Indian Metals and Ferro Alloys Ltd's expansion proposal for 96,000 TPA ferro chrome and 10 MW waste heat recovery boiler at Kalinga Nagar, Jajpur District, Odisha entailing capex of Rs 547.19 crores has been approved by the State Level Single Window Clearance Authority of the State Government. The project will be taken up in due course once land is allotted and other formalities are completed.
Shares of INDIAN METALS & FERRO ALLOYS LTD. was last trading in BSE at Rs.199.55 as compared to the previous close of Rs. 193.25. The total number of shares traded during the day was 4503 in over 435 trades.
The stock hit an intraday high of Rs. 206.75 and intraday low of 191.6. The net turnover during the day was Rs. 915108.