New Delhi, June 18 -- Sigachi Industries share price rose nearly 2 per cent in Wednesday's trading session after the company announced the opening of new R&D Center in Hyderabad.

The small-cap stock opened at Rs.54.90 apiece on Wednesday, as compared to previous close of Rs.54.72. At 9:35 am, Sigachi Industries shares climbed to Rs.55.62, however, the stock gave up the gains, touching an intraday low to Rs.54.52.

Pharma company said on June 18 that the company has officially opened its new R&D Center in Hyderabad-an advanced facility designed to accelerate the development of critical APIs and enhance in-house analytical capabilities.

The facility is poised to play a key role in advancing Sigachi's innovation roadmap and enhancing its r...