Bannari Amman Sugars stock slips 2% despite no material impact on business due to Covid-19

The operations of our manufacturing facilities had been temporarily suspended for few days and resumed operations from April 16, 2020.

Jul 17, 2020 01:07 IST India Infoline News Service

Bannari Amman Sugars Limited informed the exchanges on Friday that there is no material impact on the business of the company though the sale and movement of our finished products was affected for a short period of time initially due to lockdown.

The operations of our manufacturing facilities had been temporarily suspended for few days and resumed operations from April 16, 2020. The manufacturing activities are being carried out in the normal course with the adoption of enhanced safety, security and other required measures.

The company is currently trading at Rs1,025, down by Rs24 or 2.29% from its previous closing of Rs1,049 on the BSE.

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