Sigachi Industries remains locked in upper circuit after stellar debut. Here’s what experts say

Shares of Sigachi Industries continue to remain locked at the upper circuit on the stock market for the second consecutive day following a bumper listing. Here is all you need to know.

Shares of Sigachi Industries remained locked in the upper circuit of 5 per cent on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Tuesday after making a stellar debut yesterday.

It may be noted that it was one of the biggest ever listings in the history of Indian stock markets as it opened with a premium of over 250 per cent at Rs 575 compared to its issue price of Rs 163 per share.