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Indian Metals surges despite reporting 71% fall in Q1 net profit

17 Jul 2018 Evaluate

Indian Metals & Ferro Alloys is currently trading at Rs. 330.00, up by 12.55 points or 3.95% from its previous closing of Rs. 317.45 on the BSE.

The scrip opened at Rs. 312.30 and has touched a high and low of Rs. 344.35 and Rs. 300.00 respectively. So far 62595 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. 288.45 on 28-Jun-2018.

Last one week high and low of the scrip stood at Rs. 362.05 and Rs. 300.00 respectively. The current market cap of the company is Rs. 901.03 crore.

The promoters holding in the company stood at 58.69%, while Institutions and Non-Institutions held 0.95% and 40.36% respectively.

The company has reported a fall of 71.24% in its net profit at Rs 28.74 crore for the quarter under review as compared to Rs 99.92 crore for the same quarter in the previous year. Total income of the company decreased by 5.33% at Rs 415.58 crore for Q1FY19 as compared Rs 438.97 crore for the corresponding quarter previous year.

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
View more..

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