Saurashtra Cement Manufacturing Operations Suspended due to heavy rains

Saurashtra Cement Ltd has announced that the Manufacturing Operations in the Company's plant at Ranavav, Porbandar (Gujarat) are temporarily suspended as there are heavy rains resulting in water logging in and around plant area.

The Company is adequately covered under Industrial All Risks Insurance Policy.

All efforts are being made to restore normalcy at the earliest.

The stock closed the day at Rs.58, down by Rs.2.25 or 3.73%. The stock hit an intraday high of Rs.61.50 and low of Rs.58. The total traded quantity was 12400 compared to 2 week average of 16039.

Source : Equity Bulls

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