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Morganite Crucible announces partial closure of factory activity; Stock under pressure

25 Nov 2022 , 01:08 PM

Stock Market Trader, Stock Trader, Trading

Morganite Crucible (India) Ltd has informed to the exchanges regarding partial closure of factory activity.

As per the  reulatory filing, it is informed that the factory shall be closed partially from Monday November 28, 2022 to Saturday December 3, 2022 due to scheduled maintenance and other activity.

There will be no impact on delivery of products to the customers and targeted revenue for the given financial year.

The factory will resume working from Monday, December 5, 2022, the company said.

At around 1:15 PM, Morganite Crucible (India) Ltd is currently trading at Rs980 per share down by Rs1.2 or 0.12% from its previous closing of Rs981.20 per share on the BSE.

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