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Ind-Ra withdraws rating of Indian Metals & Ferro Alloys

31 Mar 2020 Evaluate

India Ratings & Research (Ind-Ra) has withdrawn its rating for the Indian Metals and Ferro Alloys (IMFA) pursuant to the credit facility to which it pertained being repaid in full. However, the rating agency has downgraded rating from A/Stable/A1 to A-/Stable/A1.

Ind-Ra continues to expect the company’s integrated nature of operations, leading market position, adequate liquidity and long term off-take agreements with customers to help it tide over the cyclical downturn.

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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