IFGL Refractories Limited

NSE: IFGLREFRAC | BSE: 532133 | ISIN: INE023B01012 | Industry: Other Industrial Goods
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Monarch Networth Capital Limited
stream by Mar-2020 and has a revenue potential of Rs ~900-1000 mn on a capex of Rs Others ~150 mn. IFGL's second expansion would be in Vizag, which would entail a capex of Rs Source: BSE, *as on 29th July 2019 ~500 mn and would be done over 3 phases with a revenue potential of Rs ~2500-3000 mn. Vizag expansion would add new products, help IFGL service steel plants in the south, lower logistics costs and boost exports. Global subsidiaries well placed to deliver: IFGL's ~52% revenue comes from its global subsidiaries, with Monocon contributing 28%, EI ceramics contributing 15% and Hofmann adding 9% to the consolidated revenue. EI ceramics has been the best...
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