Indian Metals & Ferro Alloys is currently trading at Rs. 270.00, up by 2.55 points or 0.95% from its previous closing of Rs. 267.45 on the BSE.
The scrip opened at Rs. 270.45 and has touched a high and low of Rs. 273.80 and Rs. 265.00 respectively. So far 314 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 389.45 on 17-Feb-2012 and a 52 week low of Rs. 220.00 on 20-Sep-2012.
Last one week high and low of the scrip stood at Rs. 290.00 and Rs. 266.15 respectively. The current market cap of the company is Rs. 702.68 crore.
The promoters holding in the company stood at 55.72% while Institutions and Non-Institutions held 10.89% and 33.38% respectively.
Indian Metals & Ferro Alloys’ Unit 1 consisting of 60 MW of the 120 MW captive power plant was synchronized on December 31, 2012 and put to use. Besides various tests will be conducted over the next one month to check and optimize the operation of the unit and the load will gradually be increased.
Indian Metals & Ferro Alloys is primarily involved in the production of ferro alloys including charge-chrome (high-carbon ferro-chrome), and has an installed furnace capacity of 157 MVA in its two units in Therubali and Choudwar2 districts of Orissa. The company’s operations are supported by a 108 MW captive thermal power plant (at Choudwar) and captive chromite mines.
| Company Name | CMP |
|---|---|
| Indian Metal & Ferro | 1566.85 |
| Maithan Alloys | 1036.10 |
| Nava | 704.50 |
| Indsil Hydro Power | 41.30 |
| Shyam Century | 5.61 |
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