Sigachi Industries Ltd. Stock Analysis SIGACHI.NS

Sigachi Industries Ltd. engages in the manufacture and sale of microcrystalline cellulose. The company is headquartered in Hyderabad, Telangana and currently employs 1,095 full-time employees. The company went IPO on 2021-11-15. The firm is a manufacturer of microcrystalline cellulose (MCC) and cellulose-based excipients. The company offers vitamin mineral nutrient blends, active pharmaceutical ingredients (APIs), and operations and maintenance (O&M) services. The company delivers solutions such as HiCel and AceCel across various industries, including pharmaceutical, food and nutraceutical, chemical, and cosmetic. In the pharmaceutical industry, its products have applications in API, pre-formulated excipients, thickeners/ stabilizers, binders, super disintegrants, carriers, lubricants and nutraceutical formulations. In the food and nutraceutical industry, its products have applications in nutrition, ready-to-use additives, stabilizers and dietary fiber. In the cosmetic industry, its products have applications in skin care, hair care and toiletry. In the chemical industry, its cellulose products are used in electrodes and as filter aid.