Announced Thu, 23 Jul · 17:01 IST
Operations disrupted at Silvassa hotel due to flooding
Price
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Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹56.00
prior close
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base price
After-mkt
timing
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Up moveDown movePending
AI summary
Flood water from the Daman Ganga river entered the company's hotel premises in Silvassa after 48 hours of heavy rainfall and dam water release, disrupting operations. The company said the natural calamity is covered under its insurance policy and will share further updates on the operational loss in due course.
Likely market impact
Near-term revenue from Silvassa hotel hit, but covered by insurance. Quantum of loss and restart timeline awaited.