Announced Thu, 23 Jul · 14:53 IST
Operations at 3 plants suspended due to flooding
REMSONSIND · 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
-0.7%1-day move
₹79.75
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.7-0.3-2.0———————
Up moveDown movePending
AI summary
Remsons Industries has temporarily suspended operations at all three manufacturing facilities in Daman and Pardi, Gujarat from 23 July 2026 due to severe flooding from heavy rainfall. Damage to plant, machinery and inventory is being assessed and financial impact is not yet known. Assets are covered under insurance and the company is working to restore operations.
Likely market impact
Short-term production halt; financial impact unclear but assets are insured. Could affect near-term revenue and deliveries.