N R Agarwal Industries slumps on closure of Unit 2 due to lack of orders

The Unit 2 in Andheri, Mumbai had been closed for similar reasons from June 25, 2020 and had commenced operations from July 6 along with Unit 5.

Aug 24, 2020 01:08 IST India Infoline News Service

N R Agarwal Industries Limited is temporarily shutting down the company's Unit 2 (Writing & Printing) from August 25, 2020, due to lack of orders.

The Unit 2 in Andheri, Mumbai had been closed for similar reasons from June 25, 2020, and had commenced operations from July 6 along with Unit 5.

The company's Unit 5 was closed down for Annual Maintenance from August 13, 2020.

The company stock is currently trading at Rs230, down Rs4.95 or 2.11% from its previous closing of Rs234.95 on the BSE.

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