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Srikalahasthi Pipes shuts down Mini Blast Furnace and Ductile Iron Pipes Plant; Stock dips 1.5%

"We shall keep you posted once the production is resumed after completion of shutdown," the company said.

July 27, 2021 3:27 IST | India Infoline News Service
Srikalahasthi Pipes has shut down its Mini Blast Furnace (MBF) from 25th July 2021 (AN) for about 18 days to complete commissioning of new Blast Furnace to increase the capacity from 3,00,000 TPA to 4,00,000 TPA.

During this period, the company's Ductile Iron Pipes Plant shall also be under shutdown for taking up various synchronization jobs as well as commissioning of the new Finishing Line.

"We shall keep you posted once the production is resumed after completion of shutdown," the company said.

At around 3.25 pm, Srikalahasthi Pipes traded at Rs226.70 per piece down by 1.5% on Sensex.

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