Magnum Ventures Ltd announces temporary shutdown the Operations of Paper Unit

The Board of Directors of Magnum Ventures Limited have decided to shut down the operations of Paper Mill for a period of one month starting from 8th June 2024, for the purpose of repair, restoration, upgradation, modification of existing machineries, annual maintenance of Paper Unit to improve the quality and quantity of the product.

Shares of Magnum Ventures Limited was last trading in BSE at Rs. 48.00 as compared to the previous close of Rs. 48.53. The total number of shares traded during the day was 10163 in over 201 trades.

The stock hit an intraday high of Rs. 49.10 and intraday low of 47.71. The net turnover during the day was Rs. 491890.00.

Source : Equity Bulls

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MagnumVentures INE387I01016 TemporaryShutdown PaperMill