Pricol Annouses Close Down Dates To Avoid Inventory
Pricol Ltd has announced that in order to adjust the Company's production plan to avoid piling up of inventory, the Company's plants will be fully / partially closed on specific dates.The Plant I & IV Plant II at Coimbatore & Gurgaon will be closed from December 27, 2008 to January 01, 2009.The Plant III at Coimbatore wil be closed from December 31, 2008 to January 01, 2009.The Plant V at Pune will be closed from December 26, 2008 to December 31, 2008.The Plant VI at Pantnagar, Uttarakhand will be closed from December 25, 2008 to January 01, 2009.The Plant VII at Pantnagar, Uttarakhand will be closed from December 29, 2008 to January 01, 2009.The stock closed the day at Rs.7.80, down by Rs.0.08 or 1.02%. The stock hit an intraday high of Rs.8 and low Rs.7.76.The total trading quantity was 4461 compared to 2 week average of 8948.
