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Indian Metals & Ferro Alloys Ltd (IMFA) is one of India’s largest fully integrated producers of ferro alloys, supplying key raw materials to the steel and metal industries globally. Known for its strong operational capabilities, in-house power generation, and sustainable mining practices, the company has shown consistent growth and resilience in recent years.
In this article, we will analyze Indian Metals & Ferro Alloys Ltd’s (IMFA) share price target from 2025 to 2030, along with its financial data, shareholding structure, and long-term growth outlook.
Indian Metals & Ferro Alloys Share Price Today (As of November 2025)
| Detail | Value |
|---|---|
| Open | ₹1,214.80 |
| Previous Close | ₹1,210.10 |
| Day’s High | ₹1,275.00 |
| Day’s Low | ₹1,176.30 |
| 52-Week High | ₹1,275.00 |
| 52-Week Low | ₹549.80 |
| Market Capitalization | ₹6,618 Cr |
| Volume | 1,008,939 |
| Value (Lacs) | ₹12,375.65 |
| VWAP | ₹1,238.58 |
| Beta | 0.87 |
| Face Value | ₹10 |
| Book Value Per Share | ₹435.23 |
| Dividend Yield | 1.63% |
| 20D Avg Volume | 157,256 |
| 20D Avg Delivery (%) | 43.03% |
| UC Limit | ₹1,452.10 |
| LC Limit | ₹968.10 |
| All-Time High | ₹1,275.00 |
| All-Time Low | ₹45.98 |
About Indian Metals & Ferro Alloys Ltd
Founded in 1961, IMFA is a leading player in India’s ferrochrome and ferroalloy industry. The company operates two fully integrated manufacturing facilities in Odisha and also owns captive chrome ore mines and power plants, giving it a significant cost advantage.
IMFA’s products are widely used in the production of stainless steel, and the company exports a large portion of its output to Europe, Japan, and other global markets.
Key Highlights
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Fully Integrated Operations: Own chrome ore mines and captive power plants ensure cost efficiency.
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Export-Oriented Business: Strong global presence with consistent demand from stainless steel producers.
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Stable Financials: Healthy book value per share of ₹435.23 indicates solid fundamentals.
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Growing Market Cap: Now valued at ₹6,618 crore, reflecting investor confidence.
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Commitment to Sustainability: Focus on renewable power and responsible mining practices.
Indian Metals & Ferro Alloys Shareholding Pattern (September 2025)
| Investor Type | Holding (%) |
|---|---|
| Promoters | 58.69% |
| Retail & Others | 37.41% |
| Foreign Institutions | 3.69% |
| Other Domestic Institutions | 0.11% |
| Mutual Funds | 0.10% |
The high promoter holding indicates strong management commitment, while significant retail participation shows growing public trust in IMFA’s performance and prospects.
Indian Metals & Ferro Alloys Share Price Target 2025 to 2030
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 1,250 | 1,320 |
| 2026 | 1,400 | 1,520 |
| 2027 | 1,600 | 1,750 |
| 2028 | 1,850 | 2,000 |
| 2029 | 2,100 | 2,250 |
| 2030 | 2,350 | 2,550 |
These projections are based on IMFA’s production capacity, global ferrochrome demand, and its ongoing operational expansion.
Year-Wise Analysis & Investment Insights
✅ Indian Metals & Ferro Alloys Share Price Target 2025: ₹1,250 – ₹1,320
In 2025, IMFA is likely to maintain steady growth supported by rising ferrochrome prices and increased demand from global steel manufacturers.
Why?
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Expansion in stainless steel production globally.
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Cost efficiency from captive power and mines.
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Low beta (0.87) indicating moderate volatility.
Investment Advice: Suitable for medium-term investors; potential for stable growth and dividends.
✅ Indian Metals & Ferro Alloys Share Price Target 2026: ₹1,400 – ₹1,520
By 2026, IMFA could see earnings growth as global stainless steel demand rebounds and domestic infrastructure spending rises.
Why?
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Growing export orders.
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Improved operational margins due to energy efficiency.
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Strong promoter-led management ensuring stable governance.
Investment Advice: Hold and accumulate on dips for long-term compounding returns.
✅ Indian Metals & Ferro Alloys Share Price Target 2027: ₹1,600 – ₹1,750
In 2027, IMFA may benefit from favorable commodity cycles and cost-efficient production.
Why?
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Increasing chrome ore output.
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Expansion in renewable power generation.
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High book value supports strong asset base.
Investment Advice: Long-term investors can expect consistent appreciation and dividend payouts.
✅ Indian Metals & Ferro Alloys Share Price Target 2028: ₹1,850 – ₹2,000
IMFA could see significant gains by 2028 due to export market expansion and product diversification.
Why?
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Technological upgrades improving alloy quality.
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Entry into new export markets.
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Enhanced profit margins and ROE growth.
Investment Advice: Suitable for long-term portfolios aiming at wealth creation.
✅ Indian Metals & Ferro Alloys Share Price Target 2029: ₹2,100 – ₹2,250
In 2029, the company might cross the ₹2,000 mark as demand for ferroalloys rises globally.
Why?
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Integration of digital systems for production efficiency.
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Higher ferrochrome prices and strong export volume.
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Stable dividend policy.
Investment Advice: Continue holding; consider reinvesting dividends for compounding.
✅ Indian Metals & Ferro Alloys Share Price Target 2030: ₹2,350 – ₹2,550
By 2030, IMFA may establish itself as a global ferroalloy leader from India.
Why?
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Sustainable growth through self-sufficient operations.
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Expansion of capacity and power infrastructure.
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Robust financial health and global partnerships.
Investment Advice: Excellent choice for investors focusing on core industrial and metal sectors for long-term gains.
Should You Invest in Indian Metals & Ferro Alloys Ltd for the Long Term?
Yes. IMFA offers strong long-term potential due to its integrated operations, consistent profitability, and healthy promoter backing. The company’s focus on sustainability and cost control makes it a reliable pick in the metal and mining sector.
Key Reasons to Invest
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Captive chrome ore and power plants lower costs.
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Low volatility (Beta 0.87).
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Strong promoter holding (58.69%).
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Attractive dividend yield of 1.63%.
Risks to Consider
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Dependency on global stainless steel demand.
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Price fluctuations in ferrochrome markets.
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Regulatory changes in mining and power sectors.
Conclusion
Indian Metals & Ferro Alloys Ltd (IMFA) has shown remarkable growth and operational efficiency over the years. With its all-time high at ₹1,275 and strong fundamentals, the stock holds significant potential for long-term investors.
Currently trading around ₹1,214.80, IMFA is projected to reach ₹2,550 by 2030, driven by strong export demand, efficient production, and strategic expansion in renewable energy and mining.
For investors seeking exposure to India’s fast-growing metal and mining sector, IMFA is a promising stock for both capital appreciation and steady dividend returns.
Frequently Asked Questions (FAQs)
1. What is the current share price of Indian Metals & Ferro Alloys Ltd?
As of November 2025, IMFA is trading around ₹1,214.80 per share.
2. What is the share price target for IMFA in 2025?
The 2025 target is projected between ₹1,250 and ₹1,320.
3. What could be the share price target for 2030?
By 2030, IMFA may reach between ₹2,350 and ₹2,550.
4. What is IMFA’s dividend yield?
The company offers a dividend yield of 1.63%.
5. Is IMFA a good long-term investment?
Yes, with strong fundamentals and stable growth, IMFA is suitable for long-term investors.
6. Who are the major shareholders of IMFA?
Promoters hold 58.69%, and retail investors own 37.41% of the company.
7. What are the major growth drivers for IMFA?
Global ferrochrome demand, domestic infrastructure growth, and cost-efficient production.
Disclaimer: This article is for educational purposes only. Please consult a financial advisor before making any investment decisions.
