Shares of Sigachi Industries surged 10.11 per cent at Rs 54.90 per share on the BSE in Friday's intraday trade
The S&P BSE Smallcap index was down 1 per cent in intra-day deals on Monday as against a 0.3 per cent dip on the S&P BSE benchmark, the Sensex.
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The board of SIL will meet on January 10, 2023 to consider the proposal of raising funds by way of issue of equity or convertible warrants on preferential basis to the promoters and non-promoters.
Sigachi Industries got a bumper listing and secured number one position in 2021 with a gain of 270%
The stock of pharmaceutical company was quoting lower for fourth straight day, falling 26 per cent during the period on profit booking.
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At 10:09 am; the stock was locked at the maximum 5 per cent upper circuit at Rs 603.75, a 270 per cent jump over its issue price of Rs 163 per share