SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian Metals shuts down work at Sukinda & Mahagiri Mines

25 Jul 2018 Evaluate

Indian Metals and Ferro Alloys (IMFA) has shut down work at Sukinda & Mahagiri Mines, as the Union at Sukinda & Mahagiri Mines has ceased work from July 25, 2018 after raising certain demands, despite a valid wage agreement.

The company is studying their demands and shall look to resolve the situation at the earliest. Besides, there is adequate stock of chrome ore at the company’s plant sites and the company does not anticipate any disruption in production.

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..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×