How Indian Metals & Ferro Alloys shares performed post Q2; profit up 51%, ₹5 dividend; what drove performance?

Indian Metals & Ferro Alloys reported a 51.4% year-on-year rise in September-quarter net profit to ₹147.76 crore, while profit fell 23.3% sequentially. Revenue increased 34.7% annually, and the company declared a ₹5 interim dividend. Shares rose 2.5% to ₹1,126.

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