Reliance Industries (RIL), leading private sector enterprise with businesses in the energy and materials value chain, has scheduled a planned turnaround at its Nagothane manufacturing site. The cracker and some of the downstream units will be shut for approximately four weeks, starting around mid-January 2015.
This opportunity will be used to carry out routine maintenance activities and for implementing other profit improvement and energy conservation measures. RIL's crackers and other downstream units at other locations will continue at normal levels of operations.
With advance planning and inventory management, impact on external sales is likely to be minimal.
Shares of the company gained Rs 6.55, or 0.74%, to trade at Rs 895.55. The total volume of shares traded was 30,716 at the BSE (10.22 a.m., Monday).