Indonesian President Joko Widodo on Monday inaugurated a new ferronickel plant with 1.8 million tonne output capacity in southeast Sulawesi province built for an estimated $2.7 billion.
Maithan Alloys jumped 6.17% to Rs 1,018.85 after the company announced that it successfully switched on one of its two furnaces for manufacturing of Ferro-alloys on 5 December 2021.