Stock Report

Mangalam Cement Commissions 17.5 MW captive thermal power plant



Posted On : 2007-08-16 00:13:56( TIMEZONE : IST )

Mangalam Cement Commissions 17.5 MW captive thermal power plant

Mangalam Cement Ltd has announced that the Company's Captive Thermal Power Plant of 17.5 MW capacity has been commissioned during this month and has started generating power. Presently it is generating between 10 MW and 14 MW power and it is expected to achieve its rated capacity of generation of 17.5 MW, very shortly.

The stock was trading at Rs.161.40, down by Rs.3.80 or 2.30%. The stock hit an intraday high of Rs.161.45 and low of Rs.158.50. The total traded quantity was 13246 compared to 2 week average of 35613.

Source : Equity Bulls

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