Gopal Snacks Battles Back After Factory Fire Scare

It’s been a crunchy day for Gopal Snacks’ investors—shares nosedived 10% to ₹406.75 on the BSE following a fire at the company’s Rajkot manufacturing plant. The flames, though dramatic, thankfully didn’t claim any lives or cause injuries, and the company’s IT systems emerged unscathed. In a statement to the exchange, Gopal Snacks emphasized its top priority: the safety of its team. Production has already been cranked up at their Modasa and Nagpur plants to keep the snack train running. For now, the market is jittery, but Gopal Snacks’ swift damage control and diversified manufacturing footprint suggest this is more of a hiccup than a crunch-time crisis.

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