Bosch Shares Drop On Fire At plant

Business

oi-Sunil

By Sunil Fernandes

Published: Wednesday, March 25, 2015, 12:13 [IST]

Shares in Bosch were trading lower by 2 per cent after the company reported of a fore related accident at one of its plant.

Bosch informed the BSE that the 'plating department' in the Spark Plugs unit of the Company's Naganathapura Plant accidentaly caught fire in the morning of March 25, 2015.

"As a safety measure, the work in the unit has been temporarily discontinued and would be resumed during the day. There has been no injury or loss to human life on account of the fire," the company said in a release.

Shares of Bosch were last trading at Rs 25,768, down 2.16 on the National Stock Exchange.

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