For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Radico Khaitan Shares Plunge On CPCB Regulations To Close Down Rampur Facility

    |

    Radico Khaitan manufacturers of industrial alcohol etc. has fallen a sharp 20% in the last 11 sessions after the Central Pollution Control Board regulations have asked the entity to close down its Rampur based facility.

    Radico Khaitan Shares Plunge On CPCB Regulations
     

    In the early morning trade, the stock cracked as much as 5% on Thursday. And as per the company's announcement, the Central Pollution Control Board, New Delhi has made some of the observations on zero-liquid discharge system of Radico's one of the plants for improving environmental situation.

    The company in Q3 reported a 48.78 percent jump in its net profit at Rs 52.09 crore for the quarter ended December 2018. The company had posted a net profit of Rs 35.01 crore during the same period of the previous fiscal.

    Total income during the quarter under review stood at Rs 2,081.12 crore. It was Rs 1,747.98 crore in the year-ago period, Radico Khaitan said in a regulatory filing.

    At 11:23 pm, the stock of Radico Khaitan quoted at Rs. 360.15, down by 2.25% on the BSE.

    GoodReturns.in

    Read more about: radico khaitan
    Story first published: Thursday, February 21, 2019, 11:32 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more