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Shish Industries is currently trading at Rs. 155.00, up by 11.60 points or 8.09% from its previous closing of Rs. 143.40 on the BSE.

The scrip opened at Rs. 160.00 and has touched a high and low of Rs. 161.00 and Rs. 150.50 respectively. So far 42940 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 161.00 on 23-Apr-2023 and a 52 week low of Rs. 92.81 on 25-May-2023.

Last one week high and low of the scrip stood at Rs. 161.00 and Rs. 124.90 respectively. The current market cap of the company is Rs. 502.00 crore.

The promoters holding in the company stood at 66.82%, while Non-Institutions held 33.18% stake in the company.

Shish Industries (SIL) has signed a significant long-term commercial trade agreement with the USA based entity Best Construction Products Inc. (BCP). This agreement brings together SIL, a leading company specialising in the production and supply of Construction, Packaging & Thermal Insulation related Products, and BCP, a distinguished entity in the United States engaged in quality construction materials.

Under the terms of the agreement, SIL will supply a variety of agreed products crucial for construction purposes to BCP over a period of 5 years amounting to minimum $37.5 million (approximate Rs 312 crore present value). The parties have agreed on dynamic pricing based on raw material pricings, actual freight charges, quality assurance and more. The agreement also outlines the minimum commitment purchase by BCP year on year and compensation of 3% for any shortage in that, given as advance deposit to SIL.

Shish Industries is manufacturer of plastic corrugated sheets, having large distribution network of distributors, warehouses and retail stores with location in over India and will expand to global markets further.