ICILNSEINDO COUNT INDUSTRIES LTD· Textiles - CottonHighNegative
Announced Fri, 24 Jul · 21:58 IST

Operations halted at Bhilad facility due to heavy rainfall and flooding

Capex & Operations View source PDF

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Price reaction · full curve 14 horizons · vs prior close
1-day move
₹404.00
prior close
₹406.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.1+2.4+3.0
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AI summary

Operations at Indo Count Industries' Bhilad, Gujarat manufacturing facility have been temporarily stopped since 23rd July 2026 due to unprecedented rainfall and flooding. The company has ensured personnel safety and confirmed that all assets and materials at the facility are adequately insured. Damage assessment and production impact are still being evaluated, with a further update to follow once operations resume.

Likely market impact

Near-term production at Bhilad unit may be affected. Insurance cover should limit financial loss, but quarterly impact is still unclear.