Sigache industries out performed everyone on the block as it hit dalal street with a massive listing gain of 252 point seven %. If you allotted sigachi shares during the ipo, you could have more than tripled your investment. The company was priced at just 15 times the earnings it made during the financial year 20 21. It also didn't hurt that there aren't any m c c manufacturers that are listed on the indian stock markets.
In what was the biggest week for Indian startups in over a decade, one company, in particular, made a bang — Sigachi Industries. And in today’s episode for 20th November 2021, we see why investors are raving about the company.