Balkrishna Paper Mills' Ambivali plant still under shutdown for annual maintenance; stock gains ~5%

2 Aug 2022 , 09:17 AM

Balkrishna Paper Mills Limited has informed to the exchanges regarding shutdown of plant at Ambivali, Kalyan for Annual Maintenance.

As per the filing, the company has announced that the plant at Ambivali is still under shutdown for ‘Annual Maintenance and Boiler Passing’ and it will remain shutdown for another 7 to 10 days continue from Monday ie August 01, 2022.

At around 9:16 AM, Balkrishna Paper Mills was trading at Rs40 per share higher by 4.85% on the BSE.

Ballkrishna Paper Mills is an Indian-based company, which is engaged in diversified businesses of manufacturing textiles, garments yarn, home furnishings and papers.