Bengaluru, Jan. 29 -- A small-cap Security and Cash Logistics Solutions provider reached an Intraday high of Rs 345, a jump of 13% on Wednesday's morning session. This came after the company reported a significant jump of around 177% in their Net profits in Q3FY25.
Share Price Movement
The shares of SIS Ltd (Security & Intelligence Services Ltd), were trading at around Rs 332 per share, 9% higher than its previous close of Rs 305 apiece around 12 pm on Wednesday.
Reason for the Rise
The company's Net profits increased by 176.6% from Rs 36.9 Cr in Q3 FY24 to Rs 102 Cr in Q3FY25. On a quarterly basis, their net profits rose 48.4% from Rs 68.8 Cr in Q2FY25.
Similarly, its Revenues increased by 9.4%, from Rs 3,074 Cr in Q3 FY24 to Rs 3,3...
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