ELECTCAST
(1D) CMP : 114.45
• Hovering Near All time High above all KMA
• can see New All time High soon
• Price corrected approx 11% from All time High
• Formed a Base Taking Support of KMA
Sector : Automobile & Ancillaries
Industry : Casting / Forgings
Market Cap : 6,805.26 cr.
Category : Small Cap
PE : 16.31
Industry PE : 27.65
PEG : 0.79
About Company
Electrosteel Castings (ECL), incorporated in 1955, is engaged manufacturing solutions for water supply and sewerage systems. Products and services: (1) Ductile Iron Pipes- The company is largest manufacturer in India and one of the few manufacturer in the world of ductile iron ("DI") spun pipes. These pipes have application in transmission of water, gas and industrial effluent, fire- fighting system and many more. (2) Ductile Iron Fitting- The company is engaged in manufacturing of socket and spigot push-on joints, mechanical flexible joints and flanged joints. (3) Turnkey Projects- ECL also undertakes infrastructure projects such as municipal water supply pipeline contracts and integrated water supply contracts on EPC (Engineering, Procurement & Construction) basis.
Electrosteel Castings (ECL), incorporated in 1955, is engaged manufacturing solutions for water supply and sewerage systems.
Growing from strength to strength over half a century, Electrosteel Castings Limited is inspired by a strong legacy and motivated by the vision to remain world-class through a focus on quality products and quality services. Today the Company is India's leading pipeline solution. provider. It has a strong brand presence around the globe and has one prevailing aim to remain the first choice in the market segment by becoming an international benchmark. An industry pioneer in India, Electrosteel has always remained the distinct choice for water engineers and domain experts in Ductile Iron Pipes and Fittings.
Apart from meeting the growing demand for DI Pipes in India successfully, Electrosteel has established a strong foothold in the international markets. It caters to a large. customer base in 35 countries spread across the Indian subcontinent, South East Asia and the Middle East, Europe, USA, South America and Africa. ECL has been certified for ISO 9001: 2000 standard by different bodies such as IRQS and BSI for the manufacture of DI pipes for water, sewerage, gas and ash transportation. Electrosteel has been accorded the status of a three star export house in accordance with the provisions of the exim policy.
The company has clientele in Europe, the Gulf, Southeast Asia and Africa.
In 2011 Electrosteel entered into Joint Venture Agreement (JV) with Dart Energy Ltd.
Products and services
Ductile Iron Pipes. The company is largest manufacturer in India and one of the few manufacturer in the world of ductile iron ("DI") spun pipes. These pipes have application in transmission of water, gas and industrial effluent, fire-fighting system and many more.
Ductile Iron Fitting The company is engaged in manufacturing of socket and spigot push-on joints, mechanical flexible joints and flanged joints.
Turnkey Projects ECL also undertakes infrastructure projects such as municipal water supply pipeline contracts and integrated water supply contracts on EPC (Engineering, Procurement & Construction) basis. Presently the company is involved in contracts located Rajasthan, Jammu & Kashmir, Delhi, MP, Gujarat, Kerala and Karnataka.