Is Sigachi Industries a good buy?

Is Sigachi Industries a good buy?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Sigachi Industries Ltd is a good quality company.

Is Sigachi a good buy for long term?

Vishal Balabhadruni, BFSI Analyst at CapitalVia Global Research, said Sigachi Industries seemed to be a good long-term investment and can be held by investors. Short-term investors should book listing gains, while long-term investors should wait for corrections, he added.

What is the target of Sigachi?

Sigachi Share Price Target They are expected to hold Sigachi Industries shares with a monthly target of 888 rupees and a stop loss of 530 rupees per share.

Is Sigachi Industries Debt Free?

Yes, the company has a debt-to-equity ratio of 0.24 as of June 2021, and an interest coverage ratio of 31.8 for FY21.

Is Sigachi IPO oversubscribed?

Sigachi Industries IPO over-subscribed by 23 times – The Hindu BusinessLine.

What is the market share of Nykaa in India?

Nykaa currently has a 28.6 percent market share in the Indian online beauty and personal care market, as per ICICI Securities estimates.

Is PolicyBazaar listed?

PolicyBazaar Share Price: The initial public offering (IPO) price was fixed at Rs 940 to Rs 980 per equity share. The share allotment was done on November 10. New Delhi: Shares of PB Fintech Limited, that runs PolicyBazaar, were today listed at share market.

Who invested in Sigachi?

Two anchor investors that invested in the company are 3 Sigma Global Fund and Nexus Global Opportunities Fund. Sigachi Industries is planning to mop up Rs 125.43 crore at upper end of price band of Rs 161-163 per share.

How is Sigachi IPO?

Sigachi Industries has made a stellar debut on the exchanges, delivering a massive 270% listing gain to the investors in IPO. The ₹125.43 crore IPO was subscribed 101.91 times with the price band in the range pf ₹161-163.

How many shares does Sigachi IPO have?

The IPO of the Hyderabad-based manufacturer of cellulose-based excipients, consisted of a fresh issue of 7.70 million shares up from earlier planned of up to 2.84 million shares.

Should I buy Nykaa shares?

Nykaa Stock: FSN E-Commerce Ventures (Nykaa) has been given a ‘buy’ rating and a base target of Rs 1,650, suggesting limited single-digit upside ahead for the stock by Jefferies. The foreign brokerage sees the stock at Rs 900 in its worst-case scenario and at Rs 2,300 in the most bullish outcome.

Is Nykaa making profit?

E-commerce company Nykaa saw its profit in the December quarter (Q3) drop 59 per cent to Rs 28 crore compared to the year-ago period even as revenue rose 36 per cent to Rs 1,098 crore.

What is the future of Nykaa share?

Nykaa stock coverage has been initiated by Jefferies with a target price of Rs 1,650 per share, an upside of 10% from today’s lows. However, a bullish scenario could see the stock rally to Rs 2,300 apiece. Under this scenario, analysts have built a 30% CAGR order growth for Nykaa BPC over FY22-26E.