Announced Mon, 22 Jun · 19:58 IST
Temporary shutdown of HOCL Kochi Phenol plant due to market constraints
Capex & Operations View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-3.4%1-day move
₹39.40
prior close
₹38.51
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.0+1.2-0.0-3.4-3.7-6.3-5.7-6.4-3.0-3.7-7.1——
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AI summary
HOCL has temporarily shut down its Phenol plant at Kochi, Kerala due to weak product market conditions. The Hydrogen Peroxide Plant at the same location was already under temporary shutdown. The company has not given a restart date and will communicate the reopening separately.
Likely market impact
Negative near term impact on production and revenues; uncertainty over restart timeline may weigh on the stock.