Indian Metals & Ferro Alloys (IMFA) reported a weak set of Q2 numbers on the back of price volatility. In an interview to CNBC-TV18, Subhrakant Panda, MD of IMFA spoke about the results and his outlook for the company.
In an interview to CNBC-TV18, Subhrakant Panda, MD of Indian Metals and Ferro Alloys spoke about the results, chrome ore prices and also gave his outlook for the company.
Rise in benchmark prices which ultimately leads to an increase in ferrochrome prices will add significantly to Indian Metals and Ferro Alloys's margins in the fourth quarter, according to Managing Director Subhrakant Panda.