L G Balakrishnan & Bros. Ltd has been taking all recommended precautions in its operations against the spread of COVID19, sensitisation and hygiene, maximising video conferencing and minimising contacts, health and distancing advisories to employees and following all Government directions on the subject issued from time to time.
The Company has decided to suspend manufacturing operations located at the following states(ie) Haryana, Maharashtra, Uttarkand and Rajasthan from (24.03.2020) till further notice.
Further, the duration of such shutdown for the above and other manufacturing facilities will depend upon the directives of the respective States Government and shall be complied with accordingly.
We will be monitoring the situation continuously and closely and will take all the necessary and appropriate action necessitated with the change in situation and shall keep the Investors and other stakeholders.
Shares of L.G.BALAKRISHNAN & BROS.LTD. was last trading in BSE at Rs.183.6 as compared to the previous close of Rs. 183.2. The total number of shares traded during the day was 809 in over 99 trades.
The stock hit an intraday high of Rs. 190.5 and intraday low of 183.6. The net turnover during the day was Rs. 151689.