Facor Alloys Ltd curtails production due to load restriction by APEPDCL

Facor Alloys Ltd has announced that the manufacturing facilities at the Plant operation of the Company situated at SHREERAMNAGAR-535 101, Dist. Vizianagaram, (A.P.) are being under temporary curtailment by upto 50%, due to imposition of 50% load restriction by 'Andhra Pradesh Eastern Power Distribution Company Ltd.' (APEPDCL) till further notice, in view of the rise in demand and shortage of power in the State of Andhra Pradesh.

Shares of FACOR ALLOYS LTD. was last trading in BSE at Rs. 8.15 as compared to the previous close of Rs. 8.07. The total number of shares traded during the day was 267030 in over 463 trades.

The stock hit an intraday high of Rs. 8.35 and intraday low of 8.08. The net turnover during the day was Rs. 2192881.00.

Source : Equity Bulls

Keywords

FACORALLOYS INE828G01013 APEPDCL PowerShortage TemporaryCurtailment Production