Camlin Fine Sciences Ltd announces temporary closure of Diphenol Plant

Camlin Fine Sciences Limited has announced that Diphenol Plant of its wholly owned subsidiary, CFS Europe SPA situated in Ravenna, Italy shall be closed temporarily from August 16, 2023 to September 15, 2023 on account of difficult macro‐economic situation in Europe coupled with low pricing and weak demand across the industry.

Shares of Camlin Fine Sciences Limited was last trading in BSE at Rs. 157.15 as compared to the previous close of Rs. 157.65. The total number of shares traded during the day was 12188 in over 236 trades.

The stock hit an intraday high of Rs. 158.25 and intraday low of 156.50. The net turnover during the day was Rs. 1917076.00.

Source : Equity Bulls

Keywords

CamlinFineSciences INE052I01032 CFSEuropeSPA Ravenna Italy DiphenolPlant TemporaryClosure