Nelcast Limited (NELCAST.BO)
Nelcast Limited operates in the Manufacturing - Metal Fabrication industry of the Industrials sector, headquartered in Chennai, TN, IN. The stock last traded at $118.20, down 0.80% on the session, giving a market capitalisation of $10.43B. Its beta of 0.49 implies it has historically moved less than the broad market.
Nelcast Limited, established in 1982 and headquartered in Chennai, India, is a prominent manufacturer and global supplier of ductile and grey iron castings. The company produces a broad spectrum of critical components designed for diverse industrial applications. Its commercial vehicle product range encompasses bogie and conventional suspension brackets, engine/steering/cab mounting brackets, differential carriers, wheel hubs, bearing caps, and various braking system parts like brake drums and disc rotors. For the agricultural sector, Nelcast provides hydraulic lift covers, front engine supports, and a variety of axle, transmission clutch, and housing products for tractors. Additionally, it supplies robust components for off-highway and military equipment, including transmission and differential cases, converter and axle housings, and planetary carriers. The company's railway offerings feature brake discs and base plates for ballastless track systems, while its contributions to the SUV and car segments include case bodies, caps, and drive heads. Powertrain solutions are also a key focus, with products such as gearbox and flywheel housings, and exhaust manifolds. Nelcast serves a wide array of industries, including automotive, construction, mining, railways, and general engineering.
Nelcast Limited is most often compared with the following Industrials names: