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high risk trading call
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Topic: high risk trading call (Read 415 times)
money
Jr. Member
Posts: 92
high risk trading call
«
on:
May 07, 2008, 01:35:23 AM »
buy Impex Ferro Tech (BSE: 532614 | NSE: IMPEXFERRO | ISIN: INE691G01015) @ 20 -21
exit @ 31.50 33
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frank
Newbie
Posts: 45
Re: high risk trading call
«
Reply #1 on:
May 14, 2008, 12:40:07 AM »
Hi money
yes ur call is great
its getting new high
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money
Jr. Member
Posts: 92
Re: high risk trading call
«
Reply #2 on:
May 14, 2008, 10:08:11 PM »
its touched 26.50
Business Profile
Impex Ferro Tech (IMPEX), part of the Impex group, is engaged in the business of manufacturing and marketing ferro alloys. The company was incorporated on June 7, 1995 and is based in Kolkata, West Bengal.
The company manufactures ferro alloys like silico manganese, high carbon ferro manganese and medium carbon ferro manganese. Ferro alloys are used for deoxidation, desulphurisation and refining of steel. The use of ferro manganese and silico manganese in the production of carbon steel is primarily because of refining and deoxidation of steel.
The company has its manufacturing facility in West Bengal. The company has four submerged arc furnaces with a total furnace capacity of 24.35 MVA and an installed capacity of 35,500 MT of silico manganese, 49,000 MT of ferro manganese, and 6,000 MT of medium carbon ferro manganese. The company is ISO 9001:2000 certified.
The registered office of the company is at 35, Chittaranjan Avenue, 4th Floor, Kolkata-700012, West Bengal.
Financials
Impex Ferro Tech registered a 3.57% growth in net profit to Rs 8.7 million for the quarter ended June 2007 from a profit of Rs 8.4 million for the quarter ended June 2006.
Net sales rose 10.11% to Rs 548.8 million for the quarter ended June 2007 from Rs 498.4 million for the quarter ended June 2006.
Total income rose 8% to Rs 545.4 million for the quarter ended June 2007 from Rs 505 million for the quarter ended June 2006.
The earnings per share (EPS) of the company stood at Rs 0.35 for the quarter ended June 2007.
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