The operations of the Plant situated at Walchandnagar are partially affected due to stoppage of production, in view of strike announced by Labour Union w.e.f. 22nd November, 2023. However, there is no strike at other two plants situated at Satara Road, Maharashtra and Dharwad, Karnataka.
The loss of production per day of strike may be around 1 Crores.
Shares of Walchandnagar Industries Limited was last trading in BSE at Rs. 196.05 as compared to the previous close of Rs. 192.25. The total number of shares traded during the day was 92696 in over 229 trades.
The stock hit an intraday high of Rs. 196.05 and intraday low of 194.40. The net turnover during the day was Rs. 18145773.00.