Report on Electrosteel Casting Ltd - April 2009

Research report by 'Mehta Group'
     
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Electrosteel Castings is a complete water infrastructure company providing end-to-end solution in water supply and sewerage application systems. ECL was the first company in India to recognise the increasing importance of ductile iron (DI) pipes both in domestic and international market and set up the first ever DI pipes manufacturing facility at Khardah. We believe that capacity expansion for DI pipes and backward integration into achieving self-sufficiency of key inputs like coking coal and iron ore are the key drivers of growth for ECLgoing ahead.
   
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