Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Speaking to ET NOW, Brij Bhushan Agarwal of Shyam Metalics & Energy said, steel demand is cropping up again on the domestic front. The company expects stable steel prices in the coming Q4. On the question of domestic and global steel demand outlook, he said, 'we don't expect steel prices to change significantly anytime soon and expect domestic demand to be pretty decent'. He also adds that China decarbonisation will have a positive impact on Indian metals. Have capex plans for the sector been impacted due to environmental concerns? Watch the full interview here to find out about that and more.
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Domestic and Global Steel Demand Outlook | Brij Bhushan Agarwal, VC & MD, Shyam Metalics & Energy

The paid-up equity share capital of the company stands increased to ~Rs54cr divided into 5,39,54,106 equity shares of Rs10 /-each. ·

Indian Metals & Ferro Alloys allots bonus equity shares of ~2.70cr; Stock gains 2%

Consequently, the paid-up Equity Share Capital of the Company stands increased to Rs. 53,95,41,060 divided into 5,39,54,106 Equity Shares of Rs 10 /-each.

Indian Metals & Ferro Alloys allots 2.69 cr equity shares under bonus issue

Indian Metals & Ferro Alloys prepaid a term debt of Rs 181 crore as on date and after the payment of normal installments in Q3 FY22, the firm’s long term debt will reduce to Rs 143.94 crore to become net debt free.

Indian Metals & Ferro Alloys prepays term debt amounting to Rs 181 cr

The Company’s Long term debt will reduce to Rs143.94cr and it will become net debt free.

Indian Metals & Ferro Alloys prepays term debt of Rs181cr; Stocks ends 1% up

Indian Metals & Ferro Alloys Ltd., incorporated in the year 1961, is a Small Cap company (having a market cap of Rs 2416.60 Crore) operating in Metals - Ferrous sector.

Buy Indian Metals & Ferro Alloys, target price Rs 920: HDFC Securities

Notably, the company has fixed January 10, 2022, as the record date for the purpose of ascertaining the eligibility of shareholders entitled for issuance of above Bonus Equity Shares.

Indian Metals & Ferro Alloys board nods bonus issue in 1:1 ratio; Stock climbs 2%

The company’s board has approved the issue of bonus share in the ratio of 1:1 and fixed January 10 as the record date

Indian Metals Share Price Gains 3% On Bonus Share Approval

Indian Metals & Ferro Alloys (IMFA) board has approved a bonus issue in the ratio of 1:1. Subhrakant Panda, the Managing Director of the company, joins in to tell us more about the way ahead and how is the business shaping up for them.

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Subhrakant Panda Speaks On IMFA's Bonus Issue & Biz Outlook | Chartbusters | CNBC-TV18

Indian Metals & Ferro Alloys said that its board has approved issue of bonus equity shares in the ratio of one new equity bonus share for every one existing equity share of the company held by the shareholders as on the record date.

Indian Metals board OKs 1:1 bonus issue

The company has fixed January 10, 2022 as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of above bonus equity shares

Indian Metals to issue bonus shares in 1:1 ratio

Indian Metals and Ferro Alloys Limited is a holding producing ferro chrome/ferro alloys.

Indian Metals and Ferro Alloys Ltd

Indian Metals and Ferro Alloys Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Domestic and Global Steel Demand Outlook | Brij Bhushan Agarwal, VC & MD, Shyam Metalics & Energy

Indian Metals & Ferro Alloys allots bonus equity shares of ~2.70cr; Stock gains 2%

Indian Metals & Ferro Alloys allots 2.69 cr equity shares under bonus issue

Indian Metals & Ferro Alloys prepays term debt amounting to Rs 181 cr

Indian Metals & Ferro Alloys prepays term debt of Rs181cr; Stocks ends 1% up

Buy Indian Metals & Ferro Alloys, target price Rs 920: HDFC Securities

Indian Metals & Ferro Alloys board nods bonus issue in 1:1 ratio; Stock climbs 2%

Indian Metals Share Price Gains 3% On Bonus Share Approval

Indian Metals and Ferro Alloys Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Domestic and Global Steel Demand Outlook | Brij Bhushan Agarwal, VC & MD, Shyam Metalics & Energy

Indian Metals & Ferro Alloys allots bonus equity shares of ~2.70cr; Stock gains 2%

Indian Metals & Ferro Alloys allots 2.69 cr equity shares under bonus issue

Indian Metals & Ferro Alloys prepays term debt amounting to Rs 181 cr

Indian Metals & Ferro Alloys prepays term debt of Rs181cr; Stocks ends 1% up

Buy Indian Metals & Ferro Alloys, target price Rs 920: HDFC Securities

Indian Metals & Ferro Alloys board nods bonus issue in 1:1 ratio; Stock climbs 2%

Indian Metals Share Price Gains 3% On Bonus Share Approval

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock