Announced Fri, 31 Jul · 16:24 IST
Nava Limited resumes Ferro Alloy Plant Furnaces at Odisha from Aug 1
NAVA · price
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Price reaction · full curve 14 horizons · vs prior close
+3.5%1-day move
₹551.40
prior close
₹561.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.7+0.8+1.1+3.5+5.6+7.9+5.2+4.6+6.3————
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AI summary
Nava Limited will restart both Furnaces of its Ferro Alloy Plant at Odisha Works from August 1, 2026, after completing planned proactive maintenance. The two furnaces were temporarily shut down since March 30, 2026 for critical scheduled maintenance. During the outage, the company's 30 MW Captive Power Plant at Odisha continued operating and sold power commercially to sustain contributions.
Likely market impact
Restoration of furnace operations should normalize ferro alloy production and revenue, as captive power already supported earnings during the outage.