You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

N R Agarwal Ind slips after temporarily stopping production

Capital Market 

N R Agarwal Industries declined 1.72% to Rs 300.30 after the company temporarily shut down its plant due to lack of market orders.

In a regulatory filing on Monday, N R Agarwal Industries informed that production at unit 2 (writing & printing) of the company has been temporarily shut down due to-lack of market orders.

N R Agarwal Industries is engaged in the business of manufacturing quality finished paper products. The company serves with its high-quality paper products both domestic and international markets.

The company posted a 65.3% rise in net profit to Rs 25.98 crore on a 93.5% jump in net sales to Rs 392.41 crore in Q1 FY22 over Q1 FY21.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, August 24 2021. 10:35 IST