Sindhu Trade Links share price jumped over 8% on Friday, extending its gaining streak for the fourth consecutive trading session. The stock started the session in red at ₹26.18 against the previous close of ₹26.24 on the BSE, but quickly recovered to surge as much as 8.65% to ₹28.51 amid a surge in trading volume of more than 25.18 times. As of 1:52 PM, the stock was trading at ₹27.72 on the NSE, up 5.8% or ₹1.54. The gains were supported by robust trading volumes, with around 93 lakh equity shares changing hands on stock exchanges on July 3, significantly higher than its one week average trading volumes of 27 lakh shares and one month average trading volumes of 21 lakh shares.
As reported by Livemint, Sindhu Trade Links shares have demonstrated strong performance across multiple timeframes. The stock has gained 8% in one month and has rallied 28% in three months. Over the past six months, the small-cap stock has surged 40%, while it has fallen 6% in one year. Over the past five years, Sindhu Trade Links shares have delivered multibagger returns of 760%. The company's market capitalisation currently stands at around ₹4,300 crore, with the stock trading below its 52-week peak of ₹39.29 and 52-week low of ₹17.64.
Recently, the company informed in its filing that in its Extraordinary General Meeting (EGM), shareholders have approved the proposal to increase the Authorised Share Capital of the company and make necessary changes in the Memorandum of Association. Additionally, special resolutions approved the transaction, valuation, share exchange ratio, share allotment, lock-in provisions, and UBO declarations related to Advent Coal Resources Pte. Ltd.. The company has also approved the proposal to acquire a 50.1% stake (21,36,765 equity shares) in Sainik Mining and Allied Services Limited. The company, which operates across logistics, mining support services, and transportation businesses, has been witnessing increased investor attention following the recent uptrend in its share price.
The company recently reported in an exchange filing a consolidated net profit of ₹13.96 crore for the March 2026 quarter, compared with a loss of ₹58.98 crore in the same quarter last year. The company's board, at its meeting on May 30, approved the audited results for the March 2026 quarter and the full fiscal year. Despite a decline in consolidated income to ₹128.25 crore in the March quarter, compared to ₹576.52 crore a year earlier, operating performance improved significantly. The company's EBITDA turned from a loss to ₹18.24 crore, with EBITDA margin for the quarter at 4.49%.
