Profile
The Indsil Group has a key presence in the ferro chrome and low carbon silico manganese industries.Both products are important ingredients in Stainless Steel making.Indsil runs a 75,000 tpy ferro chrome smelter in the Sultanate of Oman along with captive chrome mine resources.Indsil’s capacity for low carbon silico manganese is 45,000 tpy located across 3 smelters within India.The group also runs 2 captive power plants viz., a 21 MW hydro power
plant in Rajakkad, Idukki Dist., Kerala and a 12 MW Coal fired plant in
Raipur, Chattisgarh.
company posted excellent results 10cr for last nine months vs 1.89cr last year
power division posting 5 cr per quarter .ferro posted 5cr loss expecting 8 eps for fullyear. and 10% div .
As per valuation per mw valuation should be 3 cr 3*33mw=99 cr for power div
AT PRESENT M CAP IS ONLY 47 CR SO STOCK CAN TOUCH 50RS IN NEXT SIX MONTHS
