Foundry Fuel Products Limited was incorporated as a Private Limited Company on May 09, 1964 and got converted into a Public Limited Company on July 03, 1992. The Company manufactures Low Ash Metallurgical Coke (LAMC) at its plant in Dhanbad district of Jharkhand with an installed capacity of 45,000 MTPA with a coal washery. It also trades in middlings and rejects, hard coke dust and slurry residue. The coke finds use in steel, foundries and chemical industries.
The Company's manufacturing operations were stopped since April, 2010. The Company was in a very critical position to revive since a decade while the Board of Directors streamlined and restructured its share capital base by both reduction of as well as increase in equity share capital by conversion of loans as per the BIFR Order ... which ultimately increased the Net Worth of the Company and Company?s Net Worth became positive. The Company has been under the preview of the Appellate Authority for Industrial & Financial Reconstruction (AAIFR) and has applied for deregistration.
Then, the Company's business was dependent on the commencement of mining operation by its holding company. However, in 2014-15 the Hon'ble Supreme Court had passed an order cancelling coal block allocations of various companies including the Holding Company. Considering the aforesaid cancellation, the Company is planning to initiate the process of searching another project. Company is evaluating the option to sell or lease or transfer the entire business assets or undertaking comprising of all movable and immovable properties for which members have duly accorded their approval to the Board.
1. Can I buy Foundry Fuel Products Ltd from PL Capital? ›
Yes, you can invest in Foundry Fuel Products Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Foundry Fuel Products Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Foundry Fuel Products Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Foundry Fuel Products Ltd pay dividends? ›
Foundry Fuel Products Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Foundry Fuel Products Ltd ? ›
As of
14-01-2026 the share price for Foundry Fuel Products Ltd. is 6.35 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Foundry Fuel Products Ltd ? ›
The 52-week high and low of Foundry Fuel Products Ltd share price is ₹ 4.83 - ₹ 7.32 as of
14-01-2026 .
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