INSUBCONTINENT EXCLUSIVE:
Shares of Birla Corporation slumped up to 14 per cent during intra-day trade on Monday after National Green Tribunal (NGT) ordered the firm
to stop all mining activities being carried on within the municipal limits of Chittorgarh City
On BSE, the scrip after opening on a negative note further declined 14.11 per cent to Rs 485.10 during the day
Similarly, at the National Stock Exchange (NSE), shares plunged 11.52 per cent to the intra-day low of Rs 500
The company in a regulatory filing on Saturday said, "the Principal Bench of NGT on March 8, 2019 has ordered to stop all mining activities
which are being carried on within the municipal limits of Chittorgarh City and within 10 km of Bassi Wildlife Sanctuary or within
Eco-Sensitive Zone of Bassi Wildlife Sanctuary".
The shares of the company closed 5.82 per cent down at Rs 531.95 on BSE.
