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Maithan Alloys Ltd share price today (on 3 December 2023).

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BSE: 590078 | NSE: MAITHANALL | ISIN: INE683C01011 Market Cap: [Rs.Cr.] 137 | Face Value: [Rs.] 10 Industry: Mining / Minerals / Metals

Maithan Alloys Limited is an India-based company. The Company is engaged in the manufacture of manganese alloys. It manufactures ferro manganese and silico manganese. The Company's plants are located in Kalyaneshwari and Meghalaya. The Company also has a wind mill at Jaisalmer, Rajasthan, and Sangli, Maharastra. The Company's customers primarily consist of traders and steel manufacturers, such as Steel Authority of India Limited. Maithan Alloys Limited was incorporated in the year 1985. The Company commenced commercial production in 1997 with 10 MVA; it grew its installed capacity by 7.5 MVA in 2000 and 8.25 MVA in 2004 when the market for manganese alloys was weak, indicating its commitment to the business.
Further 24MVA was added in 2007 This was followed by setting a new unit with 15 MVA furnace capacity along with 15 MW powerplant in Meghalaya. The result is a capital cost per MVA that is attractively lower than the prevailing greenfield benchmark. As of March 31, 2010, it had a manufacturing capacity of 64 megavolt ampere. As of March 31, 2010, the Company had an installed capacity of 1,15,600 million tons of ferro alloys, and 3.75 megawatts of wind mill. During the fiscal year ended March 31, 2010 (fiscal 2010), it generated 6,223,507 kilowatt hour of power. During fiscal 2010, its Kalyaneshwari unit produced 58,275 million tons, and the Meghalaya unit produced 18,176 million tons. During fiscal 2010, the Company started its Meghalaya operation with 15 megavolt ampere and captive power generation.

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