Indian Metals and Ferro Alloys Limited Stock

Indian Metals and Ferro Alloys Limited is an India-based integrated producer of value added ferro chrome with installed furnace capacity of approximately 190 MVA capable of producing 284,000 tons per annum. The Company has manufacturing complexes in Therubali and Choudwar backed up by captive power generation of 204.5 megawatts (MW) (including 4.5-Megawatt peak (MWp) solar) and owns chrome ore mines in Sukinda and Mahagiri. Its segments include Ferro Alloys, Power and Mining. Ferro Alloys segment exports ferro alloys to the primary hub of stainless-steel production in the Far East, including China, Japan and Taiwan. Mining segment operates two chrome mines where all the ore extracted is used for captive consumption. Power segment includes captive power plants consisting of 170 MW of coal-based generation, 30 MW of generation based on coal and furnace gas and 4.55 MW of solar power generation. Its subsidiaries include IMFA Alloys Finlease Ltd, Utkal Coal Ltd and Indmet Mining Pte. Ltd.