Fire at RSWM Ltd's spinning unit

RSWM Ltd has announced that an incident of fire has taken place on 17th November, 2021 at one of the building of Spinning Unit situated at Mordi. Dist. Banswara, Rajasthan.

The assessment of loss is under process for filing the claim before Insurance Company.

Two (2) Open End Cotton Machines and one (1) Ring Frame Machine are damaged. However, the production and supply from the Denim Unit of the Company will continue.

Shares of RSWM Limited was last trading in BSE at Rs. 439.85 as compared to the previous close of Rs. 442.65. The total number of shares traded during the day was 9052 in over 822 trades.

The stock hit an intraday high of Rs. 448.00 and intraday low of 428.00. The net turnover during the day was Rs. 3972276.00.

Source : Equity Bulls

Keywords

RSWMLimited INE611A01016 Fire SpinningUnit Banswara