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Castings & Forgings

The Indian forging industry is broadly classified into four sectors - large, medium, small and tiny. A major portion of this industry is made up of small and medium units / enterprises (SMEs). The industry is comprised of 200 organised and 1000 un-organised forging units in the country which are mainly spread across Pune, Chennai, Delhi and Ludhiana. Reports... more »

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May 18 2013, 15:33

Kalyani Forge standalone Mar '13 sales at Rs 51.63 crore

Kalyani Forge has reported a standalone sales turnover of Rs 51.63 crore and a net loss of Rs 0.16 c...

ADVICE

May 16 2013, 14:37

Buy Electrosteel Castings; target Rs 24: Angel Broking

Brokerage house Angel Broking is bullish on Electrosteel Castings (ECL) and has recommended 'Buy' rating on the stock with a price target of Rs 24 in its research report dated May 15, 2013.

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