UTLSOLARBSEFujiyama Power Systems LtdHighNegative
Announced Thu, 7 May · 13:37 IST

Fujiyama Power Systems Limited has informed the Exchange regarding a Fire Incident

Plant Fire AccidentCapex & Operations View source PDF

UTLSOLAR · price

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Price reaction · full curve 14 horizons · vs prior close
-5.2%1-day move
₹287.10
prior close
₹287.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-1.1-1.1-0.9-5.2-2.5-5.3-9.5-4.9-7.4+12.2+8.0+17.0
Up moveDown movePending
AI summary

A significant fire accident occurred at Fujiyama Power Systems' manufacturing facility in Bawal Industrial Area, Rewari, Haryana on the evening of May 6, 2026. The fire has been largely brought under control with assistance from the local fire department. Fortunately, there were no casualties or serious injuries as all personnel were evacuated safely. The company is currently assessing the extent of damage and evaluating the impact on operations. The affected assets are insured, and the company has notified the insurance authorities. The exact cause of the fire is under investigation.

Likely market impact

This fire incident introduces uncertainty around potential production disruptions and financial losses, which could negatively impact the stock in the near term. However, the absence of casualties and the fact that assets are insured provides some comfort to shareholders.