Sigachi jumps 42% in 2 days, analyst warns of FOMO traps
Sigachi shares soared 42% in two sessions on heavy intraday volumes, but SEBI-registered analyst Sumesh Guleria flagged red flags-promoter stake sales, a fire-hit Hyderabad plant, and delivery ratios dropping to 10-12% despite record trades. He cautioned retail traders against chasing FOMO-driven rallies, noting technical resistance and cooling momentum. Retail sentiment stayed bullish.