Shares of Indian Metals and Ferro Alloys have gained nearly 80% in the last 12 months, outperforming the Nifty which has returned nearly 12% over the period.
Indian Metals & Ferro Alloys traded on the BSE on Friday at Rs. 901.30, up from Thursday’s closing price of Rs. closed down 9.20 or 1.01%.
The stock is currently trading at its 50-day and 200-day simple moving averages (SMA) of Rs. 821 and Rs. 729 is trading above. However, the stock has been quite volatile with a 1-year beta of 1.5 according to Trendlyne data.
Its market capitalization is Rs. 4,862.88 crores.
It is on December 9, 2024 at Rs. 998.40 , while its 52-week low on December 18, 2024 was Rs. was 472.
Established in 1961 in the eastern state of Odisha, known for its rich natural resources, IMFA is an integrated producer of value-added ferro chrome with 190 MVA installed furnace capacity supported by 204.55 MW of captive power generation capacity (including 4.55 MW of solar). Chrome ore mining tract.
Dolly Khanna is a Chennai-based investor who has been investing in the stock market since 1996. Her portfolio is managed by her husband Rajeev Khanna. Her portfolio includes manufacturing, textiles, chemicals and sugar stocks. As per the latest corporate shareholdings compiled by Trendlyne, she publicly held Rs. Holds 19 stocks with a net worth of Rs 469.6 crore.
Her other stocks include Chennai Petroleum, 20 Microns, MK Global, J Kumar Infraprojects, Nitin Spinners, Prakash Industries and Repco Home Finance.
Another prominent investor, Mukul Mahveer Aggarwal, also holds 1.11% stake in the company.
(Disclaimer: Recommendations, suggestions, opinions and views given by experts are their own. These do not represent the views of Economic Times)
(You can now subscribe to our ETMarkets WhatsApp channel)




















