Hindalco Industries suspends operations at Mouda Unit

Hindalco Industries Ltd has announced that due to labour problems in the Mouda unit, the management has suspended operations of the Unit with immediate effect.

This will not affect servicing the market since the Unit was delivering low production since few months.

The stock was trading at Rs.164.70, up by Rs.3.45 or 2.14%. The stock hit an intraday high of Rs.167.25 and low of Rs.162.55.

The total traded quantity was 1801452 compared to 2 week average of 2419028.

Source : Equity Bulls

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