InvestorQ : I am holding ferro alloys stock, it's hitting LC from the past 2 days, there is a news vedanta is buying ferro alloys. please clarify will small investors get money or they lost their investment money ?
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I am holding ferro alloys stock, it's hitting LC from the past 2 days, there is a news vedanta is buying ferro alloys. please clarify will small investors get money or they lost their investment money ?

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vidhya Laxmi answered.
2 years ago
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I think you are talking about Ferro Alloys Corporation (FACOR) which Vedanta is planning to take a stake in. It is not clear the price that will be paid but I don’t think that small investors will get anything out of it as the company is deep in debt and is also making losses. For Vedanta, this adds manganese to their portfolio after becoming almost a market leader in copper, aluminium, zinc, iron ore and crude oil. As an investor, you should not expect much as this is largely dependent on prices and Chinese demand.

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