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Siyaram Silk Mills shares jumps 9% on bonus issue and expansion
short by / on Thursday, 24 October, 2024
Siyaram Silk Mills Ltd, which specializes in manufacturing fabrics and ready-made garments, particularly in men's wear, saw its stock surge above 9% after the board proposed to discuss a bonus issue at a meeting on October 26. The surge is also attributed to plans for expanding retail outlets focused on fast fashion and ethnic wear.
read more at Trade Brains