One of the metal stocks engaged in aluminum recycling and the manufacturing of ferroalloys, producing products such as aluminum deox, alloy ingots, and automobile components. The stock has jumped 3.19 percent after incorporating a new wholly owned subsidiary, Arfin Titanium and Speciality Alloys Limited.
Stock Price Movement
In Thursday’s trading session, Arfin India Limited’s share price jumped by 3.19 percent from the previous close of Rs. 33.19. The stock opened at Rs. 33.85 and is currently trading at Rs. 34.19. It reached a high of Rs. 34.51 and a low of Rs. 33.30. The company’s market capitalization is now approximately Rs. 576.86 crore.
What Happened
Arfin India Limited has incorporated a new wholly owned subsidiary, Arfin Titanium and Speciality Alloys Limited, on January 14, 2025. The subsidiary, with an authorized capital of Rs. 1 crore and paid-up capital of Rs. 10 lakh, is 100% owned by Arfin India.
The new wholly owned subsidiary will be engaged in manufacturing, processing, and trading ferrous and non-ferrous metals, alloys, and related products.
Future Expansion
Arfin India Limited plans significant growth through a 60% increase in installed capacity over the next decade, with an investment of Rs. 50 crore. The company is focusing on high-margin products, strategic alliances, and renewable energy projects to reduce carbon footprints.
Additionally, Arfin aims to optimize its portfolio and expand geographically, driving further growth and sustainability.
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Products and services
Arfin India Limited specializes in producing aluminum alloys, ingots, and secondary aluminum from recycled materials, promoting sustainability.
The company also offers services like consultation, quality assurance, logistics, and technical support, aiming to optimize production, ensure industry standards, and strengthen its market position in the aluminum industry.
Recent quarter results
Arfin India Limited’s revenue has increased from Rs. 134.22 crore in Q2 FY24 to Rs. 149.11 crore in Q2 FY25, which has grown by 11.09 percent. The net profit of Arfin India Limited has also grown by 48.28 percent from Rs. 1.74 crore in Q2 FY24 to Rs. 2.58 crore in Q2 FY25.
Company Overview
Arfin India Limited was established in 2005 and is based in Mumbai, India. The company specializes in manufacturing and trading non-ferrous metals, particularly aluminum and copper products. The company focuses on providing high-quality metal solutions for various industrial applications.
Written By – Nikhil Naik
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