Enkei Wheels India Ltd updates on MAP3 facility

Enkei Wheels India Ltd has announced that the MAP3 facility is expected to be under maintenance for a tentative period from February 2023 to June 2023 to upgrade into MAT which is the latest state of the art technology.

Since the Company is in process of upgradation of MAP3 into MAT, the adjoining space of MAP2 facility will need to be used and hence the upgradation exercise of MAP 2 facility is postponed till the further decision from Management.

In view of the above, this is being:informed that the Part production facility of Four-Wheeler production will remain temporarily under maintenance till the end of June-2023 without affecting the current level of production.

This will no way affect Other facility of 4W i.e. MAP1, MAP4 and MACS which are expected to operate normally during this period.

Shares of ENKEI WHEELS (INDIA) LTD. was last trading in BSE at Rs. 567.45 as compared to the previous close of Rs. 512.40. The total number of shares traded during the day was 43678 in over 966 trades.

The stock hit an intraday high of Rs. 614.85 and intraday low of 558.10. The net turnover during the day was Rs. 25922643.00.

Source : Equity Bulls

Keywords

ENKEIWHEELSINDIA INE130L01014 MAP3Facility Maintenance Upgrade