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Monnet Ispat and Energy Limited updates on maintenace, repairs

Posted On: 2019-10-22 13:06:47


Monnet Ispat and Energy Limited ('the Company') will also undertake modification of plant and machinery for manufacturing special steel products apart from general maintenance. Therefore, the period of shutdown taken by the Company of its plant, other than Pellet plant and DRI plant, located at Raigarh (Chhattisgarh) with effect from 21st June, 2019 has been further extended and it will restart its integrated operations on completion of aforesaid modification which is estimated to be in quarter four (Q4) of financial year 2019-20.

Shares of MONNET ISPAT & ENERGY LTD. was last trading in BSE at Rs.10.11 as compared to the previous close of Rs. 10.01. The total number of shares traded during the day was 15156 in over 28 trades.

The stock hit an intraday high of Rs. 10.26 and intraday low of 9.9. The net turnover during the day was Rs. 153444.


Source: Equity Bulls

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