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Safari Industries Reports Minor Fire Incident at Halol Factory

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Safari Industries Reports Minor Fire Incident at Halol Factory

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An announcement from Safari Industries (India) Limited ( (IN:SAFARI) ) is now available.

Safari Industries (India) Limited reported a minor fire incident at its Halol, Gujarat factory, which was quickly controlled without any injuries or casualties. The factory operations have resumed, except for the affected extruder machine, and the incident is not expected to have a significant impact on the company’s production or financials due to adequate insurance coverage.

More about Safari Industries (India) Limited

Safari Industries (India) Limited operates in the luggage and travel accessories industry, offering a range of products such as suitcases, bags, and other travel essentials. The company focuses on providing durable and stylish travel solutions to consumers, primarily in the Indian market.

YTD Price Performance: -20.95%

Average Trading Volume: 2,369

Current Market Cap: 101.6B INR

For an in-depth examination of SAFARI stock, go to TipRanks’ Stock Analysis page.

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