Equity / Stocks - Electrosteel Castings Ltd in MARKETS - Mani Sir, What are your view on Electrosteel Castings Ltd? Thanks....
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Electrosteel Castings Ltd

  1. Electrosteel Castings Ltd

    Mani Sir,

    What are your view on Electrosteel Castings Ltd?

    Thanks.








  2. Electrosteel Castings has 2000 Crores of Debt with profits at just 100 Crores ... That's Debt to Profits ratio of 20 years (Too high) ...

    18% of Promoter Stake is pledged ... I would definitely not call this a ever-green stock ...

    A lot of companies go up during market rally ... Only few stay up there ... This is not one of them ... If you enter, look to exit soon

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