Sigachi Industries is currently trading at RS. 58.39, up by 0.95 points or 1.65% from its previous closing of RS. 57.44 on the BSE.
The stock opened at RS. 56.50 and has touched an intraday high of RS. 59.10 and a low of RS. 56.01. So far, 3,09,869 shares have been traded on the counter.
A BSE group 'B' stock with a face value of RS. 1, Sigachi Industries hit a 52-week high of RS. 69.75 on August 1, 2024, and a 52-week low of RS. 34.51 on February 17, 2025. In the past week, the stock has ranged between RS. 59.10 and RS. 55.29. The company’s current market capitalization stands at RS. 2237.30 crore.
The promoter holding in the company stands at 44.14%, with institutions holding 0.08% and non-institutions holding 55.78%.
In a significant development, Sigachi Industries has received the Terms of Reference (ToR) from the State Environment Impact Assessment Authority (SEIAA), Andhra Pradesh, for its upcoming Bulk Drugs, Drug Intermediates, and Specialty Chemicals facility at Orvakal, Andhra Pradesh.
The proposed project spans 25.09 acres at Guttapadu-Orvakal Node and falls under Category B1, aligned with Schedule 5(f) of the EIA Notification, 2006, applicable to the Synthetic Organic Chemicals sector. With ToR approval in place, the Environmental Clearance (EC) process will begin on July 15, 2025, followed by the commencement of project development on August 1, 2025.
This new facility is expected to boost Sigachi’s API manufacturing capabilities, support expansion in both regulated and semi-regulated markets, and enhance export potential. It aligns with the government’s ‘Make in India’ initiative, emphasizing advanced infrastructure and sustainable operations.
Sigachi Industries is a global leader in Pharma Excipients, Nutraceuticals, and food ingredients, and is one of the largest producers of Microcrystalline Cellulose in the world.