Hitachi Home And Life Solutions (India) Limited has said that on July 19 night there was a major fire at Unit no. 2 at Kadi plant, Gujarat.
The unit has become non-operational due to the fire.
Unit No. 1 at Kadi plant and Jammu plant are operational.
There is no human casualty at Kadi. The Company has taken adequate insurance of the Kadi plant. Estimated loss / damage is being worked out.
At 1:57 pm (IST), Hitachi Home stocks was down 4.2% at Rs 121.35 after being as low as Rs 102.50. It earlier touched a day's high of Rs 122.90 after opening at Rs 117.40.
The company's stock had fallen as much as 19% in the morning trade.
On Wednesday, the company's share price at the BSE closed at Rs 126.70.
More than 4.70 lakh shares changed hands on the counter at BSE as against a two-week average of 1.5 lakh shares.