Sellwin Traders Hits 6th Upper Circuit at 5% Amid Market Profit Booking

DSIJ Intelligence-2 / 24 Nov 2025/ Categories: Mindshare, Penny Stocks, Trending

Earlier, on August 23, 2025, the company signed an MoU with Shivam Contracting Inc. to invest up to USD 6 million (about Rs 52 crore) in ongoing and future U.S. projects.

Indian equity benchmark indices opened positive on Monday but soon saw profit booking across major segments. The Nifty 50 slipped below 26,050, down 23 points or 0.08 per cent. Broader markets also declined, with the Nifty Midcap index down 0.30 per cent and the Nifty Small-Cap index falling 0.74 per cent. In contrast to this market-wide weakness, Sellwin Traders Ltd surged 5 per cent to hit its Upper Circuit at Rs 12.39, marking its sixth consecutive upper circuit performance.

The stock has remained active since November 14 after the company announced a Memorandum of Understanding (MoU) with Kumkum Wellness Private Limited, the owner of the wellness brand “KAYAPALAT.” Under this agreement, Sellwin Traders will acquire an initial 36 per cent equity stake in KWPL, with an option to increase its stake to 60 per cent within 18 months. Definitive agreements are expected by December 31, 2025, subject to due diligence, statutory approvals, and valuation norms.

DSIJ's Penny Pick handpicks opportunities that balance risk with strong upside potential, enabling investors to ride the wave of wealth creation early. Get your service brochure now

Through this strategic move, Sellwin Traders aims to expand its presence in the wellness segment. The company reported strong earnings for Q2 FY26, posting a net profit of Rs 2.72 crore compared to Rs 0.83 crore last year, representing a 227 per cent rise. Q2 FY26 revenue stood at Rs 14.68 crore. For H1 FY26, the company recorded a net profit of Rs 5.86 crore against Rs 1.53 crore last year, up 283 per cent, with revenue of Rs 36.53 crore.

Director Mr. Monil Vora highlighted the company's focus on identifying growth opportunities through global partnerships. He underscored two key strategies: an investment in Shivam Contracting Inc. to gain exposure to the U.S. infrastructure sector with assured repatriation within two years, and a planned controlling acquisition of Dubai-based GMIIT, targeting more than 51 per cent equity to strengthen presence in the Gulf IT services market.

Earlier, on August 23, 2025, Sellwin Traders signed an MoU with Shivam Contracting Inc. to invest up to USD 6 million (about Rs 52 crore) in ongoing and future U.S. projects. These developments, combined with strong financial performance, have supported the recent surge in the company’s share price, which has now hit the upper circuit for six straight sessions.

Disclaimer: The article is for informational purposes only and not investment advice.