iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Gokaldas Exports expects temporary disruption on business amid recent surge of Covid-19 cases in China

1 Apr 2022 , 01:46 PM

Gokaldas Exports Ltd has informed that consequent to the sudden surge of COVID-19 cases in Shanghai and other centres in China, the authorities have imposed stringent pandemic restrictions. In general, this has caused backlog of shipping containers and repercussions have adversely impacted the global supply chains across companies, said company.

Further, in a regulatory filing the company said, “This may cause delays in receipt of key raw material components required for the company’s production. While the company assumes the disruption to be temporary, the extent of lockdown and its impact is presently unknown.

Overall, the company expects two weeks delay in imported raw material delivery schedules from the planned date, possibly impacting production partially in the short term.”

At around 1:47 PM, Gokaldas Exports was trading at Rs399 apiece down by Rs5.45 or 1.35% on the BSE.

Related Tags

  • COVID
  • Gokaldas Exports
  • Gokaldas Exports Ltd
  • Gokaldas Exports Ltd markets
  • Gokaldas Exports Ltd news
  • Gokaldas Exports Ltd operations
  • Gokaldas Exports Ltd shares
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.