Sandhar Technologies Ltd has been taking all recommended precautions in its operations against the spread of COVID-19, which includes sanitization and hygiene, temperature checks, maximizing video-conferencing and minimizing contact, closing employee travel, health and distancing advisories to employees and following all government directions on the subject.
As a next step, the Government order now requires closure of production at many of the Company's production units situated in the state of Haryana, Rajasthan, Maharashtra, Uttarakhand, Himachal Pradesh, Karnataka and Tamil Nadu and accordingly the Company has taken a decision on temporary production closure for the Units in Haryana, Rajasthan, Maharashtra and Uttarakhand from 23rd March, 2020 to 31st March, 2020 including the Corporate office situated in Gurgaon, Haryana. The Units situated in Himachal Pradesh, Karnataka and Tamil Nadu shall abide by the government orders on production continuity or otherwise as and when they are specified.
The duration of this shutdown will depend upon Government orders / notifications.
Shares of Sandhar Technologies Ltd was last trading in BSE at Rs.163.35 as compared to the previous close of Rs. 169.8. The total number of shares traded during the day was 1923 in over 100 trades.
The stock hit an intraday high of Rs. 172.75 and intraday low of 153.3. The net turnover during the day was Rs. 319205.