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Electrotherm (India) Ltd

Electrotherm (India) Ltd (ELECTHERM)

₹784.50%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Electrotherm (India) Ltd share Performance

₹784.5
₹784.5
₹784.5
Day's Volatility:
₹61.35
₹784.5
₹784.5
92.18%
Low
52 Weeks Volatility:92.18%

Returns %
1 Month Return	45.55 %
3 Month Return	112.52 %
1 Year Return	1190.56 %

Market Stats
Previous Close	₹784.50
Open	₹784.50
Volume	2,616.00
Upper Circuit	-
Lower Circuit	-
Market Cap	₹1,019.62Cr

Company Information

Electrotherm India (EIL), a family-run business that started in the early eighties, is a leading manufacturer of induction melting furnaces, induction heating and hardening equipment, secondary metallurgical equipment and wind power generation systems. So far, they have installed over 300 induction furnaces across India and abroad, and they have also earned a reputation for developing cost-effective equipment for manufacturing stainless steel through induction furnaces. They have been recipients of the prestigious Dhatu Nayak awards twice, in 1997-98 and 1998-99, for their contribution to India's stainless steel and alloy steel industry. They have also achieved certification from RWTUV for ISO 9001 in 2001 and have supplied India's largest MF Induction Melting Furnace of 20 Tons capacity to M/s Shah Alloys Ltd in Ahmedabad. If you're looking for induction melting furnaces, heating systems and secondary metallurgical equipment, EIL is the company to go to. They have consistently shown their commitment to quality, providing cost-effective solutions, as well as their dedication to the industry's innovation and growth.

Share Price: ₹784.50 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹1,019.62Cr as of today
Revenue: ₹1,137.33Cr as on December 2023 (Q4 23)
Net Profit: ₹107.08Cr as on December 2023 (Q4 23)
Listing date: 11 Sep, 1996
Chairperson Name: Dinesh Shankar Mukati

Organisation	Electrotherm (India) Ltd
Headquarters	Ahmedabad
Industry	Steel
E-voting on shares	Click here to vote

Key events for Electrotherm (India) Ltd

Electrotherm (India) Ltd Shares Gain 48% in a Month - 01 May, 2024
Despite strong revenue growth, Electrotherm's price-to-sales ratio is lower than expected and below the industry average, indicating investor skepticism about maintaining recent growth rates.

Fundamentals of Electrotherm (India) Ltd

Insights on Electrotherm (India) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 4.94% to 4.95% in Mar 2024 quarter
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 931.91 Cr → 1.13K Cr (in ₹), with an average increase of 9.4% per quarter
POSITIVE IMPACT
Price Rise
In the last 6 months, ELECTHERM stock has moved up by 547.6%
POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 38.69 Cr → 107.08 Cr (in ₹), with an average increase of 39.8% per quarter
POSITIVE IMPACT
Best in 1 Year
In the last 1 year, ELECTHERM has outperformed top 5 stocks with highest market-cap in Iron & Steel
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, ELECTHERM has outperformed top 5 stocks with highest market-cap in Iron & Steel
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 31.04% of holdings in Mar 2024 quarter
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 63.94% to 63.93% in Mar 2024 quarter