Gujarat Fluorochemicals Shares Finish 3% Decrease on Fuel Leak Probe

Shares of Gujarat Fluorochemicals Ltd ended 3% decrease after touching a day’s excessive of Rs 3,701 on eleventh September, after the corporate acknowledged that operations at its Ranjitnagar plant in Gujarat’s Panchmahal district had been quickly disrupted on tenth September because of a minor rupture in a gasoline pipeline, inflicting a leak.

Gujarat Fluorochemicals mentioned the gasoline leak was rapidly contained utilizing automated security techniques, together with sprinklers and shutdowns, and all personnel had been evacuated.

Staff probably uncovered obtained first help on the plant, and a few had been despatched to close by hospitals. One casualty was reported, possible through the evacuation rush, with the autopsy pending. The corporate expressed condolences and help for the household.

An in depth investigation is underway, and the corporate continues to prioritise security. The incident’s impression, together with tools harm and enterprise interruption, is roofed by insurance coverage. Operations will resume after finishing the required security and statutory checks.

At 3:30 PM, the shares of Gujarat Fluorochemicals ended 3.33% decrease at Rs 3,620.90 on NSE.

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