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Fire breaks out at LT Foods’ factory at Bhopal

09 Jun 2014 Evaluate

Fire broke out at LT Foods’ subsidiary - Daawat Foods, located at Plot No 7, Satlapur Growth Centre, Phase-II, Industrial Area, Mandideep, Raisen district in state of Madhya Pradesh on June 07, 2014.

The fire is controlled with the help of local fire agency but significant stock of raw material i.e. Paddy got burnt into fire. The production area of the plant is fully safe and no casualty has happened.

The stock was fully insured and this incident is not expected to have any significant impact on the business operations of the company.

Peers
Company Name CMP
Nestle India 1353.10
Varun Beverages 421.80
Britannia Industries 5016.00
LT Foods 422.75
Hatsun Agro Product 1139.40
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