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Sigachi Industries rises on widening horizon by venturing into human nutritional segment

04 Jul 2022 Evaluate

Sigachi Industries is currently trading at Rs. 277.00, up by 5.85 points or 2.16% from its previous closing of Rs. 271.15 on the BSE.

The scrip opened at Rs. 283.95 and has touched a high and low of Rs. 289.00 and Rs. 274.45 respectively. So far 9399 shares were traded on the counter.

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. 231.30 on 21-Jun-2022.

Last one week high and low of the scrip stood at Rs. 289.00 and Rs. 248.10 respectively. The current market cap of the company is Rs. 851.57 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 is widening its horizon by venturing into human nutritional segment. The company will be exploring the nutritional markets in India and across 45 counties, where it currently exports. The product portfolio will widely incorporate micronutrient premixes, encapsulated ingredients, granulated ingredients, and triturates. With these ingredients, Sigachi is looking to deepen its relationship with its current customers in Nutraceuticals, Bakery, Dairy, Infant and Medical Nutrition, Confectionery, Savoury and Snacks, and Beverages sectors. The markets can be broken down into various application segments namely Dietary Supplements, Functional Nutrient, Early life Nutrition, and Packaged food & beverages.

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.


Sigachi Industries Share Price

23.35 0.04 (0.17%)
17-Apr-2026 16:59 View Price Chart
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