Fire accident at waste paper godown of Shree Krishna Paper Mills & Industries Ltd

Today morning at around 8 A.M., a major fire accident took place at the waste paper godown of Shree Krishna Paper Mills & Industries Ltd's plant situated at Plot No.SPL-A, RIICO Industrial Area, Village & Post: Keshwana, Tehsil : Kotputli, District: Jaipur (Rajasthan). Efforts are continuing to control the fire with the help of Fire Brigade.

There is no loss or injury to human life. However, the fire has resulted into major damage of raw material stored in the waste paper godown thereby disturbing the entire operations.

The Company has adequate insurance coverage and has already informed the Insurance Company about the incident. The Company is in the process of ascertaining the actual loss caused due to the fire.

Shares of SHREE KRISHNA PAPER MILLS & INDUSTRIES LTD. was last trading in BSE at Rs. 24.70 as compared to the previous close of Rs. 25.20. The total number of shares traded during the day was 417 in over 17 trades.

The stock hit an intraday high of Rs. 24.70 and intraday low of 23.95. The net turnover during the day was Rs. 10019.00.

Source : Equity Bulls

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