Spice IslandsInd

{
  "main_header": {
    "sid": 323667,
    "name": "Spice IslandsInd",
    "stock_name": "Spice IslandsInd",
    "full_name": "Spice Islands Industries Ltd",
    "name_url": "stocks-analysis/spice-islandsind",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 0,
    "country_id": 34,
    "currency": "INR",
    "cmp": "299.45",
    "chg": 0.7,
    "chgp": "0.23%",
    "dir": 1,
    "prev_price": "298.75",
    "mcapval": "130.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 526827,
    "symbol": "",
    "ind_name": "Gems, Jewellery And Watches",
    "ind_code": 32,
    "indexname": "India SENSEX",
    "isin": "INE882D01017",
    "curr_date": "Apr 17",
    "curr_time": "",
    "bse_nse_vol": "9.16 k",
    "exc_status": "Active",
    "traded_date": "Apr 17, 2026",
    "traded_date_str": "2026 04 17",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/spice-islandsind-323667-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Spice Islands Industries Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/spice-islands-industries-ltd-is-rated-sell-3942309",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/SpiceIslandsInd_mojoScore_3942309.png",
        "date": "2026-04-11 10:10:48",
        "description": "Spice Islands Industries Ltd is rated Sell by MarketsMOJO, with this rating last updated on 30 March 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 11 April 2026, providing investors with the latest insights into the company’s fundamentals, valuation, financial trend, and technical outlook."
      },
      {
        "title": "Spice Islands Industries Ltd Downgraded to Sell Amid Valuation and Fundamental Concerns",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/spice-islands-industries-ltd-downgraded-to-sell-amid-valuation-and-fundamental-concerns-3926980",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SpiceIslandsInd_mojoScore_3926980.png",
        "date": "2026-03-31 08:11:08",
        "description": "Spice Islands Industries Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Hold to Sell as of 30 March 2026. Despite impressive short-term returns and recent positive quarterly results, the company’s long-term fundamentals, valuation metrics, financial trends, and technical indicators have collectively triggered this reassessment."
      },
      {
        "title": "Spice Islands Industries Ltd Upgraded to Hold on Technical and Financial Improvements",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/spice-islands-industries-ltd-upgraded-to-hold-on-technical-and-financial-improvements-3909336",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SpiceIslandsInd_mojoScore_3909336.png",
        "date": "2026-03-24 08:13:40",
        "description": "Spice Islands Industries Ltd has seen its investment rating upgraded from Sell to Hold as of 23 March 2026, reflecting a notable improvement in its technical indicators and recent financial performance. The upgrade is driven by a bullish shift in technical trends, steady quarterly earnings growth, and a more favourable valuation outlook despite some lingering fundamental challenges."
      },
      {
        "title": "Spice Islands Industries Ltd Downgraded to Sell Amid Mixed Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/spice-islands-industries-ltd-downgraded-to-sell-amid-mixed-financial-and-technical-signals-3884499",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SpiceIslandsInd_mojoScore_3884499.png",
        "date": "2026-03-11 08:07:59",
        "description": "Spice Islands Industries Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Hold to Sell as of 10 March 2026. This shift reflects a complex interplay of factors including deteriorating technical indicators, expensive valuation metrics, weak long-term financial trends, and a decline in overall quality scores, signalling caution for investors despite recent strong returns."
      },
      {
        "title": "Spice Islands Industries Ltd is Rated Hold by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/spice-islands-industries-ltd-is-rated-hold-by-marketsmojo-3862927",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/SpiceIslandsInd_mojoScore_3862927.png",
        "date": "2026-03-01 10:10:35",
        "description": "Spice Islands Industries Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 16 February 2026. However, the analysis and financial metrics presented here reflect the stock's current position as of 01 March 2026, providing investors with the latest insights into the company's performance and outlook."
      },
      {
        "title": "Spice Islands Industries Ltd Falls 9.32%: Valuation Upgrade Amidst Weekly Decline",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/spice-islands-industries-ltd-falls-932-valuation-upgrade-amidst-weekly-decline-3850046",
        "imagepath": "",
        "date": "2026-02-21 17:15:06",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>16 Feb:</strong> Stock closes at ₹297.45, down 1.72% amid cautious sentiment</p>\n                    <p><strong>17 Feb:</strong> MarketsMOJO upgrades rating to Hold citing valuation and financial improvements</p>\n                    <p><strong>17 Feb:</strong> Valuation shift signals renewed investor interest despite premium multiples</p>\n                    <p><strong>20 Feb:</strong> Week ends with stock at ₹274.45, down 2.00% on the day</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.302.65</div></div>\n                    <div class=\"stat-item\"><div c..."
      },
      {
        "title": "Spice Islands Industries Ltd Upgraded to Hold on Valuation and Financial Improvements",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/spice-islands-industries-ltd-upgraded-to-hold-on-valuation-and-financial-improvements-3843730",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SpiceIslandsInd_mojoScore_3843730.png",
        "date": "2026-02-17 08:20:15",
        "description": "Spice Islands Industries Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating upgraded from Sell to Hold as of 16 February 2026. This change reflects a reassessment across multiple parameters including valuation, financial trends, quality metrics, and technical indicators, signalling a cautious but positive outlook for investors."
      },
      {
        "title": "Spice Islands Industries Ltd Valuation Shift Signals Renewed Investor Interest",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/spice-islands-industries-ltd-valuation-shift-signals-renewed-investor-interest-3843217",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/SpiceIslandsInd_valuationdot_3843217.png",
        "date": "2026-02-17 08:01:15",
        "description": "Spice Islands Industries Ltd has witnessed a notable change in its valuation parameters, moving from a risky to a non-qualifying valuation grade, reflecting a shift in price attractiveness despite a recent dip in share price. This development comes amid exceptional stock returns over multiple time horizons, positioning the company distinctively within the Gems, Jewellery and Watches sector."
      },
      {
        "title": "Spice Islands Industries Ltd Gains 10.60%: 6 Key Factors Driving the Surge",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/spice-islands-industries-ltd-gains-1060-6-key-factors-driving-the-surge-3840690",
        "imagepath": "",
        "date": "2026-02-15 09:00:06",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>09 Feb:</strong> New 52-week and all-time high at Rs.287.3</p>\n                    <p><strong>12 Feb:</strong> New 52-week and all-time high at Rs.297.95</p>\n                    <p><strong>13 Feb:</strong> New 52-week and all-time high at Rs.311</p>\n                    <p><strong>Weekly Close:</strong> Rs.302.65 (+10.60%) vs Sensex -0.54%</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.273.65</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.302.65</div><div class=\"stat-change positi..."
      }
    ],
    "total": 297,
    "sid": "323667",
    "stock_news_url": "https://www.marketsmojo.com/news/spice-islands-industries-323667"
  },
  "announcements": [
    {
      "caption": "Non Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations 2015 For The Quarter Ended March 31 2026",
      "datetime": "17-Apr-2026",
      "details": "Non Applicability of Regulations 23(9) of SEBI (LODR) Regulations 2015 for the quarter ended March 31 2026.",
      "source": "BSE"
    },
    {
      "caption": "Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A",
      "datetime": "17-Apr-2026",
      "details": "<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Spice Islands Industries Ltd-</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L11045MH1988PLC050197</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>0.17</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>0</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>Not Applicable</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>BSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: Arti Lalwani <br/> Designation: Company Secretary and Compliance Officer <br/> EmailId: artibaid05@gmail.com</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: Faraaz Chapra <br/> Designation: Director and CFO <br/> EmailId: faraaz.chapra@spiceislandsindia.com</div> </div> <div> <br/> Date: 17/04/2026<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Reg.24(A)-Annual Secretarial Compliance",
      "datetime": "16-Apr-2026",
      "details": "Non Applicability of Annual Secretarial Compliance Report for the year ended March 31 2026",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Spice Islands Industries Ltd has declared <strong>5%</strong> dividend, ex-date: 27 Feb 26",
          "dt": "2026-02-27",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Spice Islands Industries Ltd is Rated Sell

2026-04-11 10:10:48

Spice Islands Industries Ltd is rated Sell by MarketsMOJO, with this rating last updated on 30 March 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 11 April 2026, providing investors with the latest insights into the company’s fundamentals, valuation, financial trend, and technical outlook.

Read full news article

Spice Islands Industries Ltd Downgraded to Sell Amid Valuation and Fundamental Concerns

2026-03-31 08:11:08

Spice Islands Industries Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Hold to Sell as of 30 March 2026. Despite impressive short-term returns and recent positive quarterly results, the company’s long-term fundamentals, valuation metrics, financial trends, and technical indicators have collectively triggered this reassessment.

Read full news article

Spice Islands Industries Ltd Upgraded to Hold on Technical and Financial Improvements

2026-03-24 08:13:40

Spice Islands Industries Ltd has seen its investment rating upgraded from Sell to Hold as of 23 March 2026, reflecting a notable improvement in its technical indicators and recent financial performance. The upgrade is driven by a bullish shift in technical trends, steady quarterly earnings growth, and a more favourable valuation outlook despite some lingering fundamental challenges.

Read full news article

Spice Islands Industries Ltd Downgraded to Sell Amid Mixed Financial and Technical Signals

2026-03-11 08:07:59

Spice Islands Industries Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Hold to Sell as of 10 March 2026. This shift reflects a complex interplay of factors including deteriorating technical indicators, expensive valuation metrics, weak long-term financial trends, and a decline in overall quality scores, signalling caution for investors despite recent strong returns.

Read full news article

Spice Islands Industries Ltd is Rated Hold by MarketsMOJO

2026-03-01 10:10:35

Spice Islands Industries Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 16 February 2026. However, the analysis and financial metrics presented here reflect the stock's current position as of 01 March 2026, providing investors with the latest insights into the company's performance and outlook.

Read full news article

Spice Islands Industries Ltd Falls 9.32%: Valuation Upgrade Amidst Weekly Decline

2026-02-21 17:15:06

Key Events This Week

16 Feb: Stock closes at ₹297.45, down 1.72% amid cautious sentiment

17 Feb: MarketsMOJO upgrades rating to Hold citing valuation and financial improvements

17 Feb: Valuation shift signals renewed investor interest despite premium multiples

20 Feb: Week ends with stock at ₹274.45, down 2.00% on the day

Week Open

Rs.302.65

Read full news article

Spice Islands Industries Ltd Upgraded to Hold on Valuation and Financial Improvements

2026-02-17 08:20:15

Spice Islands Industries Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating upgraded from Sell to Hold as of 16 February 2026. This change reflects a reassessment across multiple parameters including valuation, financial trends, quality metrics, and technical indicators, signalling a cautious but positive outlook for investors.

Read full news article

Spice Islands Industries Ltd Valuation Shift Signals Renewed Investor Interest

2026-02-17 08:01:15

Spice Islands Industries Ltd has witnessed a notable change in its valuation parameters, moving from a risky to a non-qualifying valuation grade, reflecting a shift in price attractiveness despite a recent dip in share price. This development comes amid exceptional stock returns over multiple time horizons, positioning the company distinctively within the Gems, Jewellery and Watches sector.

Read full news article

Spice Islands Industries Ltd Gains 10.60%: 6 Key Factors Driving the Surge

2026-02-15 09:00:06

Key Events This Week

09 Feb: New 52-week and all-time high at Rs.287.3

12 Feb: New 52-week and all-time high at Rs.297.95

13 Feb: New 52-week and all-time high at Rs.311

Weekly Close: Rs.302.65 (+10.60%) vs Sensex -0.54%

Week Open

Rs.273.65

Week Close

Rs.302.65

Read full news article

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