Select shares in Chennai based companies recovered after yesterday's fall, while, some are still trading in negative terrain.
The companies witnessed fall in share price due to heavy rains and floods in the city which in turn affected the production and sale business of these companies.
Here are few companies which are in negative terrain
Shares of the TVS Motor was seen trading at Rs 280.55, lower by 2.85 per cent on BSE at 10.26 am IST. It touched an intra-day low of Rs 280.30 higher by 287.40 during trade.
Shares of the company were seen trading at Rs 92.40, lower by 0.48 per cent on BSE at 10.28 am IST. It touched an intra-day low of Rs 92.10 and high of Rs 93 during the trade.
IT companies which have bigger presence in Chennai also faced downward pressure.
Shares of the IT company Infosys was seen trading at Rs 1050, lower by 0.90 per cent on BSE at 10.37 am IST.
Shares of TCS were seen trading lower by 0.22 per cent at Rs 2360 on BSE at 10.39 am IST. The stock touched intra-day low of Rs 2351 during the trade.
Companies which recovered from loss
Shares of the India Cements recovered from previous loss and was seen trading higher by 0.85 per cent at Rs 89.20 on BSE at 10.30 am IST. It touched an intra-day high of Rs 90.60 during the trade.
Shares of the Natco Pharma recovered on Thursday and was seen trading higher by 0.61 per cent at Rs 520 on BSE. The stock touched an intra-day high of Rs 526.80 during trade.
On Wednesday, the company said that its plant at Chennai has suspended operations due to flooding caused by rains.
Sundaram-Clayton, a Chennai-based TVS Group company was seen trading higher by 1.18 per cent at Rs 2136 on BSE at 10.34 m IST. The stock touched an intra-day high of Rs 2136 during the trade.