Alufluoride Ltd to commence commercial production of expanded capacity from Dec 19, 2020

Alufluoride Ltd has announced that the VISAKHAPATNAM Aluminium Fluoride plant expansion works were completed on 28 November 2020 and expanded plant trails were taken from 29th November 2020 and are expected to be completed by 18th December 2020. Commercial production of the new expanded plant is expected to be commenced from 19th December 2020.

Due to long stoppage of plant, and due to COVID 19 pandemic, certain technical issues etc., December 2020 quarter's production and sales are expected to be lower compared to previous year's quarter.

Shares of ALUFLUORIDE LTD. was last trading in BSE at Rs.181.05 as compared to the previous close of Rs. 182.05. The total number of shares traded during the day was 8344 in over 201 trades.

The stock hit an intraday high of Rs. 184 and intraday low of 178.5. The net turnover during the day was Rs. 1513556.

Source : Equity Bulls

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