23 Oct 2025 | 3 Mins Read

Stock rallies 10% on 1:10 stock split, 1:1 bonus issue news

Flipitmoney

Sikko Industries shares rose 10.5% to Rs 114.30, with the company announcing a 1:10 stock split and a 1:1 bonus issue to enhance shareholder value and improve liquidity. The record date for eligible shareholders will be announced later. This is the company's first stock split and its second and third bonus issuances, respectively, in 2022 and 2021.