Facor Steels Limited

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Facor Steels Limited https://www.indiamart.com/facorsteels-limited/ This Company belongs to FACOR Group owned by Saraf Family. Ferro Alloys Corporation Ltd (FACOR) was established in the year 1956 for production of ferromanganese at Garividi Andhra Pradesh and diversified to production of ferro chrome and charge ... About Us This Company belongs to FACOR Group owned by Saraf Family. Ferro Alloys Corporation Ltd (FACOR) was established in the year 1956 for production of ferromanganese at Garividi Andhra Pradesh and diversified to production of ferro chrome and charge chrome at Randia Orissa. As a major step towards forward integration, FACOR took over the mini-steel plant located at Nagpur in the year 1978 for manufacture of Carbon, Alloy, Stainless and other special steels as FACOR Steel Division. Thereafter, through innovative and sophisticated technological developments, has been able to develop and manufacture critical grades of alloy and stainless steel to meet stringent requirements of customers both in India and abroad. It is now a leading alloy steel producer in the country and has been successful in exporting special stainless steel products all over the world with a focus on developed countries, apart from catering to critical requirements of Automobile, Railways, Defence, Chemical, Heavy Machinery and Engineering sectors in the domestic market. The erstwhile FACOR (Steel Division) is now an independent company known as FACOR STEELS LIMITED, part of FACOR Group of Companies. For more information, please visit https://www.indiamart.com/facorsteels-limited/aboutus.html OTHER PRODUCTS P r o d u c t s & S e r v i c e s Angles Angles Angles (A-03) Rounds P r o OTHER PRODUCTS: d u c t s & S e r v i c e s Rounds (R-02) Bright Bar (Bb-02) Ingot Billets(Round Corner Square) P r o OTHER PRODUCTS: d u c t s & S e r v i c e s Blooms Hexagon Bright Bar (Bb-01) Sharpe Corner Square F a c t s h e e t Year of Establishment : 1956 Nature of Business : Exporter CONTACT US Facor Steels Limited Contact Person: Umashankarji Agrawal 46 A And B, Midc Industrial Estate, Nagpur Nagpur - 440028, Maharashtra, India https://www.indiamart.com/facorsteels-limited/.

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Assessing Corporate Financial Distress in Selected Steel Companies in India: an Application of Altman’S Model
IC Value 2016 : 61.33| SJIF Impact Factor(2017) : 7.144| ISI Impact Factor (2013): 1.259(Dubai)|UGC J No :47335 Research Paper Volume - 6, Issue- 1,January 2018| e-ISSN : 2347 - 9671| p- ISSN : 2349 - 0187 EPRA International Journal ofEconomic and Business Review ASSESSING CORPORATE FINANCIAL DISTRESS IN SELECTED STEEL COMPANIES IN INDIA: AN APPLICATION OF ALTMAN’S MODEL Dr. Chetana R. Marvadi Assistant Professor, S.D. School of Commerce, Gujarat University,Navrangpura, Ahmedabad-380009, Gujarat, India ABSTRACT Measuring the financial health of a firm has been an extremely important need for both managers as well as investors. Several tools were developed to diagnose the financial strength of a Company based on the Financial Statements. Ratio Analysis, and Decision Theory etc., but they indicate the present result not the future. Edward I. KEYWORDS: Altman’s discriminant analysis, which employs a combination of various ratios to form an index of liquidity, profitability, sustainability and feasibility, has been highly Steel Sector, Z-Score accurate in analyzing the present state of financial health of a firm as well as to enable Model, Ratio Analysis, one to predict the future, particularly in terms of probability of bankruptcy.This Financial Health paperattempts to investigate the financial health of selected Steel companies in India.The period of study is ten years from 2006-07 to 2015-16.. As per the calculated Z-Score, Ferro Alloys Corporation Ltd falls in to too healthy zone. Bajaj Industry Steel Limited,Steel authority Of India Limited, Steel Exchange of India Limited and Uttam Galva Steel Limited fall in to healthy zone.
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Ferro Alloy Industry: Present Status and Future Outlook
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(AT) (Insolvency) No
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Ferro Alloys Corporation Ltd
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