India's Nava falls on business interruption at Odisha facility
17/08/2023 05:46
** Shares of ferro-alloy producer Nava NAAL.NS fall 3.92%
to 391 rupees
** Stock hits lowest level in a week, set to fall for second
consecutive session if trend holds
** NAAL on Wednesday said that due to accidental damage in
its raw material handling system, the co is facing business
interruption at its Odisha facility
** More than 428,000 shares change hands by 09:56 a.m. IST,
0.5x the 30-day avg
** Stock up 65.7% YTD, as of last close
(Reporting by Anisha Ajith in Bengaluru)
((anisha.ajith@thomsonreuters.com))
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