Sigachi Industries Sees Surge in Trading Activity Amid High Market Volatility

Sigachi Industries Ltd, a small-cap player in the Pharmaceuticals & Biotechnology sector, has emerged as one of the most active equities today, with a total traded volume of 14,693,576 shares and a total traded value of approximately Rs 61.40 crore. The stock opened at Rs 42.79 and reached a day's high of Rs 42.80, while it also touched an intraday low of Rs 40.86, reflecting a decline of 4.69% during the trading session.
Currently, the last traded price (LTP) stands at Rs 41.96, marking a performance that underperformed the sector by 1.5%. Over the past day, the stock has shown a slight decline of 1.91%, while the sector and Sensex reported returns of -0.53% and -0.08%, respectively.

Notably, the stock has been gaining for the last day, with returns of -2.15% in this period. The trading activity indicates high volatility, with an intraday volatility of 8.09%. Additionally, the delivery volume on September 12 surged by 623.57% compared to the five-day average, suggesting rising investor participation.

In terms of moving averages, the stock is currently above its 5-day, 20-day, and 50-day moving averages but below the 100-day and 200-day averages. Overall, Sigachi Industries continues to exhibit significant trading activity and volatility in the market.