Minor Fire incident at NRB Bearings Ltd's Thane Plant

A minor fire incident occurred at NRB Bearings Ltd's Thane Plant at around midnight on Thursday, October 13, 2022.

All manufacturing operations at the Thane plant have been shut down since January 2022 and the workmen's dues settled. Hence company activities are not affected due to the incident. The Company is in the process of ascertaining the actual loss caused by the fire. Fortunately, there has been no loss or injury to human life or other casualty due to the fire incident.

Shares of NRB Bearing Limited was last trading in BSE at Rs. 170.15 as compared to the previous close of Rs. 170.20. The total number of shares traded during the day was 11902 in over 415 trades.

The stock hit an intraday high of Rs. 175.75 and intraday low of 170.00. The net turnover during the day was Rs. 2047677.00.

Source : Equity Bulls

Keywords

NRBBearing INE349A01021 FireIncident ThanePlant