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An announcement from Indian Metals & Ferro Alloys Ltd. ( (IN:IMFA) ) is now available.
Indian Metals & Ferro Alloys Limited announced the acquisition of a 26% shareholding in JSW Renew Energy Twelve Limited (JRETL) following the allotment of 1,28,07,000 equity shares. This strategic move enhances the company’s investment portfolio and strengthens its position in the renewable energy sector, potentially offering new growth opportunities and diversifying its interests beyond traditional metal and alloy production.
More about Indian Metals & Ferro Alloys Ltd.
Indian Metals & Ferro Alloys Limited operates in the metals and mining industry, primarily focusing on the production of ferro alloys. The company is a significant player in the market, providing essential materials for various industrial applications.
Average Trading Volume: 13,366
Technical Sentiment Signal: Buy
Current Market Cap: 72.44B INR
See more insights into IMFA stock on TipRanks’ Stock Analysis page.