{"id":82161,"date":"2023-01-09T14:40:00","date_gmt":"2023-01-09T09:10:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=82161"},"modified":"2023-01-09T15:37:51","modified_gmt":"2023-01-09T10:07:51","slug":"small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/","title":{"rendered":"Small cap stock delivers 30% return in 3 days as company plans to raise funds"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3377238192\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of Sigachi Industries appreciated to the tune of 30% in the past three days after it informed the exchanges that its board will hold a meeting on Tuesday, 10th January 2023 at 11:00 am to consider raising funds by issuing equity or convertible warrants on a preferential basis, subject to necessary approvals. Its shares reached a high of \u20b9 359.50 apiece on Monday.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1650302797\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Sigachi Industries is an established manufacturer of pharma excipients, nutra and food ingredients. Establishes in the year 1989, it is one of the largest manufacturers of Microcrystalline Cellulose worldwide. It has three manufacturing units in Jhagadia, Dahej and Hyderabad, located in&nbsp;<\/p><p>It made a stellar debut on the bourses in November 2021. The company\u2019s shares got listed at \u20b9 575 space on the Bombay Stock Exchange (BSE)against an issue price of \u20b9 163 per share, indicating a premium of 253%. It opened 250% higher on the National Stock Exchange (NSE) at \u20b9 570 apiece.&nbsp;<\/p><p>The company has a market capitalization of \u20b9 1,010 crores and is a small-cap company. It has an ideal return on equity of 24.87% and an ideal debt-to-equity ratio of 0.27. Its shares are trading at a price-to-earnings ratio of 15.07, which is significantly lower than the industry average of 30.07. This indicates that the stocks might be undervalued as compared to its peers.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3220480191\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong>Written by Simran Bafna\u00a0<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3954380955\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of Sigachi Industries appreciated to the tune of 30% in the past three days after it informed the exchanges that its board will hold a meeting on Tuesday, 10th January 2023 at 11:00 am to consider raising funds by issuing equity or convertible warrants on a preferential basis, subject to necessary approvals. Its [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":69897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31],"tags":[],"class_list":["post-82161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small cap stock delivers 30% return in 3 days as company plans to raise funds - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of Sigachi Industries appreciated to the tune of 30% in the past three days after it informed the exchanges that its board will hold a meeting on Tuesday, 10th January 2023 at 11:00 am to consider raising funds by issuing equity or convertible warrants on a preferential basis, subject to necessary approvals. Its shares reached a high of \u20b9 359.50 apiece on Monday.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Small cap stock delivers 30% return in 3 days as company plans to raise funds\" \/>\n<meta property=\"og:description\" content=\"The shares of Sigachi Industries appreciated to the tune of 30% in the past three days after it informed the exchanges that its board will hold a meeting on Tuesday, 10th January 2023 at 11:00 am to consider raising funds by issuing equity or convertible warrants on a preferential basis, subject to necessary approvals. Its shares reached a high of \u20b9 359.50 apiece on Monday.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-09T09:10:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-09T10:07:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1215-Cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1215-Cover-image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/\",\"url\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/\",\"name\":\"Small cap stock delivers 30% return in 3 days as company plans to raise funds - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1215-Cover-image.jpg\",\"datePublished\":\"2023-01-09T09:10:00+00:00\",\"dateModified\":\"2023-01-09T10:07:51+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The shares of Sigachi Industries appreciated to the tune of 30% in the past three days after it informed the exchanges that its board will hold a meeting on Tuesday, 10th January 2023 at 11:00 am to consider raising funds by issuing equity or convertible warrants on a preferential basis, subject to necessary approvals. Its shares reached a high of \u20b9 359.50 apiece on Monday.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1215-Cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1215-Cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Small cap stock delivers 30% return in 3 days as company plans to raise funds\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Small cap stock delivers 30% return in 3 days as company plans to raise funds - Trade Brains Features","description":"The shares of Sigachi Industries appreciated to the tune of 30% in the past three days after it informed the exchanges that its board will hold a meeting on Tuesday, 10th January 2023 at 11:00 am to consider raising funds by issuing equity or convertible warrants on a preferential basis, subject to necessary approvals. Its shares reached a high of \u20b9 359.50 apiece on Monday.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/","og_locale":"en_US","og_type":"article","og_title":"Small cap stock delivers 30% return in 3 days as company plans to raise funds","og_description":"The shares of Sigachi Industries appreciated to the tune of 30% in the past three days after it informed the exchanges that its board will hold a meeting on Tuesday, 10th January 2023 at 11:00 am to consider raising funds by issuing equity or convertible warrants on a preferential basis, subject to necessary approvals. Its shares reached a high of \u20b9 359.50 apiece on Monday.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-01-09T09:10:00+00:00","article_modified_time":"2023-01-09T10:07:51+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1215-Cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_image":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1215-Cover-image.jpg","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/","url":"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/","name":"Small cap stock delivers 30% return in 3 days as company plans to raise funds - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1215-Cover-image.jpg","datePublished":"2023-01-09T09:10:00+00:00","dateModified":"2023-01-09T10:07:51+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The shares of Sigachi Industries appreciated to the tune of 30% in the past three days after it informed the exchanges that its board will hold a meeting on Tuesday, 10th January 2023 at 11:00 am to consider raising funds by issuing equity or convertible warrants on a preferential basis, subject to necessary approvals. Its shares reached a high of \u20b9 359.50 apiece on Monday.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1215-Cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1215-Cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-delivers-30-return-in-3-days-as-company-plans-to-raise-funds\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Small cap stock delivers 30% return in 3 days as company plans to raise funds"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/82161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=82161"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/82161\/revisions"}],"predecessor-version":[{"id":82165,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/82161\/revisions\/82165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/69897"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=82161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=82161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=82161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}