ELECTCAST : Long term this stock has the long term support trend line
- Long term support
- Metal sector strong
- Volume not supporting on the downtrend
- formation of double resistance from the top
- took good support for the upmove
Next report date
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12.35INR
7.40 BINR
74.78 BINR
280.06 M
About ELECTROSTEEL CAST
Sector
Industry
CEO
Sunil Katial
Website
Headquarters
Kolkata
Founded
1955
ISIN
INE086A01029
FIGI
BBG000CQWCQ8
Electrosteel Castings Ltd. engages in the manufacture and supply of ductile iron pipes, ductile iron fittings, and cast iron. It also produces metallurgic coke, sinter, and power for captive consumption. The company was founded on November 26, 1955 and is headquartered in Kolkata, India.
ELECTROSTEEL CASTINGS LTD@ELECTROSTEEL CASTING LTD Price Breakout after long time(2008) with volume on weekly chart
Technical
RSI-Above 50
RS- Positive
Super Trend-Positive
Fundamental
Revenue-Good(Qtrly Basis)
EBITDA Margin- 10% to 15%
GP Margin-30% to 40%
PE-16(Below Sector PE 28)
D/E- 0.6( below 1)
Interest coverage r
ELECTCAST bullish; above 200 ? - Monday 22-Apr.
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 tr
ELECTROSTEEL CAST READY TO BOOM 🎯Electrosteel Castings Daily Chart Analysis
- Clear Reversal from Support.
- Made Double Bottom Pattern.
- Bounced Back from Previous Swing Low.
- Volume is Highest in past 4 months.
Buy above 160. Targets = 183/194. SL =143
Disclaimer : Not just a post. Get a hint from the Analysis. Grow
Electrosteel Cast: Flag BO on WTF for 15 to 18% TGT an MoreA bullish Flag and Poleon Daily chart of NSE:ELECTCAST is emerged with Very good volume.
Long position can be created in the scrip as per the price levels mentioned on the chart.
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The
Will ELECTCAST give 30% Returns ? cmp 169Electcast cmp 169
Strongly moved 78% in previous run and corrected 20%, still holding above the support levels indicates a strong up move towards the high.
resistance levels 184 - 185.60.
Can buy with the target of 192, 202, 218
30% Upside Potential
ELECTROSTEEL CASTINGOn the verge of Breakout
30% + Potential Gain
Trade details in the Chart
Happy Trading
Naresh G
SEBI Reg. RA
Electrosteel Cast Resistance BreakoutEducation Purpose only...
Resistance was tested 3 times and Strong break out with Good Volume..
Stochastics is at Bottom..
Momentum expected..
ELECTROSTEEL Casting weekly Flag breakout Electrosteel Casting (Electroclast)
CMP 129
Flag breakout on weekly chart...
Best buy near 120-122 on retracement..
SL below 105 DCB
Multi year breakout of 15 years with good volumesThe stock recently experienced a significant multi-year breakout, marking a notable event after 15 years. What adds to the significance is the good volume accumulation observed before the breakout, indicating substantial market interest and potential buying activity. This combination of a lengthy mu
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Frequently Asked Questions
The current price of ELECTCAST is 171.75 INR — it has decreased by 3.65% in the past 24 hours. Watch ELECTROSTEEL CAST stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange ELECTROSTEEL CAST stocks are traded under the ticker ELECTCAST.
ELECTCAST stock has risen by 1.33% compared to the previous week, the month change is a 7.34% fall, over the last year ELECTROSTEEL CAST has showed a 282.09% increase.
We've gathered analysts' opinions on ELECTROSTEEL CAST future price: according to them, ELECTCAST price has a max estimate of 233.00 INR and a min estimate of 233.00 INR. Watch ELECTCAST chart and read a more detailed ELECTROSTEEL CAST stock forecast: see what analysts think of ELECTROSTEEL CAST and suggest that you do with its stocks.
ELECTCAST reached its all-time high on Apr 23, 2024 with the price of 208.00 INR, and its all-time low was 3.10 INR and was reached on Dec 2, 1996. View more price dynamics on ELECTCAST chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ELECTCAST stock is 4.69% volatile and has beta coefficient of 0.43. Track ELECTROSTEEL CAST stock price on the chart and check out the list of the most volatile stocks — is ELECTROSTEEL CAST there?
Today ELECTROSTEEL CAST has the market capitalization of 105.93 B, it has decreased by 0.68% over the last week.
Yes, you can track ELECTROSTEEL CAST financials in yearly and quarterly reports right on TradingView.
ELECTROSTEEL CAST is going to release the next earnings report on Aug 9, 2024. Keep track of upcoming events with our Earnings Calendar.
ELECTCAST net income for the last quarter is 2.27 B INR, while the quarter before that showed 2.63 B INR of net income which accounts for −13.78% change. Track more ELECTROSTEEL CAST financial stats to get the full picture.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ELECTROSTEEL CAST EBITDA is 11.78 B INR, and current EBITDA margin is 15.76%. See more stats in ELECTROSTEEL CAST financial statements.
Like other stocks, ELECTCAST shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ELECTROSTEEL CAST stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ELECTROSTEEL CAST technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ELECTROSTEEL CAST stock shows the buy signal. See more of ELECTROSTEEL CAST technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.