Share India Securities’ share price continued to witness strong buying interest for the second consecutive session, with the stock jumping 12% to hit its 52-week high amid a spurt in volume. Share India shares opened at ₹190.05 against their previous close of ₹189.75 and jumped 11.7% to a 52-week high of ₹212, with volume surging more than 19.47 times. In the previous session, the stock jumped 11%. Thus, in just two consecutive sessions, the stock’s overall gains stand at more than 24%.
Why is Share India Securities stock rising?
The stock witnessed a sharp jump after it said on 8 September that the National Company Law Tribunal (NCLT), Ahmedabad Bench – I, on 7 September, approved the scheme of amalgamation of Silverleaf Capital Services Private Limited with Share India Securities Limited.
In a separate exchange filing on 9 September, the company said it had issued a notice of early redemption to the holders of 5,000 non-convertible debentures (NCDs) of a face value of ₹37,500 each, aggregating to ₹18.75 crore and 4,990 NCDs having a face value of ₹1,00,000 each, aggregating to ₹49.90 crore. The scheduled maturity date of these NCDs was 10 June 2027, while the early redemption date is 30 September 2026.
The company said a meeting of the NCD holders was convened and held on 1 September, at which the requisite consent of the NCD holders was obtained for the early redemption of the NCDs prior to their scheduled maturity date.
Share India Securities financial performance
‘ profit after tax (PAT) declined 1.1% year-on-year (YoY) to ₹324 crore in FY26, while PAT margin declined 58 basis points YoY to 22.07%. Total income, however, increased 1.47% YoY to ₹1,470 crore, EBITDA jumped 12.58% YoY to ₹605 crore, while EBITDA margin increased by 406 basis points YoY to 41.18% in FY26, according to the company’s annual report.
Share India Securities share price trend
The stock has jumped 60% in the last three months. It hit a 52-week low of ₹115.25 on 30 March. At the current price of ₹212, it is up 84% from its 52-week low level.
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