Manaksia Steels Limited receives consent to operate Aluzinc line

Manaksia Steels Limited has received Consent to Operate from West Bengal Pollution Control Board (CTO No. WBPCB/6927547/2025) vide letter dated 9th June, 2025, pursuant to which the Company is commencing the commercial production of a new product viz. Aluzinc line at its plant situated at Bhuniaraichak, Jhikurkhali, Haldia, Purva Mednipur, West Bengal- 721635 with effect from 10th June, 2025 with a capacity of 1,10,200 TPA.

The commissioning of manufacturing line of Aluzine will increase the overall production capacity of the Company and thereby also improving the revenue and profit realisation.

Aluzinc is an alloy of 55% Aluminium and 45% Zinc coating on the cold rolled steel strip. It has high corrosion resistance properties and an excellent substrate for colour coating. It has a wide market acceptability and used in solar structures, roofing and constructions.

Shares of Manaksia Steels Limited was last trading in BSE at Rs. 62.09 as compared to the previous close of Rs. 60.60. The total number of shares traded during the day was 1171 in over 11 trades.

The stock hit an intraday high of Rs. 62.09 and intraday low of 58.59. The net turnover during the day was Rs. 70420.00.

Source : Equity Bulls

Keywords

ManaksiaSteels INE824Q01011 ConsenttoOperate AluzincLine