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Adhunik Metaliks’ rises as its arm declares commercial operations of 2nd Unit of Thermal plant

22 May 2013 Evaluate

Adhunik Metaliks is currently trading at Rs. 27.75, up by 0.25 points or 0.91% from its previous closing of Rs. 27.50 on the BSE.

The scrip opened at Rs. 28.40 and has touched a high and low of Rs. 28.40 and Rs. 27.75 respectively. So far 5,952 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 49.45 on 19-Dec-2012 and a 52 week low of Rs. 24.10 on 08-Sep-2012.

Last one week high and low of the scrip stood at Rs. 29.75 and Rs. 27.40 respectively. The current market cap of the company is Rs. 344.56 crore.

The promoters holding in the company stood at 57.97% while Institutions and Non-Institutions held 11.50% and 30.53% respectively.

Adhunik Metaliks’ step down subsidiary - Adhunik Power & Natural Resources (APNRL), the power arm of Kolkata based Adhunik Group, has declared commercial operations of its 2nd Unit of 270 MW of 2x270 MW Thermal Power Plant on May 19, 2013.

APNRL is a step down subsidiary of Adhunik Metaliks and is implementing 540 MW coal based thermal power plant comprising of two units of 270 MW in Village Padampur in Saraikela, Kharswan District in the state of Jharkhand in 1st stage of its project. The commercial operation of 1st Unit of 270 MW of 2x270 MW was declared on January 21, 2013.

The main plant equipment i.e. Boiler Turbine Generator ( BTG) for the project are supplied by Bharat Heavy Electricals ( BHEL) and balance of plant (BoP) packages are sourced from manufacturers of repute in India and abroad.

Adhunik Metaliks is the flagship company of the Kolkata-based Adhunik Group of Industries and is engaged in manufacturing of wide range of special steels used for different applications in the fields of automobile, construction and engineering. 

Adhunik Metaliks Share Price

0.49 0.00 (0.00%)
29-Nov-2019 18:01 View Price Chart
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