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These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIt is probably time to be bullish as an investor. But remember two things. One: Valuations are still not cheap. Two: Because it is over and...- Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...
- How much will Vedanta's share price fall after adjusting to demerger tomorrow? What experts sayVedanta shares are poised for a significant adjustment tomorrow following a special pre-open session, with analysts projecting a price rang...
- IMFA to acquire Tata Steel's ferro chrome plant in Odisha for Rs 610 crIn a bold move affirming its leadership in the industry, IMFA has finalized the acquisition of Tata Steel's ferro chrome facility in Kaling...
- Buy Indian Metals & Ferro Alloys, target price Rs 920: HDFC SecuritiesIndian Metals & Ferro Alloys Ltd., incorporated in the year 1961, is a Small Cap company (having a market cap of Rs 2416.60 Crore) operatin...
- Indian Metals & Ferro Alloys Q1 results: PAT rises four-fold to Rs 100 crDuring the quarter under review, the company said its total income rose to Rs 541.91 crore from Rs 422.29 crore a year ago.
- IMFA posts Rs 99.92 crore net profit in Q1IMFA’s revenue moved up sharply to Rs 426.31 crore in Q1FY18 against Rs 253.29 crore in Q1FY17.
- IMFA posts net profit of Rs 174 crore in Q4 of FY17For the financial year FY17 as a whole, IMFA earned a net profit of Rs 249.83 crore compared to a loss of Rs 44.73 crore in FY16.
- Indian Metals and Ferro Alloys net profit up at Rs 63.87 crore in quarter ending Dec 31, 2017Ferro Chrome production at 64,641 tonnes in Q3FY17 was up 24% from 52,217 tonnes in Q3FY16, while sales at 64,034 tonnes during the quarter...
- Indian Metals and Ferro Alloys Q2 profit at Rs 42.31 crFor the half year period ended September 30, IMFA earned Rs 640.87 crore as total income in the half year period ended September 30.
- Abolishing export duty on Chrome ore to hurt domestic industryThis decision will impact the domestic Ferro Chrome producers and impact the survival of struggling stainless steel industry.
- IMFA stock outperforms most metal stocks year to date, rupee depreciation helps salesThe rupee depreciation since the beginning of this year is one of the reasons for the optimism in the stock since IMFA earns about 85% of i...
- Indian Metals' Q3 net down 55% to Rs 13.16 crLeading ferro chrome producer Indian Metals and Ferro Alloys (IMFA) reported an over 55% decline in net profit to Rs 13.16 crore for the qu...
- Glencore International in talks to acquire 24% stake in Croniment AlloysA deal, which they said could be for Rs 50-75 crore, would mark Switzerland-based Glencore's entry into India.
- Top stainless steel companies like JSL Stainless and Visa Steel may cut outputMore than 300 out of 350 steel units, which were built at a total investment of Rs 2 lakh crore, have already shut down operations.
- Posco takes 24% equity in IMFA arm for $5 millionPosco has taken a 24% equity stake in an arm of IMFA, as ownership in a pure-play mineral company would ensure critical raw material linkag...
- ET Ferro Alloy: Empowering business, IFAPASubsidised rates of power are an important aspect of fuel industry growth, says JK Chatterjee.
- Target of 950 for Indian Metals & Ferro Alloys: Avinash GorakshekarET Now spoke to Avinash Gorakshekar, Head Of Research, Anagram Capital Ltd, on his stock picks.
- China’s Bao Steel acquires 35% in JV with Visa SteelBao Steel of China has picked up 35% stake in a joint venture with Visa Steel. The new company, Visa Bao was incorporated earlier this mont...
- Indian Charge merger with parent caught in legal rowIt is a waiting game now for shareholders and promoters of the country’s largest ferro-chrome producer, Indian Charge Chrome (ICCL), whose ...
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