for both standard and specialised transformer applications.
Written By Manan Gangwar
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