Steelcast Ltd - leading steel castings


(Jagadish) #22

Good Numbers from Steelcast Ltd again.
http://www.bseindia.com/xml-data/corpfiling/AttachLive/3994a74f-a9d8-400c-862e-2e41b56bbf7a.pdf

However, stock is trading negatively.


(Ankit Gupta) #23

Company came out with encouraging set of numbers. There was not only y-o-y growth but also q-o-q growth during the quarter. The analysis of the same is given below:
image

One other surprising announcement was given in the notes of the result:

Disclosure: Invested from lower levels


(Deep_Mehta) #24

Rating Upgrade for STEELCAST

Care Ratings just upgraded credit rating of Steelcast Ltd due to robust growth, future outlook visibility, margin improvement and reduction in gearing ratios.

Steelcast Limited-03-07-2018.pdf (402.2 KB)

Disclosure- Holding Steelcast from very lower levels.


(Deep_Mehta) #25

STEELCAST is taking part is Defense Expo 2018, Chennai (Source: http://defexpoindia.in/Country-Wise-Search Sr. No. - 613). If anyone planning to attend the expo then please give an update regarding the capability of the company in the defense sector.


(Deep_Mehta) #26

Full Pledged shares released by bank.
DA62CDE4_BCEB_4307_A213_E4A489B494FD_181236.pdf (116.4 KB)


(Deep_Mehta) #27

Excellent result as well as excellent guidance given my management.

RESULT: 822fc06d-0426-4eaa-8741-90ac90e7f6a8.pdf (1.3 MB)

PRESS RELEASE: 95a53482-d930-4cba-b9f9-b6c09682dd25.pdf (127.3 KB)