Sigachi Industries is currently trading at Rs. 259.65, up by 3.20 points or 1.25% from its previous closing of Rs. 256.45 on the BSE.
The scrip opened at Rs. 265.00 and has touched a high and low of Rs. 265.00 and Rs. 265.00 respectively.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 648.00 on 17-Nov-2021 and a 52 week low of Rs. 246.00 on 26-May-2022.
Last one week high and low of the scrip stood at Rs. 272.90 and Rs. 255.30 respectively. The current market cap of the company is Rs. 788.39 crore.
The promoters holding in the company stood at 48.48%, while Institutions and Non-Institutions held 3.15% and 48.37% respectively.
Sigachi Industries has incorporated a wholly owned subsidiary in Dubai, UAE, under the name of ‘Sigachi Mena Fzco’ as a Free Zone Company in compliance with the regulations issued by the Dubai Integrated Economic Zones Authority (DIEZA).
The scope of business to be carried out by the subsidiary shall be discussed in the ensuing board meeting and the same shall be intimated to the stock exchanges.
Sigachi Industries is an industry leader in the field of Pharma Excipients, Nutra and food ingredients.
The company has rapidly established itself as one of the largest manufacturers of Microcrystalline Cellulose worldwide.
