Indian Metals & Ferro Alloys Ltd prepays Rs. 127.65 crores debt

Indian Metals & Ferro Alloys Ltd has further prepaid the long term debt of Rs 127.65 Crores thereby making the total prepayment of Rs 308.65 Crore till date. After payment of normal installments for the quarter ending 31st March 2022, the Company will have miscellaneous loans of Rs 14.28 Crore which will be paid as per norms due to adverse prepayment conditions.

Shares of Indian Metals & Ferro Alloys Limited was last trading in BSE at Rs. 367.70 as compared to the previous close of Rs. 362.30. The total number of shares traded during the day was 24615 in over 1348 trades.

The stock hit an intraday high of Rs. 379.00 and intraday low of 359.50. The net turnover during the day was Rs. 9034207.00.

Source : Equity Bulls

Keywords

IndianMetalsandFerroAlloys INE919H01018 IMFA LongTermDebt Prepayment