Nelcast LtdNSE NELCAST Stock Report

Nelcast Ltd. engages in the manufacture and sale of iron castings. The company is headquartered in Chennai, Tamil Nadu and currently employs 1,130 full-time employees. The firm is engaged in the production of ductile and grey iron castings in India. The company also operates in North America, Europe and Southeast Asia. The firm caters to a marquee clientele of original equipment manufacturers (OEMs) and tier-1 customers in the commercial vehicle, tractor, off-highway equipment, railways and passenger vehicle segments. The firm has an aggregate installed production capacity of approximately 160,000 metric tons per annum. The Company’s products include commercial components, tractor/farm equipment, off-highway/army components, railways, SUV/car components and powertrain components. The firm has three factories, which are located at Ponneri in Tamil Nadu, and at Gudur and Pedapariya in Andhra Pradesh. The company handles the manufacture and production of various casting components.