Chennai Ferrous Industries Ltd
Chennai Ferrous | 539011
Share Price Chart - Chennai Ferrous Industries Ltd
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About Company
- Chennai Ferrous Industries Limited, incorporated on May 7, 2010, was earlier engaged in the manufacture of Sponge Iron products
- However, in view of sluggish market demand, volatility in raw material prices, and regional demand supply imbalances, the Company strategically diversified into coal trading
- It is presently into trading in iron & coal related products
- Company is one of the resulting companies of demerged Kanishk Steel Industries Limited
- With the end of realigning the business operations undertaken by Kanishk Steel Industries Limited, all the assets and liabilities of the Sponge Iron Division of Kanishk Steel Industries Limited have been vested with the Company as a going concern basis
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Chennai Ferrous Industries Ltd?
The current share price of Chennai Ferrous Industries Ltd (Chennai Ferrous) is ₹91.60. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Chennai Ferrous Industries Ltd?
Chennai Ferrous Industries Ltd has a 52-week high of ₹147.95 and a 52-week low of ₹57.00. This range shows the stock's price volatility over the past year.
What is the ROE of Chennai Ferrous Industries Ltd?
Chennai Ferrous Industries Ltd has a Return on Equity (ROE) of 17.08%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
