Indian Metals and Ferro Alloys (IMFA) is currently trading at Rs. 540.00, down by 8.80 points or 1.60% from its previous closing of Rs. 548.80 on the BSE.
The scrip opened at Rs. 537.05 and has touched a high and low of Rs. 543.30 and Rs. 536.75 respectively. So far 14,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 794.80 on 23-Oct-2017 and a 52 week low of Rs. 385.00 on 15-Jun-2017.
Last one week high and low of the scrip stood at Rs. 571.00 and Rs. 532.85 respectively. The current market cap of the company is Rs. 1,456.00 crore.
The promoters holding in the company stood at 58.69%, while Institutions and Non-Institutions held 3.84% and 37.48% respectively.
Indian Metals and Ferro Alloys has received demand notices for alleged excess mining in respect of its Nuasahi and Bangur Chromite Mines amounting to Rs 24.13 crore and is taking appropriate legal advise to determine the future course of action.
The total cumulative demand stands at Rs 122.90 crore taking in conjunction with the earlier notices received in respect of Sukinda and Chingudipal Chromite Mines.
IMFA is a producer of ferro chrome/ferro alloys. The company operates through two segments - Ferro Alloys and Power.
| Company Name | CMP |
|---|---|
| Indian Metal & Ferro | 1546.10 |
| Maithan Alloys | 1022.70 |
| Nava | 727.10 |
| Indsil Hydro Power | 41.76 |
| Shyam Century | 5.82 |
| View more.. | |
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