Maithan Alloys announces IMFAL gradually scales up production of ferro alloys; Stock dips 1%

14 Jan 2022 , 12:40 PM

Maithan Alloys on Friday announced that the  Impex Metal & Ferro Alloys Limited (IMFAL) has successfully switched on its other furnace for manufacturing of ferro alloys.

The said commercial production is expected to begin by IMFAL later this month.

The production of ferro alloys is being gradually scaled up by IMPFAL.

At around 12.36 pm, the company’s stock was trading at Rs1063.40 per piece down by 1.01% on Sensex.

The stock has touched an intraday high and low of Rs1086.30 per piece and Rs1060.75 per piece respectively.