Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest update is out from Shivam Autotech Limited ( (IN:SHIVAMAUTO) ).
Shivam Autotech Limited announced that the resolution proposed in its postal ballot notice has been approved by shareholders through a remote e-voting process. This resolution includes an increase in the company’s authorized share capital and the consent to issue and allot equity shares through a Qualified Institutional Placement, indicating potential growth and expansion opportunities.
More about Shivam Autotech Limited
Shivam Autotech Limited operates in the automotive components industry, focusing on manufacturing a variety of auto parts. The company serves a broad market, providing essential components to numerous automotive manufacturers.
YTD Price Performance: -25.61%
Average Trading Volume: 39,443
Current Market Cap: 4.19B INR
For an in-depth examination of SHIVAMAUTO stock, go to TipRanks’ Stock Analysis page.