Indian Metals and Ferro Alloys Ltd prepays term debt of Rs. 181 crores

Indian Metals and Ferro Alloys Ltd has prepaid the term debt of Rs 181 Crores as on date and after payment of normal installments for the quarter ending 31st December 2021 the Company's Long term debt will reduce to Rs 143.94 Crores and it will become net debt free.

Shares of Indian Metals & Ferro Alloys Limited was last trading in BSE at Rs. 884.45 as compared to the previous close of Rs. 873.25. The total number of shares traded during the day was 11280 in over 668 trades.

The stock hit an intraday high of Rs. 900.00 and intraday low of 881.10. The net turnover during the day was Rs. 10042833.00.

Source : Equity Bulls

Keywords

IndianMetalsandFerroAlloys INE919H01018 IMFA DebtPrepayment