MMP Industries resumes operations at Umred Plant; stock gains 1%

The operations at Umred Plant were earlier temporarily shut in the month of March earlier this year.

November 18, 2020 14:53 IST India Infoline News Service

MMP Industries Ltd. (formerly Maharashtra Metal Powders Ltd.) is a global player in the field of aluminium powders and aluminium pastes.

The company informed the exchanges on Wednesday that it has resumed full manufacturing operations of the aluminium powder division at the Umred Plant of the company effective from November 18, 2020.

The operations at Umred Plant were temporarily shut in the month of March earlier this year, due to the then prevailing situation of the coronavirus pandemic and the subsequent lockdowns.

MMP Industries, at 3.03pm, was trading at Rs86 per piece up 1.78% from its previous closing on the NSE. 

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