Sigachi Industries share price slumps 12% on reports of blast at Telangana plant
Sigachi Industries share price slumped 12% on Monday after reports of a blast at its plant in Telangana. Sigachi Industries shares declined as much as 12.3% to ₹ 48.39 apiece on the BSE.
A reactor blast took place at Sigachi Pharma Company, Pasamailaram Phase 1, Medak, news agency ANI reported.
Eleven fire tenders have reached the site, and nearly 15-20 people were injured, the report added, quoting Telangana fire officials.
At 12:00 PM, Sigachi Industries share price was trading 11.27% lower at ₹ 48.96 apiece on the BSE.
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