04 Feb 2026 | 5 Mins Read
Sigachi Industries shares surge 20% after CEO granted bail
Flipitmoney
Sigachi Industries shares rallied 20% to Rs 24.78 after its MD and CEO Amit Raj Sinha received bail from the Telangana High Court in connection with a factory explosion that killed around 40 people last year. The company's shares extended gains for the fourth consecutive session, up from a 52-week low of Rs 18.92. Its market capitalization is over Rs 900 crore.