Gontermann Peipers operations disrupted due to rains

Gontermann Peipers India Ltd has announced that the operations of the Company has been partially affected due to water logging in some parts of the plant, caused by the recent heavy rains. Normal operations are expected to commence early next week.

The exact damage / loss is being ascertained, however, the Company has adequate insurance cover.

The stock was trading at Rs.80, down by Rs.4.15 or 4.93%. The stock hit an intraday high of Rs.87 and low of Rs.79.95. The total traded quantity was 32301 compared to 2 week average of 42214.

Source : Equity Bulls

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