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Earthstahl & Alloys Ltd share Price

Company details

44.50
47.00
40.61
66.75
6M Return 0.00%
1Y Return -18.61%
Mkt Cap.(Cr) 57.53
Volume 42,000
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 42,000

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

Earthstahl & Alloys Ltd Stocks COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 15.13 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 9,685.54 2,803.96
LAST 3M 37,008.78 -10,423.44
LAST 6M 71,048.89 6,388.10
LAST 12M 156,597.56 -39,641.53

Earthstahl & Alloys Ltd Information

Stock PE (TTM)

7.77

Promoter Holding

73.53%

Book Value

22.9494

ROCE

0%

ROE

0%

Description

  • 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 Iron Pipe 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 fitting and other units engaged in manufacturing of steel or cast iron products. Ductile Iron Pipe Fittings are used in public water supply systems 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 is located near to the source of raw material i.e. Bhilai Steel Plant of SAIL and other pellet and sponge iron plants located in Raipur and 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 3.6 MVA to manufacture 10,500 tonnes p.a. of Cast iron Lumps. During FY2014-15 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.

Registered Address

Merlin Jayshree Vihar Mohani5B, Pandri Tarai Mandi Gate, Raipur, Chattisgarh, 492001

Tel : 91-8120009626
Email : secretarial:earthstahl.com
Website : http://www.earthstahl.com

Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) :
Face Value Equity Shares : 10
Market Lot Equity Shares : 3000
BSE Code : 543765
NSE Code :
Book Closure Date (Month) :
BSE Group : MT
ISIN : INE0O4V01010

FAQ’s on Earthstahl & Alloys Ltd Shares

You can buy Earthstahl & Alloys Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Earthstahl & Alloys Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 23, 2023 04:01 PM the closing price of Earthstahl & Alloys Ltd was ₹ 47.00.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 23, 2023 04:01 PM, the market cap of Earthstahl & Alloys Ltd stood at ₹ 57.53.

The latest PE ratio of Earthstahl & Alloys Ltd as of Mar 23, 2023 04:01 PM is 7.77

The latest PB ratio of Earthstahl & Alloys Ltd as of Mar 23, 2023 04:01 PM is 0.49

The 52-week high of Earthstahl & Alloys Ltd is ₹ 66.75 while the 52-week low is ₹ 40.61

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