Nelcast Ltd

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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 %
26.43% Fall from 52W High
8.8
TTM PE Ratio
Below industry Median
22.9
Price to Book Ratio
Below industry Median
2.4
Dividend yield 1yr %
Below industry Median
0.3
TTM PEG Ratio
PEG TTM is less than 1
0.3
RSI
RSI is mid-range
52.5
MFI
MFI is mid-range
68.2

Nelcast Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Nelcast Ltd shareholding Pattern

Promoter
74.9%
Foreign Institutions
0.9%
Domestic Institutions
0.5%
Public
23.8%
Promoter
74.9%
Foreign Institutions
0.9%
Domestic Institutions
0.5%
Public
23.8%
Promoter
74.9%
Foreign Institutions
1%
Domestic Institutions
0.6%
Public
23.5%
Promoter
74.9%
Foreign Institutions
0.8%
Domestic Institutions
0.6%
Public
23.7%
Promoter
74.9%
Foreign Institutions
0.9%
Domestic Institutions
0.6%
Public
23.7%
Promoter
74.9%
Foreign Institutions
0.8%
Domestic Institutions
0.6%
Public
23.6%
Mutual Funds
0.6%
Mutual Funds
1.9%
Mutual Funds
2%
Mutual Funds
2%
Mutual Funds
2%
Mutual Funds
1.5%

Nelcast Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
7
Bearish Moving Averages
9
5Day EMA
143.10
10Day EMA
141.70
12Day EMA
141.40
20Day EMA
141.40
26Day EMA
141.90
50Day EMA
143.80
100Day EMA
146.60
200Day EMA
143.80
5Day SMA
144.00
10Day SMA
140.50
20Day SMA
139.00
30Day SMA
142.20
50Day SMA
146.00
100Day SMA
147.60
150Day SMA
155.00
200Day SMA
154.00
Delivery & Volume
Resistance & Support
143.97
Pivot
Resistance
First Resistance
145.28
Second Resistance
147.11
Third Resistance
148.42
Support
First Support
142.14
Second support
140.83
Third Support
139
Relative Strength Index
52.52
Money Flow Index
68.24
MACD
-0.43
MACD Signal
-1.70
Average True Range
5.81
Average Directional Index
27.92
Rate of Change (21)
-0.69
Rate of Change (125)
-17.56
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Everest Kanto Cylinder Ltd.
1515.25
107
179
Steel Cast Ltd.
1314.49
452.9
747
Oriental Rail Infrastructure Ltd.
-
-
-
Meson Valves India Ltd.
-
-
-
AMIC Forging Ltd.
-
-
-
Trident Techlabs Ltd.
-
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Nelcast Ltd Company background

Founded in: 1982
Managing director: P Deepak
Nelcast Ltd was incorporated on 7th June, 1982 as Nelcast Private Limited at Nellore (Andhra Pradesh). Subsequently, the Company was converted into a Public Limited Company and the name was changed to Nelcast Limited on 20th September 1995. Mr P. Radhakrishna Reddy promoted the Company. Nelcast is a leading producer of ductile grey iron castings in India. Besides a strong position in domestic market, the Company has a rapidly growing presence spread across North America, Europe and Southeast Asia. It has total installed production capacity of 160,000 Metric tonnes per annum. Its factories are located at Ponneri in Tamil Nadu, and at Gudur and Pedapariya in Andhra Pradesh. Presently, it is engaged in manufacture of Iron Castings in Automobile sector such as engine, transmission, suspension, axle, brake, steering, housings etc., farm equipment industry, railways and pipe fitting industries.It serves as a strategic supplier and partner of first choice to TAFE, Tata Motors, DANA, Ashok Leyland, Automotive Axles Limited, Meritor and American Axles Manufacturing, among others. The Company is a onestop shop for its customers for Grey Iron, Ductile Iron and Austempered Ductile Iron ranging from 0.5 kg to 400 kg. Nelcasts manufacturing plants are in close proximity to Chennai, which is a major manufacturing hub for automotive companies. Chennai forms both a key customer base for Nelcast and a reliable source of steel scrap, a crucial raw material for the Company. All 3 plants are within 15110 km of Indias largest source of Silica Sand near Gudur. Moreover, Chennais International airport with direct flights to Europe, MiddleEast Southeast/East Asia make it convenient for customers to visit and see the Companys world class facilities first hand. The location enhances Companys export business given it is close to Krishnapatnam Chennai seaports that gives easy access to reach its customers around the world.The first unit set up in Gudur, Andhra Pradesh, with an installed capacity of 1200 MT per annum for manufacturing ductile iron parts, commenced commercial production in the year 1985, to serve as an ancillary unit to meet the requirements of Ashok Leyland Ltd. Subsequently, The company has started to cater the requirements of farm equipment manufacturers and other heavy commercial vehicle manufacturers like Tata Motors, Mahindra Mahindra, Tata Cummins, Tafe, to name a few. In less than a decade, the unit was received ISO 90021994 / EN ISO 90021994 Quality certification by the Indian Register Quality Systems. In the year 1996, a new manufacturing unit was established in Ponneri, Tamil Nadu with an installed capacity of 12,000 MT per annum, for manufacture of Grey Iron and Ductile Iron parts, wherein the stateoftheart machine shop, consisting of CNC and special purpose machines, and the Kunkel Wagner Moulding line were installed. Both the units have a distinct locational advantage of having proximity to the Chennai Port and also being well connected by both the railways and roadways.In the year 2003 a subsidiary Nelcast USA Inc. was incorporated for managing the marketing, customer care service and coordinating with the overseas clients of Nelcast, particularly those located in the US.In the year 2006, the company current manufacturing capacity of both the manufacturing units stands at 72,000 MT per annum, geared to reach 1,02,000 MT per annum by the end of the current financial year. Apart from servicing the domestic requirement, the Company is also exporting to USA, Europe and Australia.During financial year 200708, the Company made an Initial Public Offer of 43,50,000 equity shares through 100% Book Building Process which opened on 4th June 2007 and closed on 8th June 2007. The shares were allotted on June 21, 2007 and got listed on June 27, 2007 on Bombay Stock Exchange Limited and National Stock Exchange of India Limited. As a result of the Public Issue, the net worth of the Company substantially increased.The Company disposed off its shares held in the subsidiary Company, Nelcast USA Inc in 201112 and hence, Nelcast USA Inc was no more a subsidiary. NC Energy Ltd. was made a subsidiary company in 201213.
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Nelcast Ltd FAQs

Nelcast Ltd shares are currently priced at 142.94 on NSE and 142.45 on BSE as of 6/18/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Nelcast Ltd [NELCAST] share was 57.77. The Nelcast Ltd [NELCAST] share hit a 1-year low of Rs. 89.2 and a 1-year high of Rs. 194.3.

The market cap of Nelcast Ltd is Rs. 1248.03 Cr. as of 6/18/2024 12:00:00 AM.

The PE ratios of Nelcast Ltd is 30.96 as of 6/18/2024 12:00:00 AM.

The PB ratios of Nelcast Ltd is 2.4 as of 6/18/2024 12:00:00 AM

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