Fedders Holding Ltd's subsidiary acquires 60 acre in Odisha

The Board of Directors of Fedders Holding Limited have taken note of the acquisition of land measuring around 60 Acre in Odisha for the purpose of setting up of Iron Ore Beneficiation Plant having capacity of 1.5 MT per annum by its subsidiary company namely M/s Fedders Electric and Engineering Limited. The project shall be operational by March, 2025.

Shares of IM+ Capitals Limited was last trading in BSE at Rs. 902.70 as compared to the previous close of Rs. 874.30. The total number of shares traded during the day was 16656 in over 514 trades.

The stock hit an intraday high of Rs. 909.80 and intraday low of 866.10. The net turnover during the day was Rs. 14878497.00.

Source : Equity Bulls

Keywords

FeddersHolding INE417D01012 Subsidiary FeddersElectricandEngineering LandAcquisition 60Acres Odisha IronOreBeneficiationPlant