Buyback alert! This security solutions stock rallied 12% on buyback update. Do you own?

The shares of security solutions provider SIS rallied over 12% on Wednesday after the company announced that its board of directors will meet on June 29 to consider and approve the proposal to buy back shares from its shareholders.

SIS shares jumped to a fresh 52-week high of Rs 480.95 apiece on NSE on Wednesday morning. The stock is on track to record its biggest single day jump in nearly eight weeks.

The company informed stock exchanges about the upcoming board meeting through an exchange filing released in the post market hours of Tuesday. “The trading window for dealing in securities of the company has been closed for the designated persons and their immediate relatives from June 23, 2026 (i.e., the date of this intimation letter), and shall remain closed until 48 hours after the disclosure of the outcome of the aforesaid board meeting to the stock exchanges i.e., July 1, 2026,” it said.


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About SIS

SIS provides security, facility management and cash logistics solutions. The company’s operations span across India, Australia, New Zealand, and Singapore.

The company’s operating profit grew around 24% to Rs 392 crore on a like-for-like basis in FY26. “Return on Capital Employed improved to 16.5% and return on equity to 15.8%, even as the balance sheet remained comfortably positioned with a Net Debt to EBITDA ratio under,” it said in its annual report. Consolidated revenue grew over 21% to Rs 15,982 crore, its strongest growth in several years, while EBITDA rose 19% to a record Rs 717 crore during the financial year which ended on March 31, 2026.

SIS has maintained a steady tradition of buybacks. Last year, it announced a Rs 150 crore share buyback. It has conducted similar buybacks in 2023, 2022 and 2021 as well.

SIS share price

SIS shares later pared some gains and were trading 8% higher at Rs 463 apiece, as seen at 11 am. The stock has gained over 9% in one week and 18% in one month. The stock is overall up 40% in 2026 so far.

In the longer term, the shares of the company have delivered 26% returns over one year, 11% returns over three years and over 8% returns over five years. The company currently has a market capitalisation of more than Rs 6,532 crore.

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