Earthstahl & Alloys Ltd

BSE
BUY

1W Return

1M Return

6M Return

1Y Return

3Y Return

Start SIP in Earthstahl & Alloys Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
36.23% Fall from 52W High
-6.3
TTM PE Ratio
Price to Book Ratio
Below industry Median
1.7
Dividend yield 1yr %
High in industry
1
TTM PEG Ratio
RSI
RSI is mid-range
52.8
MFI
MFI strongly Overbought
83.1

Earthstahl & Alloys Ltd shareholding Pattern

Promoter
73.5%
Foreign Institutions
0.9%
Public
25.6%
Promoter
73.5%
Public
26.5%
Promoter
73.5%
Public
26.5%

Earthstahl & Alloys Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
9
Bearish Moving Averages
7
5Day EMA
49.70
10Day EMA
48.80
12Day EMA
48.50
20Day EMA
48.00
26Day EMA
47.90
50Day EMA
48.30
100Day EMA
50.00
200Day EMA
51.80
5Day SMA
50.30
10Day SMA
48.00
20Day SMA
47.40
30Day SMA
47.60
50Day SMA
47.00
100Day SMA
50.60
150Day SMA
51.90
200Day SMA
54.30
Delivery & Volume
Resistance & Support
49.36
Pivot
Resistance
First Resistance
49.71
Second Resistance
50.35
Third Resistance
50.70
Support
First Support
48.72
Second support
48.37
Third Support
47.73
Relative Strength Index
52.85
Money Flow Index
83.10
MACD
0.67
MACD Signal
0.10
Average True Range
2.73
Average Directional Index
19.61
Rate of Change (21)
2.21
Rate of Change (125)
-11.92
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Metal Coatings (India) Ltd.
-
-
-
Rathi Bars Ltd.
-
-
-
Riddhi Steel and Tube Ltd.
-
-
-
Bombay Wire Ropes Ltd.
-
-
-
Bonlon Industries Ltd.
-
-
-
Earthstahl & Alloys Ltd.
-
-
-
Vruddhi Engineering Works Ltd.
-
-
-

Earthstahl & Alloys Ltd Company background

Founded in: 2009
Earthstahl Alloys Ltd. was originally incorporated as a Private Limited Company under the name Earthstahl Alloys Private Limited on December 09, 2009 with the Registrar of Companies, Chhattisgarh. Subsequently, pursuant to Special Resolution passed by the Shareholders on August 27, 2022, Company converted into a Public Limited and consequently the name was changed to Earthstahl Alloys Limited vide a fresh certificate of incorporation dated September 21, 2022, issued by the Registrar of Companies, Chhattisgarh.Located in steel hub of Raipur Chhattisgarh, the Company is engaged in the business of manufacturing Cast Iron Lumps and Ductile IronPipe Fittings. The Cast Iron Lumps are used as raw material in the steel foundries to manufacture products like: cast iron pipe fittings,machine components such as latche machines, fan components, manhole covers, decorative cast iron pieces, cast iron pipe fittingand other units engaged in manufacturing of steel or cast iron products. Ductile Iron Pipe Fittings are used in public water supplysystems as connectors of pipes.The Company has manufacturing unit located in the Village Duldula about 50 KMs from Raipur, Chhattisgarh spread across an area of around 4.73 hectares of land. Presentlt, it is using waste generated by integrated steel plants, sponge iron plants and rolling mills in the manufacturing process as raw material and recover iron from the left out waste, thus conserving the environment. The plant islocated near to the source of raw material i.e. Bhilai Steel Plant of SAIL and other pellet and sponge iron plants located in Raipurand surrounding area. The strategic location of manufacturing facility ensures access to ferrous waste, steel scrap, pig iron (steel grade), carburizer, ferro alloys and other raw materials like: coal, coke and dolomite required in manufacturing process forming a substantial part of cost of production at a low logistic cost.In 2012, the Company started operations of manufacturing cast iron with one Submerged Electric Arc Furnace with capacity of 3.6MVA to manufacture 10,500 tonnes p.a. of Cast iron Lumps.During FY201415 due to sharp correction in price of steel and increase in price of electricity, the unit started incurring losses. Further due to delay in commissioning and stabilisation of foundry for manufacturing ductile iron pipe fittings, the losses increased. Consequently the plant faced shut down from March 2015 till March 2018. However, the plant resumed operation in March, 2018.In 2017, it started commercial production of manufacturing Ductile Iron Pipes fittings for which Lost Foam based Steel Foundry consisting of one induction furnace with two crucibles, one of 500 KG and another 1000 KG to produce Ductile iron pipe fittings of different dimensions, shapes and sizes used in water supply system was commissioned. Since the Company has been successful in manufacturing Ductile Iron Pipe Fittings of upto 600 mm width with accuracy, consistency smooth surface finish, it commissioned another Submerged Electric Arc Furnace with capacity of 5.5MVA to manufacture 15,750 MTs of Cast Iron lumps in year 2022.The Company is planning to raise capital from Public by issuing 32,40,000 Equity Shares through Fresh Issue.
Read More

Earthstahl & Alloys Ltd FAQs

You can easily buy Earthstahl & Alloys Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
or Resume your Application
+91 -

personImage