Nelcast Limited (NELCAST.NS)
Nelcast Limited operates in the Manufacturing - Metal Fabrication industry of the Industrials sector, headquartered in Chennai, TN, IN. The stock last traded at $118.08, down 0.46% on the session, giving a market capitalisation of $10.27B. Its beta of 0.49 implies it has historically moved less than the broad market.
Nelcast Limited, an Indian company with an international presence, specializes in the production and sale of ductile and grey iron castings. Its product range encompasses a wide array of commercial vehicle parts, such as various suspension and engine mounting brackets, differential carriers, wheel hubs, and braking system components like drums and disc rotors. For the agricultural sector, it supplies crucial tractor and farm machinery parts, including hydraulic lift covers, engine supports, and a variety of axle and transmission housings. The firm also produces heavy-duty components for off-highway vehicles and defense applications, including specialized transmission and differential casings, along with planetary carriers and converter housing. In the railway sector, Nelcast provides essential items like brake discs and base plates for ballastless track systems. Additionally, its offerings extend to automotive powertrain parts, such as gearbox and flywheel housings, exhaust manifolds, and various castings for SUVs and cars, including case bodies and drive heads. These diverse products cater to a wide range of industries, including automotive, agricultural, construction, mining, railway, and general engineering. Established in 1982, Nelcast Limited maintains its headquarters in Chennai, India.
Nelcast Limited is most often compared with the following Industrials names: