Sky Industries zooms on entering into MoU with Government of Gujarat
Sky Industries is currently trading at Rs. 86.60, up by 3.53 points or 4.25% from its previous closing of Rs. 83.07 on the BSE.
The scrip opened at Rs. 86.80 and has touched a high and low of Rs. 87.23 and Rs. 85.00 respectively. So far 4550 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 123.00 on 18-Jul-2025 and a 52 week low of Rs. 63.06 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 91.00 and Rs. 68.90 respectively. The current market cap of the company is Rs. 68.39 crore.
The promoters holding in the company stood at 58.11%, while non-institutions held 41.89% stake in the company.
Sky Industries has entered into Memorandum of Understanding (MoU) with the Government of Gujarat on May 02, 2026 at Surat, Gujarat as a part of Investment Promotion activity for Vibrant Gujarat Regional Conference.
The MoU is for the proposed establishment of a Technical Textiles & Apparels manufacturing unit with an investment of Rs 49 crore in the State of Gujarat. This MoU is in the nature of a facilitation arrangement with the Government of Gujarat for the proposed project and does not constitute a binding commercial contract. The proposed unit is to be commenced in the year 2026.
