Announced Fri, 31 Jul · 19:05 IST
Fire insurance claim of about 11.34 crores fully settled for Badlapur plant
FINEORG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹4815.00
prior close
₹4800.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+1.3+0.8+0.4+2.0+2.2+3.2+7.8+4.7+9.2————
Up moveDown movePending
AI summary
Fine Organic Industries' insurance claim for a past fire at its adjoining plant in Badlapur, Maharashtra has been fully settled by Tata AIG at about 11.34 crores. This covers property damage, inventory, and loss of profit. The fire was contained quickly with no loss of life. Plant manufacturing resumed by November 2024 with no material adverse impact.
Likely market impact
Positive closure - full insurance recovery with no ongoing impact on operations.