Bengaluru, July 2 -- The shares of this leading pharmaceutical company plummeted by over 25 percent over the past five days, after a critical reactor blast took place in Telangana. In this article, we will discuss more about this in detail.
With a market capitalisation of Rs 1,645 crores, the shares of Sigachi Industries Ltd are currently trading at Rs 43.1 per share, down by 38.20 percent from its 52-week high of Rs 69.75. In the last year, the stock has delivered a negative return of 28.43 percent.
On Monday, the Sigachi Pharma plant in Pasamailaram Phase 1 in the Medak district of Telangana witnessed a reactor explosion. As per the company's latest filing, the reactor blast killed 40 members and injured another 33.
Emergency service...
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