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Fire broke out at Maxwell Industries stitching factory at Thingallur

25 Apr 2012 Evaluate

Fire broke out at one of the wing in Maxwell Industries’ stitching factory located at Thingallur on April 24, 2012 night. The fire was under controlled, no casualties were reported and no damage has happened to mankind and others.

However, some stocks in the factory were burnt during the fire and these stocks were sufficiently insured.

The company is a leading manufacturer of high quality 100% cotton yarn manufacturer in India for hosiery/weaving industries. It operates in the highly competitive domestic and international market as suppliers of 100% Combed Auto leveled and Auto Coned Contamination controlled Siro cleared hosiery/woven cotton yarn for the high tech knitting/weaving industry.

Peers
Company Name CMP
Vardhman Textiles 571.05
Welspun Living 202.90
Arvind 548.70
Raymond Lifestyle 668.20
K.P.R. Mill 1121.05
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