India's Alufluoride falls on closure of Jordan unit
11/06/2024 08:43
** Shares of Alufluoride ALUF.BO fall as much as 6%,
before trimming losses to trade 2% lower
** Aluminium fluoride maker says it is winding up its unit
in Jordan due to "geo-political instability in the Middle East"
and because the unit has not commenced operations till date
** Stock set to snap four straight sessions of gains
** Stock up 5.8% in 2024 so far, after gaining 71.8% in 2023
(Reporting by Anuran Sadhu in Bengaluru)
((Anuran.Sadhu@thomsonreuters.com ;))
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