India: Sarda Energy Expects to Achieve 60-90%% of Production in Q1 FY’21

Sarda Energy & Minerals Ltd (SEML) expects to achieve 60-90% Y-o-Y production of different products Q1 FY’21. After restarting its manufacturing facilities from 16 Apr’20, its plants have reached to near normal capacity by the third week of May’20. However, the mining of ores may be affected due to pandemic, which may have a bearing on pricing.