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Electrotherm (India) Ltd Performance

Today's Low
783.40
arrowIcon
Today's High
783.40
52 Wk Low
64.10
arrowIcon
52 Wk High
845.00


Open

783.4

Traded Value (Cr)

0.05

Prev. Close

783.4

Face Value

10

Volume

665

Electrotherm (India) Ltd Fundamentals

Market Cap
₹ 1006.55 Cr
P/E Ratio (TTM)
3.17
P/B Ratio
0.00
Debt to Equity
0.00
ROE
0.00
EPS (TTM)
249.03
Dividend Yield
0.00 %
Book Value
-612.99

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Electrotherm (India) Ltd Financials

Electrotherm (India) Ltd Financials

Electrotherm (India) Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Others 34.90 % 35.00 % 34.28 % 32.46 %
Promoters 31.04 % 31.04 % 31.04 % 31.04 %
Retail 29.03 % 28.94 % 29.66 % 31.48 %
FII 4.95 % 4.94 % 4.94 % 4.94 %
Mutual Funds 0.08 % 0.08 % 0.08 % 0.08 %

Others

34.90%

Promoters

31.04%

Retail

29.03%

FII

4.95%

Mutual Funds

0.08%

Others

35.00%

Promoters

31.04%

Retail

28.94%

FII

4.94%

Mutual Funds

0.08%

Others

34.28%

Promoters

31.04%

Retail

29.66%

FII

4.94%

Mutual Funds

0.08%

Others

32.46%

Promoters

31.04%

Retail

31.48%

FII

4.94%

Mutual Funds

0.08%

Resistance and Support

₹783.40

PIVOT

resistance-arrow
Resistance
First Resistance₹783.400
Second Resistance₹783.400
Third Resistance₹783.400
support-arrow
Support
First Support₹783.400
Second Support₹783.400
Third Support₹783.400

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day7,7682,308100.00
Week2,30815,481-70.29
1 Month2,3088,027-70.29
6 Months1,459,2281,459,228100.00

About Electrotherm (India) Ltd

Electrotherm (India) Limited (EIL), a leading engineering company, known for providing best steel melting equipment globally. The Company has significant presence in steel sector for TMT Bar and DI Pipe industry in India. It is maiden manufacturer and one of the known brands in battery-operated electric vehicles. It executes EPC projects and supplies engineering equipment in more than 71 countries around the world. Electrotherm India(EIL), the Ahmedabad based company, incorporated in October, 1986 was started by two enterprising brothers Mukesh Bhandari and Shailesh Bhandari, along with Harish Sharma and Narendra Dalal. EIL is manufacturing induction melting furnaces, TMT Bars, Ductile Iron Pipes (DI Pipes), Electric Vehicles, Transformers, Transmission Line Towers etc. EIL is also into wind power generation. Since its first order of 350-KW Medium frequency induction furnace in Jun 1983, it has installed over 300 induction furnaces allover India and abroad sofar. EIL also has some firsts to its name like design and commission of India's first indigenously made solid state generator of 1200 KW. EIL has set up a sister concern for new products like laser cutting machines for cutting stainless steel to very close tolerances which otherwise is a difficult operation. EIL has recieved the prestigious 'Dhatu Nayak' award for the year 1997-98 and 1998-99 for indigenous development, manufacture & Commissioning of India's largest Medium Frequency Induction Melting Furnace of 7500 KW/15 Ton capacity for Alloy steel and key contribution to stainless steel and alloy steel industry by developing indiginously developing cost effective equipment for manufacturing of stainless steel through induction furnace route respectively. The Company also supplied India's largest MF Induction Melting Furnace of 20 Tons capacity to M/s Shah Alloys Ltd, Ahmedabad. In the year 2000-01 the company accredited with ISO-9001 certificate through RWTUV. During the year 2004-05, the Company started process of expanding its business through setting up of a most modern steel plant at Kutch at a project costing Rs 125.23 Crores. It completed the detailed engineering for the second phase of steel project consisting of Pelletisation Plant, Direct Reduced Iron (DRI) Plant, Modern Alloy Steel Melting Facility and Rolling Mill for heavy structural and alloy steel rolled products. Electrotherm's Steel Division was established in the year 2005 in Kutch, Gujarat. During 2006-07, it established manufacturing capabilities to produce Electric vehicles and expanded the same to produce 150000 Electric Scooters per annum. The Company commissioned Second Phase of project at Kutch during 2008, and further completed third phase of project at Kutch during 2009. In addition to these, Bhaskarpara Coal Company Limited, a Joint Venture Company with Grasim Industries Limited and ET Elec-Trans Limited were incorporated as two new subsidiary companies during 2009. 40 ton 14 MW Induction Furnace for mild steel billet making application was dispatched and commissioned in Nagpur during 2009. The Company commissioned the production of Blast Furnace - II and Ductile Iron Pipe during 2009-10. It further embarked an inorganic growth strategy by virtue of acquiring Transmission Line Tower Plant near Baroda during March, 2010. In May, 2010, it acquired 100% shareholding of Shree Ram Electrocast Private Limited, at Kolkata and manufacturing complex at Siruguppa, Bellary, Karnataka, for Pig Iron with installed capacity of 1,20,000 MT per annum and Power Generation Plant of 2.5 MW. It acquired 100% shareholding of Hans Ispat Limited, a Kutch - Gujarat based Company having manufacturing facilities for Billet of 84000 TPA, TMT Rolling Mill of 1,20,000 TPA and SS Rolling Mill of 72000 TPA per annum. The Company also acquired the shareholding in Shree Hans Papers Limited, a subsidiary of Hans Ispat Limited in June, 2010. Resulting to these acquisitions, all 3 Companies mentioned above became subsidiaries of the Company during the Financial Year 2010-2011. The Company introduced continuous casting machine for small size induction furnaces in April 2011. Further, it implemented the use of LRF and De-phosphorization and De-sulphurization process for production of high quality low phosphorous forging grade billets during 2011-12 and thereafter, introduced Fe-550D TMT rebar products. During 2013, it started operation from Thol plant in Ahmedabad, Gujarat. It installed more than 60 mini high speed casters during 2013-14. It commissioned fusion bonded epoxy coated TMT Bars facility at their Kutch Plant during 2016-17. It started their third TMT Rolling Mill production in the month of March 2019. During 2019-20, Company established heavy-duty scrap poker, which also eliminates manual intervention while melting. It commissioned a galvanizing line for a strip / sheet making plant during the year 2020.

Managing Director

1986

Founded

Suraj Shailesh Bhandari

NSE Symbol

ELECTHERM

Electrotherm (India) Ltd Management

NameDesignation
Shailesh BhandariExecutive Vice Chairman
Dinesh Shankar MukatiChairman & Independent Directo
Pratap MohanNon-Exec. & Independent Dir.
Nivedita SardaNon-Exec. & Independent Dir.
Suraj Shailesh BhandariManaging Director
Mukesh BhandariNon-Exec & Non-Independent Dir
Fagesh R SoniCompany Sec. & Compli. Officer

Electrotherm (India) Ltd News

Electrotherm (India) consolidated net profit rises 150.25% in the March 2024 quarter
Sales rise 17.85% to Rs 1217.57 crore
Electrotherm (India) to conduct board meeting
On 20 May 2024
Electrotherm (India) consolidated net profit rises 1364.84% in the December 2023 quarter
Sales rise 84.94% to Rs 1137.33 crore
Electrotherm (India) schedules board meeting
On 8 February 2024
Electrotherm (India) reports consolidated net profit of Rs 67.53 crore in the September 2023 quarter
Sales rise 31.82% to Rs 985.15 crore
Electrotherm (India) announces board meeting date
On 4 November 2023
Electrotherm (India) director resigns
On 28 August 2023
Electrotherm (India) reports consolidated net profit of Rs 38.69 crore in the June 2023 quarter
Sales rise 37.26% to Rs 931.45 crore
Electrotherm (India) to table results
On 11 August 2023
Electrotherm (India) to hold AGM
On 9 August 2023

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Electrotherm (India) Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Electrotherm (India) Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Electrotherm (India) Ltd's share price is ₹783.40 as of May 27, 2024 at 04:14 PM

Electrotherm (India) Ltd's P/E ratio is 3.17 times as of May 27, 2024 at 04:14 PM.

Electrotherm (India) Ltd's most recent financial reports indicate a price-to-book ratio of 0.00, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Electrotherm (India) Ltd's market is 1,007 Cr as on May 27, 2024 at 04:14 PM.

The current financial records of Electrotherm (India) Ltd show a 0.00% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Electrotherm (India) Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Electrotherm (India) Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Electrotherm (India) Ltd's 52-week high and low as of May 27, 2024 at 04:14 PM are ₹845 and ₹845 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Electrotherm (India) Ltd stands at 31.04%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 4.94% to 4.95%.