Pearl Engineering Polymers suspends Liquid Poly operations

Due to the market conditions and the abnormal volatility and Increase in Raw Material prices Pearl Engineering Polymers Ltd has temporarily suspended LIQUID POLY Operations in the main plant, while the Development Centre continues to run normally.

The Company is taking necessary steps to revive the operations pending which a temporary layoff of some personnel has been resorted to.

The stock was trading at Rs.2.53, down by Rs.0.15 or 5.60%. The stock hit an intraday high of Rs.3.11 and low of Rs.2.53.

The total traded quantity was 3 compared to 2 week average of 7484.

Source : Equity Bulls

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