Sicagen India is locked its upper circuit limit at Rs. 22.55, up by 1.05 points or 4.88% from its previous closing of Rs. 21.50 on the BSE.
The scrip opened at Rs. 22.55 and has touched a high and low of Rs. 22.55 and Rs. 22.55 respectively. So far 3529 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.21 on 28-Apr-2021 and a 52 week low of Rs. 10.31 on 01-Oct-2020.
Last one week high and low of the scrip stood at Rs. 22.55 and Rs. 19.05 respectively. The current market cap of the company is Rs. 89.23 crore.
The promoters holding in the company stood at 39.85%, while Institutions and Non-Institutions held 12.94% and 47.20% respectively.
Sicagen India’s board has approved the proposal for fund raising by way of issuance of preference shares to the extent of Rs 25 crore under private placement subject to the shareholders’ approval at the ensuing Annual General Meeting. As part of comprehensive strategy and business development and also to enhance the working capital requirement, the Board of Directors of the company, at its meeting held on May 26, 2021 has inter alia considered and approved the proposal for fund raising.
Sicagen India is country's leading provider of trading and marketing services for construction-related industrial and retail infrastructure.
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