Announced Thu, 23 Jul · 16:18 IST
Plastic unit at Vasona halted due to heavy rain flooding
JAICORPLTD · 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
+1.2%1-day move
₹101.51
prior close
₹101.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.3-0.4-0.5+1.2—————————
Up moveDown movePending
AI summary
Jai Corp's plastic processing unit at Vasona, Silvassa stopped operations on July 23 due to flooding from heavy rains in the area. The company is currently assessing the production loss and property damage. The unit is adequately insured. Safety of equipment, material, and personnel has been ensured. Operations are expected to normalize gradually over the next few days, subject to weather improvement.
Likely market impact
Short-term production loss at one plastic unit; financial impact still being assessed. Company is insured, operations likely to resume soon. Limited near-term effect.