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Indian Metals shuts down two furnaces at Therubali plant

28 Jun 2018 Evaluate

Indian Metals and Ferro Alloys (IMFA) has shut down two furnaces at Therubali plant, as a group of agitators have once again disrupted operations at this plant on June 27, 2018, by preventing workers from entering the premises.

The District Administration has been updated about steps taken to fulfil certain demands which were agreed to in a meeting chaired by the District Collector on May 10, 2018 following which the previous agitation was called off.

The company hopes to resolve the current situation soon as it apparently pertains to non-fulfilment of the said demands made earlier.

IMFA is a producer of ferro chrome/ferro alloys. The company operates through two segments - Ferro Alloys and Power.

Indian Metal & Ferro Share Price

1546.10 79.25 (5.40%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Indian Metal & Ferro 1546.10
Maithan Alloys 1022.70
Nava 727.10
Indsil Hydro Power 41.76
Shyam Century 5.82
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