IFGL Refractories: The Joint Venture Agreement dated October 14, 2024 (JVA), entered into by IFGL Refractories Limited (the…
IFGL Refractories (IFGLEXPOR) filed a disclosure titled "The Joint Venture Agreement dated October 14, 2024 (JVA), entered into by IFGL Refractories Limited (the Company) with Marvels International Group Company Limited". The company is valued at about…
What happened
IFGL Refractories (IFGLEXPOR) filed a disclosure with the exchanges on 14 October 2026 at 04:45 PM titled "The Joint Venture Agreement dated October 14, 2024 (JVA), entered into by IFGL Refractories Limited (the Company) with Marvels International Group Company Limited".
Company snapshot
IFGL Refractories is a small-cap company, with a market value of about ₹1,304 crore.
The stock last traded at ₹180.9, against a 52-week range of ₹119.7–₹268 (32.5% below the high).
Before this filing the shares had moved −12.2% over the month and −18.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.48 crore.
Promoters held 72.43% at the end of Q1 FY27. Foreign institutions owned 0.03% and domestic institutions 13.01%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 454 | 10.8 | 1.5 |
| Q2 FY26 | 489 | 12.7 | 1.76 |
| Q3 FY26 | 469 | -3.1 | -0.43 |
| Q4 FY26 | 483 | 14.3 | 1.98 |
| Q1 FY27 | 512 | 17.1 | 2.37 |
What history shows
This is not the company's first corporate update disclosure: BCEIE has 8 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 2.3% on average the next trading day and was down 0.1% on average after five days (7 filings with price data).
Market-wide, 185 corporate update filings with an impact score of 50 or more saw an average next-day move of −0.7%, with 35% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 28 Sept 2026 | Corporate update | −0.7% | −6.3% |
| 28 Sept 2026 | Kindly be informed that following above provisions, 47,354 Equity… | −0.7% | −6.3% |
| 29 Aug 2026 | Corporate update | −3.5% | −5.4% |
| 27 Aug 2026 | Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And… | +0.2% | −3.5% |
| 13 Jul 2026 | Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And… | −0.8% | −6.3% |
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.