Madras Fertilizers has shut down its ammonia and urea plants from Friday onward for undertaking annual turnaround maintenance.
The company said that the ammonia/urea plant is expected to resume production during the first week of September 2021, tentatively.
On NSE, the company's stock finished at Rs30.50 per piece down by 2.4%.
The stock has touched an intraday high and low of Rs31.50 per piece and Rs30.30 per piece respectively.