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Electrosteel: Waiting in the wings

(Jan 10, 2001)

Electrosteel Castings Limited (ECL) is the only Indian company manufacturing Ductile-Iron (DI) spun pipes. These are mainly used for the transportation of water and sewage. The company also manufactures cast iron spun pipes. Its plants are located at Khardah in Calcutta and Elavur in Chennai. Electrosteel has a large customer base both in India and abroad (Europe, Gulf countries, South-East Asian countries and Africa). This reasonably profitable company’s stock price has come off by nearly 70% i

Electrosteel posts 19% growth in topline

(Jan 20, 2000)

Electrosteel Castings has posted a growth of 18.7% in topline during the 3QFY00. The company has benefited from a sharp decline in infrastructure and improved operational efficiencies.


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