Mechanical breakdown at GHCL Ltd's lime kiln

GHCL Ltd has announced that there was an unforeseen mechanical breakdown in one line of the lime kilns and this will result in lower production of Soda Ash by an estimated 30K MT in this quarter (i.e. 4th Quarter of FY 2022-23) and 15K MT in the following quarter (i.e. 1st Quarter of FY 2023-24). The management is making all possible efforts to bring this to normalcy as soon as possible.

Shares of GHCL Limited was last trading in BSE at Rs. 517.75 as compared to the previous close of Rs. 520.95. The total number of shares traded during the day was 5793 in over 370 trades.

The stock hit an intraday high of Rs. 526.55 and intraday low of 516.15. The net turnover during the day was Rs. 3010940.00.

Source : Equity Bulls

Keywords

GHCL INE539A01019 MechanicalBreakdown LimeKiln SodaAsh