This stock plans 100 percent dividend, board meeting soon: Check Details Here

Sharanam Infraproject & Trading Ltd has captured the attention of retail and institutional investors alike, following a series of high-impact corporate developments that hint at a major transformation in the company’s business model and market outlook. At the center of these developments is the company’s strategic shift into high-growth sectors such as organic farming and international real estate, backed by strong investor interest, including foreign institutional participation.

In its latest corporate filing with the BSE, the company disclosed that its Board of Directors will convene on May 6, 2025, to consider, among other agenda items, the declaration of a dividend on equity shares of face value Rs 1 each.

The company has also made a bold move into organic farming, having already deployed Rs 24.71 crore, which constitutes over 50 per cent of its current market capitalization. This investment is being channeled through Tirupati Corporation, the company’s strategic partner for executing its organic agriculture operations. With India’s organic food industry expected to grow at a CAGR of 20% through 2030, SIPTL’s can be observed.

Adding to its ambitions, SIPTL has also announced plans to expand its footprint internationally by entering the commercial real estate space in the UAE, particularly in Ras Al Khaimah and Dubai. The company has stated that a detailed proposal regarding its overseas real estate business will also be taken up during the board meeting scheduled for May 6.

This marks the beginning of SIPTL’s transformation into a multi-vertical, cross-border enterprise—a rare strategic evolution in the sub-Rs 1 stock universe.

On the technical front, SIPTL has shown remarkable momentum in recent sessions. The stock is currently trading above both its 50-day and 200-day moving averages, signaling sustained bullishness. The Relative Strength Index (RSI) remains in the buy zone, and the stock has been hitting upper circuits with strong delivery volumes, indicating long-term accumulation by investors.

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