Magna Electro shuts down plant during Feb 10-17

Magna Electro Castings has informed the BSE that its plant will be shut down during February 10-17 for replacement of its furnaces and consequently during this period there will be no production. All other maintenance and administrative activities will, however, continue to function during this period, the company said in the notice. The stock of Magna Electro closed at ₹105.7, down 0.5 per cent on the BSE.