SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sicagen India touches roof on getting nod to raise Rs 25 crore

27 May 2021 Evaluate

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.

 

 

Sicagen India Share Price

54.30 1.18 (2.22%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×