Indsil Hydro Power and Manganese' profitability to get impacted by additional electricity duty

The Government of Andhra pradesh has levied an additional electricity duty of 94 paise per kwhr with immediate effect. This will impact the profitability of Indsil Hydro Power and Manganese Limited's Vizianagaram smelter.

Shares of INDSIL HYDRO POWER AND MANGANESE LTD. was last trading in BSE at Rs. 97.40 as compared to the previous close of Rs. 100.15. The total number of shares traded during the day was 241793 in over 935 trades.

The stock hit an intraday high of Rs. 103.00 and intraday low of 95.15. The net turnover during the day was Rs. 23893205.00.

Source : Equity Bulls

Keywords

INDSILHYDROPOWERANDMANGANESE INE867D01018 ElectricityDuty ProfitabilityImpact VizianagarmSmelter