Good momentum was recorded in the initial functioning of the stock market on Monday. After last week’s huge fall, BSE Sensex was up by 737 points on Monday and was working at the level of 71437 points while Nifty was working at the level of 21,577 points after gaining 225 points.
During the period of the strong stock market, in the early trade on Monday, the shares of Sigachi Industries Ltd (NSE: SIGACHI) registered a rise of about 5.30 percent and it had reached the level of Rs 82.40.
The 52-week high of shares of Sigachi Industries Limited is Rs 86.7 with a market cap of around Rs 2,526 crore while the 52-week low is Rs 22.
Shares of Sigachi Industries have given a 12.03 percent return to investors in the last 5 days while it has given a 59.54 percent return in the last month.
In the past six months share price of Sigachi Industries has crossed the mark of Rs. 82 from the Rs 31 level. The shares of Sigachi Industries, which had reached a low of ₹ 22 on March 29, 2023, have so far given a return of 300 percent to the investors.
Sigachi Industries, a multibagger company in the pharma and cosmetic business, is a leading company in the pharma experience, nutrition, and food ingredients business.
Established in the year 1989, Sigachi Industries has within a few days established itself as the largest company in the world in the field of microcrystalline cellulose. Sigachi Industries is serving its customers across the world through multi-location facilities in Telangana and Gujarat.
Sigachi Industries’ products have customers in Asia, Australia, America, Europe, and the Middle East.
Last December, Sigachi Industries Limited informed the stock market that its wholly owned company Sigachi MENA FZCO, operating in Dubai, has appointed industry veterans like Jerry White to expand its operations in the Middle East and Anu Aga for North Africa.
About Sigachi Industries Ltd Company
Sigachi is a top excipient producer and exporter. With more than 32 years of experience and three multi-locational production facilities, Sigachi is among the top well-known manufacturers of a range of high-performance Excipients Thickeners.
With a fully-fledged Excipient Application Lab as well as an R&D Lab approved by the Department of Scientific and Industrial Research as well as of the Government of India, Sigachi has been helping its customers to improve their products more efficiently.
Sigachi has a specialization in the manufacture of products designed for Pharma, Nutra, Food, and Cosmetics as well as Chemicals.
This company is continuing to give back to the community and the natural environment by adopting sustainable practices and paying attention to CSR.
Fundamental Analysis of Sigachi Industries Ltd
| Market Cap | ₹ 2,526 Cr. |
| Current Price | ₹ 82.2 |
| 52-wk High | ₹ 86.7 |
| 52-wk Low | ₹ 22.0 |
| Stock P/E | 51.1 |
| Book Value | ₹ 12.5 |
| Dividend | 0.13 % |
| ROCE | 19.6 % |
| ROE | 17.6 % |
| Face Value | ₹ 1.00 |
| P/B Value | 6.60 |
| OPM | 19.7 % |
| EPS | ₹ 1.61 |
| Debt | ₹ 72.3 Cr. |
| Debt to Equity | 0.19 |
| Year | 1st Target | 2nd Target |
| 2024 | ₹85 | ₹110 |
| 2025 | ₹123 | ₹136 |
| 2026 | ₹160 | ₹210 |
| 2027 | ₹232 | ₹289 |
| 2028 | ₹333 | ₹350 |
| 2029 | ₹360 | ₹400 |
| 2030 | ₹405 | ₹432 |
| Promoters Holding | |
| Dec 2022 | 48.49% |
| Mar 2023 | 48.49% |
| June 2023 | 48.49% |
| Sept 2023 | 48.49% |
| Dec 2023 | 48.49% |
| FII Holding | |
| Dec 2022 | 0.05% |
| Mar 2023 | 0.09% |
| June 2023 | 0.05% |
| Sept 2023 | 0.95% |
| Dec 2023 | 0.22% |
| DII Holding | |
| Dec 2022 | 0.00% |
| Mar 2023 | 0.00% |
| June 2023 | 0.00% |
| Sept 2023 | 0.00% |
| Dec 2023 | 0.00% |
| Public Holding | |
| Dec 2022 | 51.46% |
| Mar 2023 | 51.43% |
| June 2023 | 51.45% |
| Sept 2023 | 50.56% |
| Dec 2023 | 51.30% |
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 129 Cr |
| 2020 | ₹ 139 Cr |
| 2021 | ₹ 193 Cr |
| 2022 | ₹ 250 Cr |
| 2023 | ₹ 367 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 19 Cr |
| 2020 | ₹ 20 Cr |
| 2021 | ₹ 30 Cr |
| 2022 | ₹ 40 Cr |
| 2023 | ₹ 49 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | — |
| 2020 | — |
| 2021 | — |
| 2022 | 0.15 |
| 2023 | 0.15 |
Last 10 Years’ Profit Growth:
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 29% |
| Current Year: | 3% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 23% |
| Last Year: | 18% |
Sales Growth Over 10 Years:
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 30% |
| Current Year: | 22% |
Conclusion
This article is a complete guide about Sigachi Industries Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s prospects and growth potential.
Hopefully, this piece of information will help you with your further investment.
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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your research before any investment.
