Maithan Alloys Explained

Maithan Alloys Limited is a publicly listed company at NSE which manufactures, sells manganese and ferro-alloys^{[1] [2] [3] [4] [5]} within India and internationally, is traded as MAITHANALL.^[6] It has registered office in Kolkata, India. It's led by Subhas Agarwalla as chairman and managing director,^{[7] [8]} Subodh Agarwalla as chief operating officer.^[9] It's part of Maithan's group which is currently valued at Rs. 16,000 crores (2.5 Billion U.S. dollars) and has a market capitalization of Rs. 3,842 crores (650 million U.S. dollars) in 2019.^{[10] [11] [12] [13] [14] [15] [16] [17]} On 20 March 2017, it was criticized by Meghalaya's chief minister Mukul Sangma as being one of the major polluters of the state.^{[18] [19]} It has plants in multiple states: Jharkhand, Meghalaya, Andhra Pradesh.^[20]

Notes and References

1. Web site: Maithan Alloys - NSE. Rediff Money.
2. Web site: Maithan Alloys - BSE India. BSE India.
3. Web site: Maithan Alloys recommends dividend. MoneyControl.com.
4. News: Maithan Alloys hits 20% upper circuit after robust Q4 nos. India Infoline.
5. News: Maithan Alloys' board meets for bonus, results. 25 May 2015. The Hindu. 30 May 2018.
6. Web site: MAITHANALL - ETMarkets. Economic Times Markets.
7. News: Maithan Alloys approves elevation of Subhas Agarwalla as chairman & MD. Reuters.
8. Web site: Maithan Alloys Limited. Business Line - The Hindu.
9. Web site: Company Overview of Maithan Alloys Limited. Bloomberg.
10. Web site: Maithan Alloys. Yahoo Finance.
11. News: Maithan Alloys FY17 profit more than doubles to Rs 191 crore. Mazumdar. Rakhi. Economic Times.
12. News: Maithan Alloys stands out in the crowd. Patherya. Mudar. Business Standard.
13. News: Maithan Alloys standalone net profit rises 121.04% in the March 2017 quarter. Business Standard.
14. News: Financial year end: Stocks that gave over 300% return to investors. Jain. Hitisha. Zee Business.
15. News: Maithan Alloys plummets 11% as firm shuts Kalyaneshwari plant. Economic Times.
16. News: 66 stocks that soared over 100% in FY17 so far: Kiri Industries, Shilpi Cable and more. Oberoi. Rahul. Financial Express.
17. News: India's Maithan Alloys March qtr profit rises. Reuters.
18. Web site: Meghalaya: 15 polluting units in state, says CM Mukul Sangma. Indian Express. 20 March 2017 .
19. News: 15 polluting units in Meghalaya: CM. India Today.
20. News: Maithan Alloys to invest Rs 250 cr for Vizag plant. Business Standard.