India's Mangalam Organics sinks 5% after fire at camphor plant

Mangalam Organics

17/07/2025 07:26

** Shares of India's Mangalam Organics MANG.NS drops 5% to 519 rupees

** Camphor maker set for worst day since February 17, if losses hold

** Co reports a fire incident at its camphor plant in Khopoli, in western state of Maharashtra

** Adds, no injuries or fatalities reported, but plant and machinery suffer major damage

** Stock up 18% so far this year

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))