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IMFA plans shift in production site to save Rs 100 crore in costs: Company aims for output of 400,000 tonnes in current fiscal year
Indian Metals and Ferro Alloys (IMFA) is set to achieve substantial cost reductions and boost its production. By relocating operations from Therubali to Kalinganagar, the company aims for a remarkable output increase of nearly ninety percent over the next two years. The Therubali facility will repurpose to accommodate a new ethanol production unit, enhancing overall operational capabilities.
SBI Securities prefers HDFC Bank, sees long-term upside in metals
Sunny Agarwal, Head Fundamental Research, Retail Desk at SBI Securities, remains positive on private banks, preferring HDFC Bank over Kotak Mahindra Bank after the lender received a clean legal review. He says Persistent Systems' acquisition benefits may take up to eight quarters to materialise, while slower growth remains a near-term concern. Agarwal is also bullish on the metals sector, with Indian Metals & Ferro Alloys as his top pick, and remains positive on Astral over the long term despite near-term challenges.
Indian Metals & Ferro Alloys consolidated net profit rises 118.13% in the March 2026 quarter
Sales rise 34.58% to Rs 763.29 crore
Stocks to Watch today: Vodafone Idea, ONGC, Suzlon, RVNL, Premier Energies
Stocks to Watch today, May 26, 2026: Hitachi Energy, Container Corp, IRCTC, Indian Metals & Ferro Alloys are among the top stocks to watch during today's trading session
The new Indian investor is confident and connected, but are they informed
Enabling investors to understand risk, avoid common mistakes and build consistency in their approach can contribute to a more stable and resilient market ecosystem, notes Milan Parikh, Chairman & Managing Director, Jainam Broking Limited.
RBI Announces Cancellation Of Certificate Of Registration For 36 Companies
The RBI announced the cancellation of CoR of Premier Ferro Alloys & Securities Ltd.
Buy Indian Metals and Ferro Alloys; target of Rs 1860: Anand Rathi
Anand Rathi is bullish on Indian Metals and Ferro Alloys recommended buy rating on the stock with a target price of Rs 1860 in its research report dated May 28, 2026.