Suncare Traders
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Suncare Traders Ltd announced the resignation of Whole-time Director and Chief Financial Officer Harshad Rathod, effective 21 July 2026, citing personal commitments and pre-occupation with other work. The board accepted his resignation and simultaneously appointed Ramesh Salvi, a 32-year-old with five years of experience in accounts and finance, as the new Whole-time Director and CFO, subject to shareholder approval at the ensuing annual general meeting. The board meeting, held on the same day, commenced at 3:15 PM and concluded at 3:30 PM.
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Suncare Traders Ltd announced the resignation of Whole-time Director and Chief Financial Officer Harshad Rathod, effective 21 July 2026, citing personal commitments and pre-occupation with other work. The board accepted his resignation and simultaneously appointed Ramesh Salvi, a 32-year-old with five years of experience in accounts and finance, as the new Whole-time Director and CFO, subject to shareholder approval at the ensuing annual general meeting. The board meeting, held on the same day, commenced at 3:15 PM and concluded at 3:30 PM.
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Shree Ganesh Bio-Tech (India) Limited sold 86.48 lakh shares, or a 3.39% stake, in Suncare Traders Ltd between April 1 and June 22, 2026, reducing its holding from 5.28% to 1.89%. The sales took place through open market transactions on BSE. Following the disposal, Shree Ganesh Bio-Tech is no longer required to disclose further changes in its holding, having fallen below the 5% substantial acquisition threshold. The exit comes shortly after the entity had acquired a 5.28% stake earlier, marking a swift reversal of strategic interest. For the nano-cap company, the transaction adds to recent shareholder churn.
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Shree Ganesh Bio-Tech (India) Limited sold 86.48 lakh shares, or a 3.39% stake, in Suncare Traders Ltd between April 1 and June 22, 2026, reducing its holding from 5.28% to 1.89%. The sales took place through open market transactions on BSE. Following the disposal, Shree Ganesh Bio-Tech is no longer required to disclose further changes in its holding, having fallen below the 5% substantial acquisition threshold. The exit comes shortly after the entity had acquired a 5.28% stake earlier, marking a swift reversal of strategic interest. For the nano-cap company, the transaction adds to recent shareholder churn.
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July 3 (Reuters) - Suncare Traders Ltd SNTR.BO:
SUNCARE TRADERS LTD - SIGNS MOU WITH WANEK FURNITURE TO BOOST PLYWOOD SUPPLY
Source text: ID:nBSE56ZPL
Further company coverage: SNTR.BO
(([email protected];))
July 3 (Reuters) - Suncare Traders Ltd SNTR.BO:
SUNCARE TRADERS LTD - SIGNS MOU WITH WANEK FURNITURE TO BOOST PLYWOOD SUPPLY
Source text: ID:nBSE56ZPL
Further company coverage: SNTR.BO
(([email protected];))
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Popular questions
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What does Suncare Traders do?
Suncare Traders Limited, established in 1997, operates from Ahmedabad and specializes in trading laminates, plywood, and solar power generation.
Who are the competitors of Suncare Traders?
Suncare Traders major competitors are Ambition Mica, Deco-Mica, Alfa Ica (India), Milton Industries, Airo Lam, The Western Indian, Interiors & More. Market Cap of Suncare Traders is ₹11 Crs. While the median market cap of its peers are ₹64 Crs.
Is Suncare Traders financially stable compared to its competitors?
Suncare Traders seems to be less financially stable compared to its competitors. Altman Z score of Suncare Traders is 0 and is ranked 7 out of its 8 competitors.
Does Suncare Traders pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Suncare Traders latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Suncare Traders allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Suncare Traders balance sheet?
Suncare Traders balance sheet is weak and might have solvency issues
Is the profitablity of Suncare Traders improving?
The profit is oscillating. The profit of Suncare Traders is -₹1.85 Crs for TTM, ₹0.59 Crs for Mar 2025 and ₹0.39 Crs for Mar 2024.
Is the debt of Suncare Traders increasing or decreasing?
Yes, The net debt of Suncare Traders is increasing. Latest net debt of Suncare Traders is ₹5.36 Crs as of Mar-25. This is greater than Mar-24 when it was ₹3.22 Crs.
Is Suncare Traders stock expensive?
Suncare Traders is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Suncare Traders is 190, while 3 year average PE is 61.0. Also latest EV/EBITDA of Suncare Traders is 0.0 while 3yr average is 277.
Has the share price of Suncare Traders grown faster than its competition?
Suncare Traders has given lower returns compared to its competitors. Suncare Traders has grown at ~-34.53% over the last 2yrs while peers have grown at a median rate of -8.33%
Is the promoter bullish about Suncare Traders?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 4.69% and last quarter promoter holding is 4.29%.
Are mutual funds buying/selling Suncare Traders?
There is Insufficient data to gauge this.