PBM Polytex Announces Complete Manufacturing Shutdown Due to Illegal Sit-Down Strike at Unit
PBM Polytex Ltd. has reported a significant operational disruption after workers at its 'BLP Super Spinners' unit resorted to an illegal sit-down strike.The company stated that manufacturing operations have been completely shut down since the night of June 02, 2026. This incident involves the workforce at the specific unit, leading to a full halt in production.
Stock Price Movement
Shares of PBM Polytex Ltd. settled on Tuesday at ₹57.00, registering a healthy 5.26% gain. The stock experienced volatility throughout the day, trading between an intraday low of ₹55.00 and a high of ₹60.99.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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