Sigachi Industries shares jump 13% after 20% rally, analysts flag speculation
Drug-maker Sigachi Industries’ scrip surged 13.46 per cent to close at ₹42.89 on the BSE on Friday.
The stock of the Hyderabad-based company registered a surge for a second day in a row today, as it surged 20 per cent on Thursday over the previous close.
Analysts see speculative buzz
When asked about the reasons behind the surge, an analyst with a brokerage firm said: “We see this as purely speculative, probably in the context of a possible Indo-US trade deal news. The company has neither disclosed any time-bound business plans nor are there any major developments that could influence scrip movement.’‘
The global Microcrystalline Cellulose (MCC) market, in which the company is operating, has witnessed significant growth in recent years, reflecting rising demand across key application sectors, as per industry estimates.
The company’s annual general meeting is scheduled to be held on September 23, 2025.
Published on September 12, 2025