New Delhi, June 30 -- Sigachi Industries share price slumped 12% on Monday after reports of a blast at its plant in Telangana. Sigachi Industries shares declined as much as 12.3% to Rs.48.39 apiece on the BSE.

A reactor blast took place at Sigachi Pharma Company, Pasamailaram Phase 1, Medak, news agency ANI reported.

Eleven fire tenders have reached the site, and nearly 15-20 people were injured, the report added, quoting Telangana fire officials.

At 12:00 PM, Sigachi Industries share price was trading 11.27% lower at Rs.48.96 apiece on the BSE.

(To be updated)

Published by HT Digital Content Services with permission from MINT....