Maithan Alloys zooms on incorporating wholly owned subsidiary

Maithan Alloys is currently trading at Rs. 1165.80, up by 75.30 points or 6.91% from its previous closing of Rs. 1090.50 on the BSE.
The scrip opened at Rs. 1119.85 and has touched a high and low of Rs. 1186.50 and Rs. 1113.60 respectively. So far 14482 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1303.35 on 14-Jun-2024 and a 52 week low of Rs. 834.05 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1186.50 and Rs. 1070.00 respectively. The current market cap of the company is Rs. 3373.45 crore.
The promoters holding in the company stood at 74.96%, while Institutions and Non-Institutions held 1.32% and 23.72% respectively.
Maithan Alloys has incorporated a wholly owned subsidiary, namely ‘Maithan Fresh’. The Ministry of Corporate Affairs, Government of India has issued the Certificate of Incorporation on June 6, 2025. The object of incorporation of new subsidiary is to explore the opportunities available into agricultural including food processing and Real Estate business activities.
Maithan Alloys engages in the manufacture and trading of ferro alloys in India and internationally. It also involves in the generation and supply of wind power.










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