Sterlite Industries hits four-year low
The company's copper smelting unit in Tuticorin has been shut from March 30 following allegations of excess emissions of Sulphur dioxide.
Sterlite Industries has dipped 2.7% to Rs 83.90, extending its previous day’s 2.6% fall, in otherwise firm market on reports that the National Green Tribunal has directed the Tamil Nadu Pollution Control Board (TNPCB) to provide the emission data of all units in industrial estate.
The Vedanta Group's Sterlite Industries’s four-lakh-tonne a year copper smelting unit, which supplies more than half the domestic copper requirement, has been shut from March 30 following allegations of excess emissions of Sulphur dioxide.
The company had filed a petition at the National Green Tribunal against TNPCB's order to shut company's copper smelter plant in Tuticorin district, Tamil Nadu.
The stock opened at Rs 85.30 and hit a four-year low of Rs 83.15 on BSE. A combined 5.19 million shares have changed hands on the counter till 1248 hours on BSE and NSE.
The Vedanta Group's Sterlite Industries’s four-lakh-tonne a year copper smelting unit, which supplies more than half the domestic copper requirement, has been shut from March 30 following allegations of excess emissions of Sulphur dioxide.
The company had filed a petition at the National Green Tribunal against TNPCB's order to shut company's copper smelter plant in Tuticorin district, Tamil Nadu.
The stock opened at Rs 85.30 and hit a four-year low of Rs 83.15 on BSE. A combined 5.19 million shares have changed hands on the counter till 1248 hours on BSE and NSE.