Kuantum Papers Ltd plans temporary shutdown of Paper Machine-3 for comprehensive modernization drive
Kuantum Papers Ltd has announced that it will temporarily shut down Paper Machine-3 (PM-3). The company initiated this move as part of a planned upgradation and modernization program aimed at enhancing its production capabilities.The facility in question, located at the Saila Khurd plant, Punjab, will undergo the temporary shutdown. Kuantum Papers estimates that the duration of the operational halt for PM-3 will be approximately one month.
Despite this scheduled downtime for one specific machine, Kuantum Papers confirmed that all other Paper Machines and the overall plant operations will continue running as usual during the modernization period.
The company stated that it would keep relevant stock exchanges informed once the operations at Paper Machine-3 resume following the successful completion of the upgradation and modernization process.
KUANTUM Stock Price Movement
As of 10:32 AM, shares of Kuantum Papers Limited are gaining momentum in live trading, currently at ₹76.75 after climbing by 0.43%. The stock maintains intraday interest, with a volume recorded of 19,851 shares traded so far this session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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