Fire incident at Praj Industries Ltd's R&D center in Pune

A fire incident occurred at the office block of Praj Matrix, our R&D center in Pune, on the evening of March 28 around 8:30 PM. Fortunately, there were no casualties or injuries, and the facility did not sustain major damage. A thorough root cause analysis is being conducted to determine the source of the incident and further strengthen the preventive measures. The safety of people and infrastructure remains the highest priority for the company. None of the Praj current operations are adversely impacted due to this incident.

Shares of Praj Industries Limited was last trading in BSE at Rs. 554.55 as compared to the previous close of Rs. 566.00. The total number of shares traded during the day was 60353 in over 3058 trades.

The stock hit an intraday high of Rs. 574.85 and intraday low of 551.00. The net turnover during the day was Rs. 33658861.00.

Source : Equity Bulls

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PrajIndustries INE074A01025 FireIncident RandDCenter Pune