Electrotherm (India) Limited (ELECTHERM.BO)
Electrotherm (India) Limited operates in the Steel industry of the Basic Materials sector, headquartered in Ahmedabad, GU, IN. The stock last traded at $1004.30, down 0.84% on the session, giving a market capitalisation of $12.75B. Its beta of 0.69 implies it has historically moved less than the broad market.
Electrotherm (India) Limited is an engineering firm that supplies steel melting machinery across the globe. The company operates through several divisions, including Engineering and Technologies, Special Steel, Electric Vehicle, and other miscellaneous segments. It designs and manufactures a comprehensive range of equipment for steel plants and foundries, such as induction heating and hardening systems for heat treatment processes, alongside induction melting furnaces and refining apparatus. Beyond equipment provision, Electrotherm also produces TMT bars and ductile iron pipes, supported by its own manufacturing infrastructure, which encompasses blast furnaces, sponge iron kilns, induction furnaces, rolling mills, ladle refining furnaces, and pipe making facilities. Diversifying its portfolio, the company manufactures battery-powered electric vehicles and delivers photovoltaic (solar) solutions for both rooftop and ground-mounted installations to industrial and commercial clients. Additionally, it offers transmission powerlines and towers. The company's product offerings further include casting machines, sponge and pig iron, and various ferrous and non-ferrous billets, bars, and ingots. It also provides specialized services related to steel melting and other heavy capital equipment. Electrotherm (India) Limited was established in 1983 and has its main headquarters in Ahmedabad, India.
Electrotherm (India) Limited is most often compared with the following Basic Materials names: