India's GHCL falls after flagging production shortfall

GHCL

19/08/2024 09:18

** Shares of industrial salts and soda ash manufacturer GHCL
 GHCH.NS  fall 2.7% 
    ** Co says it expects a ~14,000 ton drop in production due
to scheduled two-week annual maintenance
    ** Adds, maintenance work won't impact supply commitments as
there is sufficient soda ash reserves
    ** Shares down after gaining 2.6% last week
    ** Stock up ~7% YTD vs 21% gains last year

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