Foundry Fuel Products Ltd
Foundry Fuel | 513579
Share Price Chart - Foundry Fuel Products Ltd
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About Company
- Foundry Fuel Products Limited was incorporated as a Private Limited Company on May 09, 1964 and got converted into a Public Limited Company on July 03, 1992
- The Company manufactures Low Ash Metallurgical Coke (LAMC) at its plant in Dhanbad district of Jharkhand with an installed capacity of 45,000 MTPA with a coal washery
- It also trades in middlings and rejects, hard coke dust and slurry residue
- The coke finds use in steel, foundries and chemical industries
- The Company's manufacturing operations were stopped since April, 2010
- The Company was in a very critical position to revive since a decade while the Board of Directors streamlined and restructured its share capital base by both reduction of as well as increase in equity share capital by conversion of loans as per the BIFR Order which ultimately increased the Net Worth of the Company and Company?s Net Worth became positive
- The Company has been under the preview of the Appellate Authority for Industrial & Financial Reconstruction (AAIFR) and has applied for deregistration
- Then, the Company's business was dependent on the commencement of mining operation by its holding company
- However, in 2014-15 the Hon'ble Supreme Court had passed an order cancelling coal block allocations of various companies including the Holding Company
- Considering the aforesaid cancellation, the Company is planning to initiate the process of searching another project
Research Calls
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Foundry Fuel Products Ltd?
The current share price of Foundry Fuel Products Ltd (Foundry Fuel) is ₹4.21. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Foundry Fuel Products Ltd?
Foundry Fuel Products Ltd has a 52-week high of ₹6.98 and a 52-week low of ₹4.19. This range shows the stock's price volatility over the past year.
What is the ROE of Foundry Fuel Products Ltd?
Foundry Fuel Products Ltd has a Return on Equity (ROE) of 0.00%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
