Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

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

Sigachi Industries consolidated net profit rises 42.60% in the June 2022 quarter

The company is driving the Indian growth story in the microcrystalline cellulose category.

Sigachi Industries ventures into human nutritional segment; Stock gains near 1%

Sigachi Industries stock touched an intraday high of Rs 324.25, gaining 7.94% on BSE.

Sigachi Industries stock gains 8% after CARE upgrades debt rating

CARE has upgraded to ‘A-’ and ‘A2’ the long-term and short-term bank facilities of Sigachi Industries from A3+

Sigachi Industries gains 4% on debt rating upgrade by CARE

CARE ratings assigned a ‘CARE A-’ rating to its long-term bank facilities.

Sigachi Industries gains ~4% as CARE revises company’s credit ratings

The best-performing IPOs were not only large issues such as Nykaa and Zomato but also small issues such as Sigachi Industries and Paras Defense. This is a testament to growing investor interest in these new companies.

IPO investing: Does it really matter whether it’s an OFS or fresh issue?

Sigachi Industries Limited is an India-based company, which is engaged in manufacturing of cellulose based excipients for finished dosages in the pharmaceutical industry. The Company manufactures primarily microcrystalline cellulose. The Company serves pharmaceutical, food and nutraceuticals, cosmetic and chemical industries. The Company offers Anti-ulcers (Gastrointestinal) Products and their Intermediates. The Company's pre formulated excipients include BARETab PH, BARETab ODT and BARETab Nutra.

Sigachi Industries Ltd

Sigachi Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

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

These 5 IPOs offered multibagger returns to investors in Samvat 2078

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

Sigachi Industries consolidated net profit rises 42.60% in the June 2022 quarter

Sigachi Industries ventures into human nutritional segment; Stock gains near 1%

Sigachi Industries stock gains 8% after CARE upgrades debt rating

Sigachi Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

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

These 5 IPOs offered multibagger returns to investors in Samvat 2078

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

Sigachi Industries consolidated net profit rises 42.60% in the June 2022 quarter

Sigachi Industries ventures into human nutritional segment; Stock gains near 1%

Sigachi Industries stock gains 8% after CARE upgrades debt rating

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock