Jun 29, 2021 07:48 AM IST
IFGL is a proxy play for the increased production of steel, likely to be seen in FY22 and FY23. Investors can accumulate this stock and add on decline. We had also recommended IFGL back in April 2021. We expect revenue growth of 10 percent and 12 percent respectively for FY21 and FY22. IFGL is trading at a P/E multiple of 14x/11x FY22E and FY23E respectively.
- Jun 28, 2021 10:29 AM IST
IFGL is a proxy play for the increased production of steel, which is likely in FY22 and FY23
- Apr 06, 2021 09:52 AM IST
IFGL has recommended a dividend of Rs 2.50 per share in FY20, and we expect a higher dividend payout or a buyback, thanks to higher cash surplus
- Feb 17, 2021 10:22 AM IST
- Dec 30, 2020 12:10 PM IST
The outlook on the long-term rating is 'Stable'. The short-term rating for the captioned LOC has been reaffirmed at 1 ICRAIAI+ (pronounced ICRA A one plus).
- Feb 13, 2017 03:24 PM IST
A remarkable swing in overseas performance is likely from January, says Pradeep Bajoria, MD of IFGL Refractories.
- Aug 08, 2016 03:23 PM IST
"Going forward, we expect things to be much better and we hope to achieve 10 percent growth and better profitability", Pradeep Bajoria, MD of IFGL Refractories said.
- Aug 10, 2015 03:37 PM IST
In an interview to CNBC-TV18, Pradeep Bajoria, Managing Director, IFGL Refractories shares his views on the company's Q1 numbers.
- May 19, 2015 12:05 PM IST
Going forward Pradeep Bajoria, MD, IFGL Refractories is hopeful of things turning around for the steel industry in FY16.
- Aug 25, 2014 01:40 PM IST
Vishal Jajoo of Nirmal Bang Securities recommends buying Jindal Steel & Power and Amtek India.
- Nov 19, 2013 04:16 PM IST
IFGL Refractories is hopeful that it will maintain its positive trend going forward after the company reported robust numbers for the quarter ended September 30