Andhra Petro suspends Vizag plant operations as HPCL halts propylene supply

• Andhra Petrochemicals suspended operations at its Visakhapatnam plant effective March 17.
• The shutdown is due to HPCL halting the supply of propylene, a critical raw material.
• Disruptions are linked to the ongoing geopolitical conflict involving Iran, the US, and Israel.
• Operations will resume once propylene supply is restored, and the company will inform exchanges.
• The company's shares were up 1.34% at ₹38.64 on Tuesday, but declined 33.39% in six months.