India, Oct. 27 -- A chemical stock witnessed sharp selling pressure after the company reported an unexpected operational disruption at its manufacturing facility. Investors reacted negatively to the announcement, which indicated a temporary production halt likely to impact near-term volumes and margins.

TGV SRAAC Limited, with a market capitalization of Rs. 1,266.87 crore, opened at Rs. 123 on the BSE against the previous close of Rs. 126.80. The stock hit an intraday low of Rs. 116, marking a decline of 8.52 percent from its previous close.

What's the News? The company reported that the winding in a transformer supplied by Transformers and Rectifiers India Ltd. has failed, resulting in a temporary shutdown. The incident has led to a p...