Sigachi Industries Share Price Rises Amid Market Turmoil: Project Boosts Investor Sentiment

Market Performance

On Friday, June 13, equity markets experienced sharp volatility as the Sensex plummeted over 1,300 points during early trading. In contrast, Sigachi Industries' share price defied the broader market trend, registering a modest gain.

• Opening Price: ₹56.50
• Previous Close: ₹57.44
• Intraday High: ₹58.44
• Intraday Gain: +1.74%

This movement stood out as broader market faced downward pressure.

Main News

The rise in Sigachi Industries' share price comes after a strategic development for its upcoming facility in Andhra Pradesh.

• The company received the Terms of Reference from the State Environment Impact Assessment Authority, Andhra Pradesh.
• The approval pertains to its bulk drugs, drug intermediates, and specialty chemicals facility located in Orvakal, Kurnool district.
• With the Terms of Reference (ToR) in hand, the environmental clearance (EC) process is scheduled to begin on July 15, 2025.
• Project development activities are set to commence on August 1, 2025.

Company Details

Sigachi Industries, a small-cap pharmaceutical company, focuses on the manufacturing of pharmaceutical excipients, active ingredients (APIs), and specialty chemicals.

The upcoming facility is expected to:

• Expand API manufacturing capacity.
• Support growth in regulated and semi-regulated markets
• Enhance the company's global reach and export potential.
• Align with India's 'Make in India' initiative through sustainable, world-class infrastructure.

Strategic Significance

According to the company, the Orvakal project is a key pillar in Sigachi's plan to establish a vertically integrated pharmaceutical manufacturing system.

The company is strategically building capacity closer to global markets and regulatory zones, which may help:

• Enable faster commercialisation
• Support tech transfers
• Improve supply chain responsiveness.

Sigachi Industries Share Price Trend

While the stock has gained traction recently, its performance over the last 12 months presents a mixed picture.

• 52-Week High: ₹69.75 (August 1, 2024)
• 52-Week Low: ₹34.51 (February 17, 2025)
• YTD Performance: +14%
• June 2025 (MTD) Performance: +9%

Despite the overall market weakness, Sigachi has shown resilience since April 2025, remaining in the green for consecutive months.

Summary of the Article

The share price of Sigachi Industries rose nearly 2% on June 13, even as broader indices like the Sensex plunged. The upward momentum was triggered by the company receiving environmental clearance-related approvals for a significant project in Andhra Pradesh. With project work set to start by August 2025.

The company's long-term vision to scale API production and strengthen its global supply chain is reflected in its 14% YTD stock growth despite facing a broader market correction over the past year.