Stock Under Rs 100: Shares of this pharma company rebound even as market remains volatile, here’s why

A day after plunging around 7 per cent, Shares of pharma company Sigachi Industries Ltd., India’s largest producer of Microcrystalline Cellulose (MCC), rebounded on Wednesday, June 18, 2025, even as the market remained volatile as investors turned cautious amid tensions in the Middle East. The counter opened in the red with a slight loss at Rs 54.75 against the previous close of Rs 54.82 on the BSE. The stock gained to touch the intraday high of Rs 56.15. On the NSE, the stock started trading at Rs 54.68 and touched a high of Rs 56.22. The stock of Sigachi Industries had tanked 6.88 per cent in the last trading session.