{"id":147929,"date":"2025-04-29T12:18:00","date_gmt":"2025-04-29T06:48:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=147929"},"modified":"2025-04-29T12:18:03","modified_gmt":"2025-04-29T06:48:03","slug":"textile-stock-hits-5-upper-circuit-after-companys-board-to-consider-bonus-shares","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/textile-stock-hits-5-upper-circuit-after-companys-board-to-consider-bonus-shares\/","title":{"rendered":"Textile stock hits 5% upper circuit after company&#8217;s board to consider bonus shares"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3151692005\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>During Tuesday\u2019s trading session, the shares of a micro-cap company engaged in the import and trading of various types of fabrics and textile raw materials hit a 5 percent upper circuit on BSE, after the company announced scheduling a Board meeting for bonus shares.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2868241883\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Movement<\/strong><\/h2><p>With a market cap of Rs. 88 crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/543244\" target=\"_blank\" rel=\"noreferrer noopener\">Shine Fashions (India) Limited<\/a><\/strong> hit a 5 percent upper circuit at Rs. 301.55 on BSE, as compared to its previous closing price of Rs. 287.2.<\/p><p>The stock has delivered positive returns of over 59 percent in one year, but fell by 18 percent in the last one month.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What\u2019s the News<\/strong><\/h2><p>As per the latest regulatory filings with the BSE, Shine Fashions (India) Limited has announced that a meeting of the Board of Directors of the company will be held on Tuesday, 6th May 2025, at 12:30 p.m.<\/p><div class=\"trade-content_5\" id=\"trade-3847202170\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The purpose of the meeting is to consider and approve a proposal for the issuance of bonus shares to the existing equity shareholders of the company, in a manner to be determined by the Board.<\/p><p>In addition, the Board will also consider and approve the Financial Results for the half year and year ended 31st March 2025, as well as consider the recommendation of a dividend for the financial year 2024-25.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financial Performance<\/strong><\/h2><p>Shine Fashions reported a significant growth in revenue from operations, experiencing a year-on-year increase of nearly 69 percent, rising from Rs. 20.3 crores in H1 FY24 to Rs. 34.3 crores in H1 FY25.<\/p><p>Similarly, during the same period, its net profit increased from Rs. 1.55 crores to Rs. 3.3 crores, representing an impressive growth of around 113 percent YoY.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company<\/strong><\/h2><p>Shine Fashions (India) Limited is engaged in the business of importing and trading various types of fabrics and textile raw materials. Specifically, the company is engaged in the manufacturing, supplying, and trading of non-woven interlining fabrics, woven fusible interlinings and microdot fusible interlinings.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shivani Singh<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-4090623208\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-181329266\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>During Tuesday\u2019s trading session, the shares of a micro-cap company engaged in the import and trading of various types of fabrics and textile raw materials hit a 5 percent upper circuit on BSE, after the company announced scheduling a Board meeting for bonus shares. Price Movement With a market cap of Rs. 88 crores, the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":130745,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[28264,28266,28267,948,936,3157,17446,24110],"class_list":["post-147929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-shine-fashions","tag-shine-fashions-latest-news","tag-shine-fashions-share-price","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-textile-stock","tag-textile-stock-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Textile stock hits 5% upper circuit after company&#039;s board to consider bonus shares - 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