Indian Metals…Raising star
Company Name : Indian Metals & Ferro Alloys (BSE code: 533047) Industry: Mining and Minerals Investment Horizon : 3 years (This can give a consistent return over the investment horizon) Recommendation : Allocate not more than 10% of your portfolio, at a CMP of 497 is a value buy and try to add on dips About the Company: Established in 1961 in the Eastern State of Odisha known for its rich natural resources, IMFA is India's largest, fully integrated producer of ferro alloys with 187 MVA installed furnace capacity backed up by 258 MW captive power generation and extensive chrome ore mining tracts. They are unique from the quality perspective due to comprehensive ISO 9001 Quality Management certification besides ISO 14001 Environment Management and ISO 18001 Occupational Health & Safety certification. Over the years, we have developed long standing relationships with multi-nationals like POSCO of South Korea, Marubeni Corporation and Nisshin Steel of Ja