Shigan Quantum Technologies (SHIGAN-SM) Share Price Falls 8.39% to Rs 71

Shigan Quantum Technologies Share Price fell to Rs 71 on 01 September 2026, down 8.39% for the day, taking the company’s 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.

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.

This article examines exactly that, using only the supplied market and sector data for Shigan Quantum Technologies and the listed Auto Ancillary benchmark.

Shigan Quantum Technologies (SHIGAN-SM) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 71
Previous Close	Rs 77.5
Today's Move	-Rs 6.50 (-8.39%)
Open	Rs 71
High	Rs 71
Low	Rs 71
Turnover	Rs 0.01 crore
Market Capitalisation	Rs 144.32 crore
Market Cap Category	Micro Cap

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.

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.

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.

Shigan Quantum Technologies (SHIGAN-SM) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 144.32 crore
P/E Ratio	23.34x
P/B Ratio	1.59x
ROE	10.98%
ROCE	13.91%
EPS	Rs 3.32
Book Value Per Share	Rs 48.83
Dividend Yield	0%

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.

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.

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.

For anyone tracking Shigan Quantum Technologies Share Price after today’s 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.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Auto Ancillary
Benchmark Scope	same industry
Company P/E Ratio	23.34x
Benchmark Median P/E	23.96x
Benchmark Average P/E	60.71x
Benchmark P/E Range	4.62x to 2,139.74x
Company P/B Ratio	1.59x
Benchmark Median P/B	2.75x
Benchmark Average P/B	4.73x
Company ROE	10.98%
Benchmark Median ROE	13.48%
Benchmark Average ROE	12.75%
Company ROCE	13.91%
Benchmark Median ROCE	15.27%
Benchmark Average ROCE	15.96%
Company Market Capitalisation	Rs 144.32 crore
Benchmark Median Market Cap	Rs 1,068.55 crore
Benchmark Average Market Cap	Rs 8,600.7 crore

The company belongs to the Automobile & 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.

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.

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.

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.

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.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Samvardhana Motherson International	MOTHERSON	1,74,464.94	40.11	4.19	10.77	13.63
Bosch	BOSCHLTD	1,43,413.87	61.1	9.28	19.33	25.6
UNO Minda	UNOMINDA	73,658.83	61.36	10.4	20.54	20.74
Tube Investments of India	TIINDIA	55,051.97	88.64	6.71	16.86	27.33
Sona BLW Precision Forgings	SONACOMS	50,772.22	72.78	8.3	11.06	14.75

Against major listed peers, Shigan is far smaller and trades at lower valuation multiples than the supplied comparison group.

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’s 4.19, Bosch’s 9.28, UNO Minda’s 10.4, Tube Investments’ 6.71 and Sona BLW’s 8.3.

Profitability is more mixed. ROE of 10.98% is marginally above Motherson’s 10.77% but below Bosch, UNO Minda, Tube Investments and Sona BLW. ROCE of 13.91% is slightly above Motherson’s 13.63% but below the rest of the supplied peers.

The size gap is the clearest contrast. Shigan’s 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.

Why Investors Are Watching Shigan Quantum Technologies

• The stock fell 8.39% in one session from Rs 77.5 to Rs 71.
• The captured intraday range was flat at Rs 71, making the previous close comparison the key feature of the move.
• Valuation metrics of 23.34x P/E and 1.59x P/B are below several large listed peers.
• Profitability remains positive, with ROE at 10.98% and ROCE at 13.91%.
• Industry benchmarks show moderate valuation but below-median profitability and much smaller scale.

About Shigan Quantum Technologies

Shigan Quantum Technologies is classified within the Automobile & 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.

Track Shigan Quantum Technologies Share Price on Univest

Use Shigan Quantum Technologies (SHIGAN-SM) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.

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.

Frequently Asked Questions

Why did Shigan Quantum Technologies Share Price fall today?

Ans.  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.

What is Shigan Quantum Technologies Share Price Today?

Ans.  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.

How much market capitalisation does Shigan Quantum Technologies have?

Ans.  The company’s market capitalisation is Rs 144.32 crore in the supplied data, placing it in the Micro Cap category. The company operates in the Automobile & Ancillaries sector. Its P/E ratio is 23.34x.

Is Shigan Quantum Technologies expensive on valuation metrics?

Ans.  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.

What do the profitability ratios show for the company?

Ans.  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%.

How does the company compare with larger Auto Ancillary peers?

Ans.  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.