India's Cosmo Ferrites jumps on anti-dumping duty on Chinese imports

Cosmo Ferrites

19/03/2025 08:54

** Cosmo Ferrites CSFR.BO rises 5% to 218.5 rupees

** Indian government imposes anti-dumping duty of up to 35% on imports of soft ferrite cores from China for five years to protect domestic industry from cheaper imports

** Co says anti-dumping duty on Chinese ferrite core imports will enable higher capacity utilization, improve margins per unit

** CSFR sheds 34.3% YTD vs 7.2% rise in BSE Metal index .BSEMET

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))