Due to severe drought conditions and drying of perennial rivers prevailing in the State of Tamilnadu, the District Revenue Officials have asked Seshasayee Paper and Boards Limited to restrict drawal of water from river Cauvery for drinking water purposes only.
The company has appealed to the revenue officials to permit minimum quantity of water to maintain safe working conditions. Steps have been taken to step-up ground water resource. Meantime partial production is maintained.
Shares of SESHASAYEE PAPER & BOARDS LTD. was last trading in BSE at Rs.796 as compared to the previous close of Rs. 810.45. The total number of shares traded during the day was 738 in over 38 trades.
The stock hit an intraday high of Rs. 808 and intraday low of 795. The net turnover during the day was Rs. 593062.