Sigachi Industries consolidated net profit rises 20.96% in the June 2024 quarter

This is the fourth best listing on Indian bourses ever, after Sigachi Industries (listed in November 2021), Paras Defense and Space Technologies (October 2021) and Religare Enterprises.

Vibhor Steel Tubes Shares Surge 195% Over IPO Price In Best Debut Of 2024

The API unit is equipped with cutting-edge technology and is in compliance with the stringent international quality standards of USFDA, EMEA and WHO

Sigachi Industries buys 80% stake in Trimax Biosciences for ₹100 cr

The company has approved to issue 1.1 crore convertible warrants to the promoter or promoter group and certain identified non-promoter entities by way of preferential allotment

Sigachi Industries shares rise after board okays issue of warrants

The board meeting will take place to consider the proposal of raising funds by way of issue of equity or convertible warrants on preferential basis to promoters and non-promoters, subject to the receipt of necessary approvals/ permissions, the company said.

Sigachi Industries shares surge 30% in 3 days ahead of board meet on fund-raising

Sigachi Industries is looking to raised funds from promoters and other investors by issuing equity or convertible warrants on a preferential basis

Sigachi Industries shares jump 11% on fund raising plans

The board of SIL will meet on January 10, 2023 to consider the proposal of raising funds by way of issue of equity or convertible warrants on preferential basis to the promoters and non-promoters.

Sigachi Industries zooms 19% as board plans to mull fund raising plan

November may see a huge supply of shares as lock-in period of 10 companies including FSN E-Commerce (Nykaa), PB Fintech (Policy Bazaar), Sigachi Industries, One97 Communications (Paytm), Tarsons Products and Go Fashion (India) will end this month for pre-IPO investors

Nykaa, Paytm, Policy Bazaar: Lock-in periods of 10 IPOs to expire in November

Sigachi Industries consolidated net profit rises 37.73% in the September 2022 quarter

However, smaller issues including Sigachi Industries, HP Adhesives, Hariom Pipe Industries, Venus Pipes & Tubes and Veranda Learning, whose issue size ranged between Rs 125-200 crore, delivered 50-150% returns to investors.

These 5 IPOs offered multibagger returns to investors in Samvat 2078

The stock market watchers should be aware that the shares of Magellanic Cloud Limited, Anand Rathi, Kirloskar Brothers Limited, Cummins India, DLF, Centum Electronics Limited, Sigachi Industries Limited, and S H Kelkar and Company Limited are going to trade ex-dividend tomorrow on 2nd August 2022.

8 stocks to trade ex-dividend tomorrow on 2nd August 2022

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Sigachi Industries Private Limited is an India-based company that manufactures cellulose-based excipients. The Company manufactures microcrystalline cellulose (MCC), the polymer used for finished dosages in the pharmaceutical industry.