Sigachi Industries shares plunge 15% after explosion at Telangana plant

Shares of Sigachi Industries plunged 14.8% to Rs 47 on Monday after a massive explosion and fire at its pharmaceutical plant in Telanganas Pashamylaram industrial area. A chemical reactor blast led to at least 8 deaths and over 20 injuries, collapsing one building and sparking investor fears about operational disruptions and regulatory consequences amid the unfolding tragedy. | Source: The Economic Times
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