India's Paradeep Phosphates falls on shutting ammonia and urea plants in Goa

Paradeep Phosphates

19/03/2024 05:24

** Shares of Paradeep Phosphates  PRAO.NS  down 3.1%, recovering
slightly from a decline of 4.3% earlier in session
    ** Co on Monday said that it has shut down its ammonia and
urea plants in the state of Goa due to a breakdown of a
synthesis gas compressor
    ** PRAO eyes third consecutive session of losses
    ** Stock down 10.7% so far this month, on track for its
worst since October 2023

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))