Sonam Ltd share Price Today

Sonam Clock Limited was originally incorporated as a private limited company with the name `Sonam Clock Private Limited` on June 21, 2001. Further, the company was converted into a Public Limited Company and consequently the name of the Company was changed from `Sonam Clock Private Limited` to `Sonam Clock Limited` on February 07, 2018. Mr. Jayeshbhai Chhabildas Shah and Mrs. Deepaben Jayeshbhai Shah were the initial subscribers to the Memorandum of Association of the Company and are the current promoters of the Company. Sonam Clock is a clock manufacturing Company situated in Morbi, Gujarat. The Company offers a wide range of table and wall clocks at various price points across budget, mid-level and premium styles. As on February 2018, the company is offering clocks from a price range of Rs. 100 to Rs. 1800 which includes LED digital clocks, LCD clocks, light sensor clocks, pendulum clocks, musical clocks, rotating pendulum musical clocks, sweep clocks, office clocks, designer clocks, alarm clocks, table clocks and regular clocks. The Company is also offers customized corporate clocks in bulk quantities for corporate gifting purpose. Products are sold mainly to clock dealers, retailers, corporates, gifts and novelties stores, through which it reaches to end consumers. Products are sold under the brand name of Sonam, ampm and Lotus. The Manufacturing facility is located in Morbi, Gujarat and has present installed production capacity of approximately 72 lakhs p.a. for clocks and 240 lakhs p.a. for clock movements. A Clock movement, also known as caliber, is an internal mechanical part of the clock, which drives hour, minute and second hands of clock in motion. The Company is also engaged in sale of clock parts which includes clock movements, clock cases etc. The Company is an ISO 9001:2008 accredited Company and it has grown many folds during the past decade under the leadership and guidance of the Promoter, Chairman and Managing Director, Mr. Jayeshbhai Chhabildas Shah, who has an experience of over 30 years in the field of clock industry. His expertise and experience has been instrumental in the growth of business.

Sonam share price as on 03 May 2024 is Rs. 84. Over the past 6 months, the Sonam share price has increased by 7.97% and in the last one year, it has increased by 65.03%. The 52-week low for Sonam share price was Rs. 45.55 and 52-week high was Rs. 95.