Shares of Sigachi Industries plunged 14.8% to Rs 47 on Monday after a massive explosion and fire at its pharmaceutical plant in Telangana’s Pashamylaram industrial area. A chemical reactor blast led to at least 10 deaths and over 20 injuries, collapsing one building and sparking investor fears about operational disruptions and regulatory consequences amid the unfolding tragedy.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets