Monday, 23 October 2017

INDIAN METALS & FERRO ALLOYS (IMFA)


Dear Readers,
 My next report is on "Indian Metals & Ferro Alloys" and stock is running near about 725 Rs.

It seems stock price is higher but it shall give good return.

You can buy IMFA tomorrow at 690-710 Rs range as company has posted June quarter result which is fantastic and company has reported June quarter 2017 revenue 1.7 times higher compare to June quarter 2016 and company has turned profit and reported 99.92 Cr profit in June quarter 2017 compare to June quarter 2016 loss -30.35 Cr.

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Dear Readers,

I told you to buy this stock in the range of 690-710 Rs but today it came down to 635 Rs after posting September'2017 result in which comp has posted only 7 Cr. Rs profit and due to that stock has crashed from 755 to 625 Rs.

Friends, Company is in cyclic business so profit will vary every quarter.

Now it good atleast you can purchase at 635 Rs.

Still i am positive about this company why?

Read full report on
 
http://kamleshstockfayada.com/fundamental_stock_details.php?id=36 

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