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About Tyche Industries Ltd
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Tyche Industries Limited (formerly known as Siris Soft Limited) was incorporated on Jul` 23, 1998. TIL is one of the largest manufacturers in India of Glucosamine Hydrochloride and corresponding sodium and potassium salts which are mainly exported to USA and Europe. Company`s operations are predominantly related to the manufacture of bulk drugs intermediates. The company has established two advanced development centers in the area of e-commerce in New Jersey, USA and Hyderabad. The company has three business models namely offshore solutions, offsite solutions and onsite solutions. It has entered into strategic alliance with Allegheny Digital Corp, Organic Online Inc, Transaction Information System Inc, CMC and Business Software Solutions Inc. The company is coming with a public issue of 26 lac equity shares of Rs. 10/- each aggregating to Rs. 260 lacs to finance the cost of expansion of the infrastructure to meet the demands of the anticipated business through the strategic partners and through own branches, to market the existing ERP products, to meet the cost of establishing of Branches in America and to part finance the cost of proposed line of operation and to set up infrastructure facilities. The company showed an increase in sales from Rs. 46.62 lacs in 1999 to 301.20 lacs in 2000 and a net profit of Rs. 6.32 lacs (1999) to Rs. 59.81 lacs (2000). The projections of the company shows a sales of Rs. 1549.32 lacs and net profit of Rs. 249.52 lacs for the year 2001 and sales of Rs. 1936.65 lacs and net profit of Rs. 346.02 lacs for the year 2002. The company is expecting to earn a export earnings of 82.64% in total revenue.
Tyche Industries share price as on 24 May 2025 is Rs. 152. Over the past 6 months, the Tyche Industries share price has decreased by 22.63% and in the last one year, it has decreased by 24.68%. The 52-week low for Tyche Industries share price was Rs. 129.1 and 52-week high was Rs. 224.5.
532384
INE443B01012
Sep
Tyche Industries Ltd FAQs
You can buy Tyche Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Tyche Industries Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 23, 2025 04:01 PM the closing price of Tyche Industries Ltd was Rs.152.00.
The latest PE ratio of Tyche Industries Ltd as of May 23, 2025 04:01 PM is 11.41
The latest PB ratio of Tyche Industries Ltd as of May 23, 2025 04:01 PM is 0.86
The 52-week high of Tyche Industries Ltd share price is Rs. 224.50 while the 52-week low is Rs. 129.10
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of May 23, 2025 04:01 PM, the market cap of Tyche Industries Ltd stood at Rs. 155.80 Cr.
Market Outlook
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