Sigma Advanced Systems Stock Drops 5% Amid Profit Booking Concerns
1 report, 1 independent
Updated Oct 13
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What happened
Sigma Advanced Systems, an Indian aerospace and defence engineering company, saw its stock drop 5% on October 13, hitting its lower circuit. This marks the sixth consecutive session the stock has hit the lower circuit, resulting in a loss of nearly 19% over the last six sessions.
From livemint.com
Why it matters
The company designs and manufactures mission-critical systems across aerospace, avionics, and naval systems. While the stock has experienced a recent correction, its returns over the last one, two, five, and ten years have been reported as stellar.
From livemint.com
Who's involved
- Ravi SinghAmerican politician and businessman
- NepalGeopolitical state in South Asia
- TorontoCapital and largest city of Ontario, Canada
- WiproIndian information technology services corporation
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The entities involved
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Ravi Singh
American politician and businessman
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