Indian Metals & Ferro Alloys is currently trading at Rs. 649.00, up by 5.05 points or 0.78 % from its previous closing of Rs. 643.95 on the BSE.
The scrip opened at Rs. 653.05 and has touched a high and low of Rs. 655.00 and Rs. 643.85 respectively. So far 2135 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 776.25 on 09-Feb-2017 and a 52 week low of Rs. 109.00 on 04-Apr-2016.
Last one week high and low of the scrip stood at Rs. 670.00 and Rs. 627.30 respectively. The current market cap of the company is Rs. 1753.51 crore.
The promoters holding in the company stood at 58.88%, while Institutions and Non-Institutions held 9.29% and 31.84% respectively.
Indian Metals & Ferro Alloys has received approval from Ministry of Environment, Forest & Climate Change (MoEF & CC) for enhancement of Environment Clearance (EC) of Unit 2 at Choudwar to 96,000 tonnes per annum (TPA) ferro chrome from the existing 76,000 TPA which will improve capacity utilization.
Indian Metals and Ferro Alloys is a producer of ferro chrome/ferro alloys. The company operates through two segments - Ferro Alloys and Power.