India's N R Agarwal falls on temporary closure of unit

N R Agarwal Industries

29/11/2022 09:27

** Shares of N R Agarwal Industries Ltd  NRAI.NS  fall as
much as 2.9% to 322 rupees, their biggest intraday pct drop
since Nov. 9
    ** NRAI on track for fourth consecutive session of losses
    ** The paper products manufacturer on Monday said that the
co's unit 3 will temporarily remain shut due to lack of market
orders 
    ** Co also said that the Chief Financial Officer, Basant
Kumar Bansal resigned from the position
    ** About 18,400 shares change hands by 0250 IST vs 30-day
avg of 25,434 shares
    ** Stock up 27.8% so far this year, as of last close
 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com;))