Bengaluru, June 30 -- The shares of this leading pharmaceutical company plummeted by 15 percent on Monday, after a critical reactor blast took place in Telangana, killing ten workers. In this article, we will discuss more about this in detail.
With a market capitalisation of Rs 1,897 crores, the shares of Sigachi Industries Ltd are currently trading at Rs 49.6 per share, down by 29 percent from its 52-week high of Rs 69.75. In the last one year, the stock has delivered a negative return of 19 percent.
On Monday, the Sigachi Pharma plant in Pasamailaram Phase 1 in the Medak district of Telangana witnessed a reactor explosion. The incident resulted in the death of at least ten workers and left several others injured.
Emergency services ...
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