{"id":225666,"date":"2026-09-01T12:25:01","date_gmt":"2026-09-01T06:55:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=225666"},"modified":"2026-09-01T12:25:01","modified_gmt":"2026-09-01T06:55:01","slug":"why-shigan-quantum-technologies-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/","title":{"rendered":"Shigan Quantum Technologies (SHIGAN-SM) Share Price Falls 8.39% to Rs 71"},"content":{"rendered":"<p style=\"margin-top:0!important;\">Shigan Quantum Technologies Share Price fell to Rs 71 on 01 September 2026, down 8.39% for the day, taking the company\u2019s market capitalisation to Rs 144.32 crore. The Micro Cap stock opened at Rs 71 and remained at Rs 71 through the captured session range, against a previous close of Rs 77.5.<\/p>\n<p>The move stands out because the percentage decline was sharp even though the recorded intraday range was flat. The supplied data confirms turnover of Rs 0.01 crore, but it does not identify a company-specific reason for the decline. In such cases, the most useful approach is to review the verified numbers: price action, valuation, profitability and industry positioning.<\/p>\n<p>This article examines exactly that, using only the supplied market and sector data for Shigan Quantum Technologies and the listed Auto Ancillary benchmark.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#Shigan_Quantum_Technologies_SHIGAN-SM_Share_Price_Today_Price_Action_Analysis\" title=\"Shigan Quantum Technologies (SHIGAN-SM) Share Price Today: Price Action Analysis\">Shigan Quantum Technologies (SHIGAN-SM) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#Shigan_Quantum_Technologies_SHIGAN-SM_Fundamental_Analysis\" title=\"Shigan Quantum Technologies (SHIGAN-SM) Fundamental Analysis\">Shigan Quantum Technologies (SHIGAN-SM) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#Why_Investors_Are_Watching_Shigan_Quantum_Technologies\" title=\"Why Investors Are Watching Shigan Quantum Technologies\">Why Investors Are Watching Shigan Quantum Technologies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#About_Shigan_Quantum_Technologies\" title=\"About Shigan Quantum Technologies\">About Shigan Quantum Technologies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#Track_Shigan_Quantum_Technologies_Share_Price_on_Univest\" title=\"Track Shigan Quantum Technologies Share Price on Univest\">Track Shigan Quantum Technologies Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#Why_did_Shigan_Quantum_Technologies_Share_Price_fall_today\" title=\"Why did Shigan Quantum Technologies Share Price fall today?\">Why did Shigan Quantum Technologies Share Price fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#What_is_Shigan_Quantum_Technologies_Share_Price_Today\" title=\"What is Shigan Quantum Technologies Share Price Today?\">What is Shigan Quantum Technologies Share Price Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#How_much_market_capitalisation_does_Shigan_Quantum_Technologies_have\" title=\"How much market capitalisation does Shigan Quantum Technologies have?\">How much market capitalisation does Shigan Quantum Technologies have?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#Is_Shigan_Quantum_Technologies_expensive_on_valuation_metrics\" title=\"Is Shigan Quantum Technologies expensive on valuation metrics?\">Is Shigan Quantum Technologies expensive on valuation metrics?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#What_do_the_profitability_ratios_show_for_the_company\" title=\"What do the profitability ratios show for the company?\">What do the profitability ratios show for the company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-shigan-quantum-technologies-share-price-fall-today-2026\/#How_does_the_company_compare_with_larger_Auto_Ancillary_peers\" title=\"How does the company compare with larger Auto Ancillary peers?\">How does the company compare with larger Auto Ancillary peers?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Shigan_Quantum_Technologies_SHIGAN-SM_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Shigan Quantum Technologies (SHIGAN-SM) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 71<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 77.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 6.50 (-8.39%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 71<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 71<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 71<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 0.01 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 144.32 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Micro Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Shigan Quantum Technologies Share Price Today shows a direct reset from the previous close of Rs 77.5 to Rs 71, a day change of Rs 6.5. Since the open, high and low were all recorded at Rs 71 in the supplied snapshot, the available data suggests no additional intraday swing around that level.<\/p>\n<p>That pattern matters. A flat captured range does not make the decline insignificant; it simply means the price event was already reflected in the quoted level. For a Micro Cap company with market capitalisation of Rs 144.32 crore, even a narrow trading range can translate into a large percentage move from the prior close.<\/p>\n<p>Turnover was Rs 0.01 crore. The number is modest, so readers should avoid over-interpreting trading value from a single snapshot. Still, the fall was large enough to put the stock under active watch.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shigan_Quantum_Technologies_SHIGAN-SM_Fundamental_Analysis\"><\/span><strong>Shigan Quantum Technologies (SHIGAN-SM) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 144.32 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">23.34x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.59x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.98%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.91%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 3.32<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 48.83<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Shigan Quantum Technologies Fundamental Analysis shows a company trading at 23.34 times earnings and 1.59 times book value. On the supplied numbers alone, those multiples do not indicate an extreme premium.<\/p>\n<p>EPS stands at Rs 3.32 and book value at Rs 48.83 per share. These figures offer a basic reference for earnings support and accounting net worth behind the stock price. Dividend yield is 0%, so the available data does not indicate a current cash-yield component.<\/p>\n<p>Profitability is positive, with ROE at 10.98% and ROCE at 13.91%. That means the business is generating returns on shareholder funds and capital employed, although later comparison with the industry benchmark shows these profitability ratios are below the broader sector medians.<\/p>\n<p>For anyone tracking Shigan Quantum Technologies Share Price after today\u2019s decline, the main fundamental takeaway is fairly balanced: the company is profitable and not priced at a conspicuously high multiple versus the supplied benchmark, but its returns are not especially strong within the industry set.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Automobile &amp; Ancillaries<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Auto Ancillary<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">23.34x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">23.96x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">60.71x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">4.62x to 2,139.74x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.59x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.75x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">4.73x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.98%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.48%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.75%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.91%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.27%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.96%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 144.32 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,068.55 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 8,600.7 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The company belongs to the Automobile &amp; Ancillaries sector and the Auto Ancillary industry. The supplied benchmark covers 112 companies from the same industry, which gives useful context for valuation and profitability.<\/p>\n<p>Its P\/E of 23.34 is slightly below the median industry P\/E of 23.96 and far below the average of 60.71. Because the benchmark range runs from 4.62 to 2,139.74, the average is influenced by very high outliers. Relative to that set, Shigan sits closer to the middle on earnings valuation.<\/p>\n<p>The P\/B ratio of 1.59 is below the benchmark median of 2.75 and below the average of 4.73. That suggests the stock is valued more conservatively on book value than many listed peers in the same industry.<\/p>\n<p>Profitability is where the comparison softens. ROE of 10.98% is below the median of 13.48% and also below the average of 12.75%. ROCE of 13.91% is below the median of 15.27% and the average of 15.96%. So while valuation appears moderate, returns trail the broader peer set.<\/p>\n<p>Size is another important distinction. With market capitalisation of Rs 144.32 crore, the company is well below the industry median of Rs 1,068.55 crore and far below the average of Rs 8,600.7 crore. That makes it a relatively small player within its benchmark universe.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/motherson\/samvardhana-motherson-international-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Samvardhana Motherson International<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">MOTHERSON<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,74,464.94<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">40.11<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.19<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.77<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">13.63<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/boschltd\/bosch-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Bosch<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">BOSCHLTD<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,43,413.87<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">61.1<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.28<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.33<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">25.6<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/unominda\/uno-minda-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>UNO Minda<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">UNOMINDA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">73,658.83<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">61.36<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.4<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.54<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.74<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/tiindia\/tube-investments-of-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Tube Investments of India<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">TIINDIA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">55,051.97<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">88.64<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.71<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.86<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">27.33<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/sonacoms\/sona-blw-precision-forgings-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Sona BLW Precision Forgings<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SONACOMS<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">50,772.22<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">72.78<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.06<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.75<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Against major listed peers, Shigan is far smaller and trades at lower valuation multiples than the supplied comparison group.<\/p>\n<p>Its P\/E of 23.34 is below Motherson at 40.11, Bosch at 61.1, UNO Minda at 61.36, Tube Investments of India at 88.64 and Sona BLW Precision Forgings at 72.78. On P\/B, its 1.59 also sits below Motherson\u2019s 4.19, Bosch\u2019s 9.28, UNO Minda\u2019s 10.4, Tube Investments\u2019 6.71 and Sona BLW\u2019s 8.3.<\/p>\n<p>Profitability is more mixed. ROE of 10.98% is marginally above Motherson\u2019s 10.77% but below Bosch, UNO Minda, Tube Investments and Sona BLW. ROCE of 13.91% is slightly above Motherson\u2019s 13.63% but below the rest of the supplied peers.<\/p>\n<p>The size gap is the clearest contrast. Shigan\u2019s market cap is Rs 144.32 crore, versus Rs 1,74,464.94 crore for Motherson, Rs 1,43,413.87 crore for Bosch, Rs 73,658.83 crore for UNO Minda, Rs 55,051.97 crore for Tube Investments and Rs 50,772.22 crore for Sona BLW. So the stock sits in a very different scale bracket from these established names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Shigan_Quantum_Technologies\"><\/span><strong>Why Investors Are Watching Shigan Quantum Technologies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The stock fell 8.39% in one session from Rs 77.5 to Rs 71.<\/li>\n<li>The captured intraday range was flat at Rs 71, making the previous close comparison the key feature of the move.<\/li>\n<li>Valuation metrics of 23.34x P\/E and 1.59x P\/B are below several large listed peers.<\/li>\n<li>Profitability remains positive, with ROE at 10.98% and ROCE at 13.91%.<\/li>\n<li>Industry benchmarks show moderate valuation but below-median profitability and much smaller scale.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Shigan_Quantum_Technologies\"><\/span><strong>About Shigan Quantum Technologies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shigan Quantum Technologies is classified within the Automobile &amp; Ancillaries sector and the Auto Ancillary industry. Based on the supplied data, it is a micro-cap company operating within a much larger listed industry universe, which is why benchmark and peer comparisons are especially relevant after a sharp daily decline.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Shigan_Quantum_Technologies_Share_Price_on_Univest\"><\/span><strong>Track Shigan Quantum Technologies Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use&nbsp;<a href=\"https:\/\/univest.in\/stocks\/shigan\/shigan-quantum-technologies-ltd-share-price-today\">Shigan Quantum Technologies (SHIGAN-SM) live share-price page<\/a>,<a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>,<a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a>to review live stock data, top decliners and related market analysis.<\/p>\n<p>On Univest, readers can follow Shigan Quantum Technologies Share Price alongside valuation ratios, profitability metrics and sector comparisons in one place. That context can help separate a one-day price move from the broader fundamental picture.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Shigan_Quantum_Technologies_Share_Price_fall_today\"><\/span><strong>Why did Shigan Quantum Technologies Share Price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The stock moved from the previous close of Rs 77.5 to Rs 71, a decline of 8.39%. The supplied data confirms the fall, but it does not provide a company-specific catalyst.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Shigan_Quantum_Technologies_Share_Price_Today\"><\/span><strong>What is Shigan Quantum Technologies Share Price Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The supplied market snapshot shows the stock at Rs 71. The open, high and low were also recorded at Rs 71. The previous close was Rs 77.5. The stock moved 8.39% lower during the session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_market_capitalisation_does_Shigan_Quantum_Technologies_have\"><\/span><strong>How much market capitalisation does Shigan Quantum Technologies have?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The company\u2019s market capitalisation is Rs 144.32 crore in the supplied data, placing it in the Micro Cap category. The company operates in the Automobile &amp; Ancillaries sector. Its P\/E ratio is 23.34x.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Shigan_Quantum_Technologies_expensive_on_valuation_metrics\"><\/span><strong>Is Shigan Quantum Technologies expensive on valuation metrics?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;It trades at a P\/E of 23.34 and a P\/B of 1.59. Its P\/E is slightly below the same-industry median of 23.96, while its P\/B is below the median of 2.75.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_the_profitability_ratios_show_for_the_company\"><\/span><strong>What do the profitability ratios show for the company?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;ROE stands at 10.98% and ROCE at 13.91%. Both are positive, though they are below the supplied industry medians. ROE stands at 10.98%. ROCE stands at 13.91%. The relevant peer median ROE is 13.48%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_the_company_compare_with_larger_Auto_Ancillary_peers\"><\/span><strong>How does the company compare with larger Auto Ancillary peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;It is much smaller than Motherson, Bosch, UNO Minda, Tube Investments and Sona BLW. Its valuation multiples are lower than those peers, while profitability is positive but generally lower than most of them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shigan Quantum Technologies Share Price falls to Rs 71. marking a 8.39% fall today. Market cap stands at Rs 144.32 crore.<\/p>\n","protected":false},"author":29,"featured_media":225665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-225666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["225665"],"rank_math_title":["Shigan Quantum Technologies Share Price Today After Decline"],"rank_math_description":["Shigan Quantum Technologies Share Price fell 8.39% to Rs 71. Review price action, valuation, profitability, sector benchmarks and peer analysis."],"rank_math_focus_keyword":["Shigan Quantum Technologies Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Shigan_Quantum_Technologies_SHIGAN_SM_Share_Price_Falls_839_to_Rs_71_bearish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/225666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=225666"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/225666\/revisions"}],"predecessor-version":[{"id":225667,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/225666\/revisions\/225667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/225665"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=225666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=225666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=225666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}