Indian Metals & Ferro Alloys Reports Q2 Profit Up 51.4%
Indian Metals & Ferro Alloys reported a 51.4% year-on-year increase in consolidated profit for its September quarter. Shares closed 2.5% higher at Rs.1,126 after the results announcement.
New Delhi, Nov. 4 -- Shares of Indian Metals & Ferro Alloys (IMFA) ended Wednesday's trading session 2.5% higher at Rs.1,126 apiece following the announcement of its September-quarter results, which presented a mixed picture.The company reported a 51.4% year-on-year (YoY) increase in consolidated n…