Nelcast Ltd has announced that the power supply at its plant located at Gudur, Andhra Pradesh has been temporarily disrupted from Saturday, December 10, 2022.
In a regulatory filing, the company said that the reason behind temporarily shut down is to main incoming Transformer failure due to which the Company’s operation is disrupted.
“The Company is taking adequate steps to restore the operations before this week. There will be some production loss for few days in the plant”, Nelcast said on Monday.
On Tuesday at around 9:18 AM, Nelcast Ltd is currently trading at Rs113.40 per share up by Rs0.5 or 0.44% from its previous closing of Rs112.90 per share on the BSE.
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