India's Alkyl Amines Chemicals falls after tank ruptures at Maharashtra site

Alkyl Amines Chemicals

30/12/2024 06:58

** Alkyl Amines Chemicals  ALKY.NS  falls 1.7% to 1,802.50
rupees
    ** Specialty chemicals maker reports possible disruption in
operations after a residue tank ruptured at its Kurkumbh plant
in Maharashtra and killed one
    ** Says assessing full extent of damage and potential impact
on production
    ** Adds co will file insurance claim to cover damages
    ** Trading vols at 39,603, 1.3x the 30-day avg
    ** Relative strength index falls to 24.8, suggesting that
stock might be oversold - LSEG
    ** ALKY down ~29% YTD

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))