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IGCZ Raised Its Capsule Shell Price 79 Percent and Grew First Half Sales 68 Percent; Another 25 Percent Hike Took Effect in October

Sahmino editorialOct 2, 2026Short00:54

IGCZ's (Iran Gelatin Capsule) monthly activity report on Codal shows first-half 1405 sales up 68 percent even as unit volume fell 6.4 percent, powered entirely by a 79 percent rise in the per-shell rate. From the first day of Mehr the board raised the rate another 25 percent. At the September 30 close its P/E is 8.9, below the 9.8 sector average; Rasad's desk has carried a buy call on it since September 30 targeting 199,651 rials.

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