Sigachi Industries Ltd to expand business line into Human Nutritional Segment

Sigachi Industries Ltd is widening its horizon by venturing into human nutritional segment. The company will be exploring the nutritional markets in India and across 45 counties, where it currently exports. The product portfolio will widely incorporate micronutrient premixes, encapsulated ingredients, granulated ingredients, and triturates. With these ingredients, Sigachi is looking to deepen its relationship with its current customers in Nutraceuticals, Bakery, Dairy, Infant and Medical Nutrition, Confectionery, Savoury and Snacks, and Beverages sectors. The markets can be broken down into various application segments namely Dietary Supplements, Functional Nutrient, Early life Nutrition, and Packaged food & beverages.

Shares of Sigachi Industries Ltd was last trading in BSE at Rs. 276.00 as compared to the previous close of Rs. 271.15. The total number of shares traded during the day was 17553 in over 1236 trades.

The stock hit an intraday high of Rs. 289.00 and intraday low of 273.70. The net turnover during the day was Rs. 4861772.00.

Source : Equity Bulls

Keywords

SigachiIndustries HumanNutritionalSegment Expansion