Inflame Appliances Ltd commences construction of new working area for Capacity Expansion

Inflame Appliances Limited has initiated the construction of a new working area at its Panchkula Plant, admeasuring approximately 50,000 sq. ft. The proposed construction is intended to enhance the Company's manufacturing capacity and operational efficiency, primarily for product assembly operations.

The total investment towards this proposed construction is estimated at around ₹10 crores. The new setup will feature automated assembly lines aimed at achieving higher productivity and improved quality assurance standards. It is expected to support additional chimney production (assembly of chimneys) of approximately 15,000 units per month.

Facilities and infrastructure:

- The new three-story building will be a dust-proof facility equipped with modern infrastructure designed to meet customer expectations, ensure superior product quality, and enhance overall workplace productivity.

- The structure has also been planned with provision for an additional floor to accommodate future capacity requirements.

- One of the floors will be utilised for the assembly of additional products such as OTG and hobs, thereby supporting product diversification and business growth.

This expansion is in line with the Company's long-term strategic objective to strengthen its manufacturing base, improve efficiency, and meet the growing market demand.

Shares of Inflame Appliances Ltd was last trading in BSE at Rs. 241.80 as compared to the previous close of Rs. 239.80. The total number of shares traded during the day was 9000 in over 28 trades.

The stock hit an intraday high of Rs. 251.75 and intraday low of 241.80. The net turnover during the day was Rs. 2221962.00.

Source : Equity Bulls

Keywords

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