KSE Limited shuts down Irinjalakuda unit as employees test positive for COVID19

KSE Limited has announced that the Irinjalakuda Unit, wherein around 700 tons of Cattle Feed is produced per day, is closed down from Sunday, 12th July, 2020 from 4.00 pm. onwards due to few employees testing positive for COVID Test. Steps are being taken for disinfecting the plant and for reopening the plant at the earliest after following the prescribed procedures thereto. As a result of this, 40% of the total production capacity of feed will be affected. The company is also trying its level best to partially fulfill the shortage by augmenting production in other production units and also by third party production arrangements.

Shares of KSE LTD. was last trading in BSE at Rs.1485.15 as compared to the previous close of Rs. 1487.2. The total number of shares traded during the day was 595 in over 28 trades.

The stock hit an intraday high of Rs. 1508.4 and intraday low of 1475. The net turnover during the day was Rs. 884863.

Source : Equity Bulls

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