ADOR WELDING @ CMP: 745Market Cap ₹ 1,013 Cr. Face Value ₹ 10 Stock P/E 26.3 Industry PE 22.4 Dividend Yield 1.68 % ROCE 20 % ROCE3yr avg 12.6 % ROE 14.8 % ROE 5Yr 9.70 % OPM 9.16 % OPM 5Year 7.83 % Promoter holding 56.9 %
Ador Welding Ltd. is a holding company, which engages in the manufacture and sale of welding equipment. It operates through the following segments: Consumables; and Equipment and Project Engineering Business. The Consumables segment comprises of electrodes, wires, agency items related to consumables from Silvassa, Raipur, Chennai, and Chinchwad plant. The Equipment and Project Engineering Business segment includes equipments, spares, cutting products and agency items related to design, engineering, procurement and commissioning of flares, incinerators, and furnaces. The company was founded on October 22, 1951 and is headquartered in Mumbai, India.
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