Sigachi Industries gains on inking MoU with Indian Navy to promote healthy living
Sigachi Industries is currently trading at Rs. 38.31, up by 0.30 points or 0.79% from its previous closing of Rs. 38.01 on the BSE.
The scrip opened at Rs. 38.19 and has touched a high and low of Rs. 38.84 and Rs. 37.56 respectively. So far 52347 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 75.45 on 27-May-2024 and a 52 week low of Rs. 34.51 on 17-Feb-2025.
Last one week high and low of the scrip stood at Rs. 41.99 and Rs. 36.97 respectively. The current market cap of the company is Rs. 1457.01 crore.
The promoters holding in the company stood at 44.71%, while Institutions and Non-Institutions held 0.16% and 55.12% respectively.
Sigachi Industries has signed a Memorandum of Understanding (MoU) with the Indian Navy (INS Kalinga) to jointly promote a culture of health and wellness through the ‘Vizag Navy Marathon Promo cum Conditioning Programme.’ The programme will take place on the 2nd Sunday of every month, from March 2025 to October 2025, in Visakhapatnam. By joining forces with the Indian Navy, the company aims to empower individuals to embrace a healthier lifestyle while increasing engagement with public health initiatives across the region.
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.
