Sigachi Industries Surges 40% in Two Sessions Amid Mixed Developments

1 min read     Updated on 12 Sept 2025, 01:38 PM
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Radhika SahaniScanX News Team
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Overview

Sigachi Industries' stock rallied 15% to ₹43.24, marking a 40% gain over two trading sessions. This surge occurred despite recent challenges, including a tragic incident at its Hyderabad facility. The company declared a 10% dividend of ₹0.10 per share. Q1 results showed a 34% revenue increase to ₹128.20 crore, but a net loss of ₹101.00 crore. A dust explosion at the Hyderabad facility resulted in 46 fatalities and an estimated ₹60.00 crore revenue loss. Despite the recent rally, the stock remains down 15% year-to-date.

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*this image is generated using AI for illustrative purposes only.

Shares of Sigachi Industries experienced a significant rally, jumping 15% to ₹43.24 and marking a remarkable 40% gain over two trading sessions. This surge comes despite recent challenges faced by the company, including a tragic incident at its Hyderabad facility.

Market Performance and Dividend Announcement

The stock's impressive performance was driven by several factors:

  • Optimism surrounding potential US-India trade deals
  • High trading volumes, with 14 crore shares changing hands
  • An upcoming dividend record date set for September 16

Sigachi Industries has declared a 10% dividend of ₹0.10 per share, amounting to a total payout of ₹3.82 crore. This announcement likely contributed to the increased investor interest in the stock.

Financial Results: Growth and Challenges

The company's recent quarterly results paint a mixed picture:

Metric Current Quarter Previous Year Quarter Change
Revenue ₹128.20 crore ₹95.70 crore +34%
Net Profit -₹101.00 crore ₹12.80 crore N/A

While Sigachi Industries saw a substantial 34% increase in revenue, reaching ₹128.20 crore, it reported a significant net loss of ₹101.00 crore. This stands in stark contrast to the ₹12.80 crore profit recorded in the same quarter of the previous year.

Operational Setback

The company faced a major setback due to a dust explosion at its Hyderabad facility. This tragic incident resulted in 46 fatalities and led to a temporary suspension of operations. The estimated revenue loss from this event is approximately ₹60.00 crore, which has undoubtedly impacted the company's financial performance.

Stock Performance Overview

Despite the recent surge, Sigachi Industries' stock remains down 15% year-to-date, reflecting the challenges the company has faced. The recent rally, however, suggests that investors may be looking beyond the short-term setbacks and focusing on potential future growth opportunities.

As the company navigates through these challenging times, investors and market watchers will be keen to see how Sigachi Industries addresses the aftermath of the Hyderabad incident and works towards recovering its operational and financial stability.

Historical Stock Returns for Sigachi Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+13.71%+36.27%+36.53%+13.14%-22.59%-28.37%
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Sigachi Industries Sets September 16, 2025 as Record Date for Dividend

1 min read     Updated on 04 Sept 2025, 01:44 PM
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Reviewed by
Riya DeyScanX News Team
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Overview

Sigachi Industries Limited has announced September 16, 2025, as the record date for dividend distribution for the financial year ended March 31, 2025. The announcement was made to BSE and NSE exchanges by the Company Secretary & Compliance Officer, Vivek Kumar, in line with SEBI regulations. Shareholders owning company shares at the close of business on the record date will be eligible for the dividend. The dividend amount is yet to be specified.

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*this image is generated using AI for illustrative purposes only.

Sigachi Industries Limited has announced the record date for its dividend distribution for the financial year ended March 31, 2025. The company has set September 16, 2025, as the crucial date for determining shareholder eligibility for the upcoming dividend payout.

Key Details

  • Record Date: September 16, 2025
  • Financial Year: Ended March 31, 2025

Official Communication

The decision was officially communicated to both the BSE and NSE exchanges by Vivek Kumar, the Company Secretary & Compliance Officer of Sigachi Industries Limited. This announcement aligns with the regulatory requirements under Regulation 42 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Importance for Shareholders

The record date is a critical milestone for shareholders, as it determines who will be eligible to receive the dividend. Investors who own Sigachi Industries shares at the close of business on September 16, 2025, will be entitled to the dividend for the financial year 2024-2025.

Regulatory Compliance

By fixing the record date and promptly informing the stock exchanges, Sigachi Industries demonstrates its commitment to transparency and adherence to regulatory standards. This timely disclosure allows investors to make informed decisions regarding their shareholdings in the company.

While the exact amount of the dividend has not been specified in the current announcement, shareholders and potential investors should keep an eye out for further communications from the company regarding the dividend quantum and payment date.

Sigachi Industries' proactive approach in setting and announcing the record date well in advance provides clarity to the market and helps maintain an orderly process for dividend distribution.

Historical Stock Returns for Sigachi Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+13.71%+36.27%+36.53%+13.14%-22.59%-28.37%
Sigachi Industries
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