India's Sai Silks (Kalamandir) set for best day since listing on Q2 turnover rise

Sai Silks (Kalamandir)

03/10/2025 06:42

** Shares of Sai Silks (Kalamandir) SAIS.NS rise 14.5% to 178 rupees, set for best day since listing in September 2023

** Ethnic clothing retailer's Q2 turnover rose 28% Y/Y to 4.44 bln rupees ($50 mln)

** Plans to add 10 new stores across Tamil Nadu, Karnataka, Telangana, and Andhra Pradesh

** Trading vols at 12.6 mln shares so far, 16.9x the 30-day average

** SAIS up ~5% YTD

($1 = 88.7500 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))