Arfin India Limited to commission new plant at Dhanot, Gujarat

Arfin India Limited has announced about the successful set up of new manufacturing plant of Aluminium Alloy Ingots at Dhanot, Gandhinagar, Gujarat to meet increased customer demand. This is the first phase set up of Alloy Ingots Plant having installed capacity of 18,000 metric tons per annum, which will become fully operational with effect from December 15, 2020.

This is the Company's second manufacturing unit for Aluminium Alloy Ingot products, taking the Company's combined installed capacity for Aluminium Alloy Ingot products to 24,000 metric tons per annum.

Shares of Arfin India Ltd was last trading in BSE at Rs.71.4 as compared to the previous close of Rs. 65.05. The total number of shares traded during the day was 23519 in over 111 trades.

The stock hit an intraday high of Rs. 71.55 and intraday low of 61.2. The net turnover during the day was Rs. 1672935.

Source : Equity Bulls

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