Stock Report

IFGL Refractories allowed by Orissa Pollution Control Board to operate Unit II



Posted On : 2007-07-24 00:51:58( TIMEZONE : IST )

IFGL Refractories allowed by Orissa Pollution Control Board to operate Unit II

IFGL Refractories Ltd has announced that the State Pollution Control Board, Orissa has, bused on submissions made by the Company, passed an Order on July 21, 2007 thereby allowed operation of Unit II of the Company and pursuant thereto sealing of mixer section thereof has been removed to-day and said mixer section has now started functioning. While it would be continued endeavour of the Company to abide by all statutory obligations thereby ensure that issues raised by Pollution Control authorities do not exist any more.

The stock was trading at Rs.64, up by Rs.1 or 1.59%. The stock hit an intraday high of Rs.64 and low of Rs.62. The total traded quantity was 260 compared to 2 week average of 3774.

Source : Equity Bulls

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