SSelectStock

ELECTHERMElectrotherm (India) Limited

Metals · Steel · NSE · as of 2026-10-26 (delayed ~30 min in market hours)

Electrotherm (India) Limited, an engineering and steel company, provides steel melting solutions worldwide. It operates through Engineering & Technologies, Special Steel, Electric Vehicle, and Others segments. The company designs and manufactures steel plants equipment, foundries, induction heating, and hardening equipment for heat treatment. It also engages in the manufacture of TMT bars and ductile iron pipes, including blast furnaces, sponge iron kilns, induction furnaces, rolling mills, ladle refining furnace, and pipe making facilities. In addition, the company provides solar photovoltaic rooftop and ground-mounted solutions to industrial and commercial sectors. Further, it offers induction furnace, casting machines, transformers, sponge and pig iron, ferrous and non-ferrous billets/bars/ingots, duct iron pipes, transmission line towers, and battery operated vehicles; and services related to steel melting and other capital equipment. The company was founded in 1983 and is headquartered in Ahmedabad, India.

₹622.40
▲ 2.61%
20Weak

Mkt Cap
₹793 Cr
P/E
—
P/B
-5.2
Div Yield
0.00%
52W High
₹1,277.00
52W Low
₹551.00

Price & Volume

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Key Ratios

Market Cap (₹ cr)793.10
P/E—
P/B-5.15
PEG—
ROE %—
ROCE %-0.00
Debt / Equity—
EPS-28.63
Revenue Growth %9.50
Profit Growth %-75.00
Dividend Yield %0.00
Promoter Holding %69.75
FII Holding %1.29
DII Holding %—
Beta0.68

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on ELECTHERM — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 82%

Why avoid

  • • Overall evidence is weak (AlgoScore 20/100)
  • • Profit growth: -75.0% YoY
  • • ROCE: -0.0%
  • • RSI: 24
  • • MACD: bearish

Bull case

  • • Promoter holding: 69.8%
  • • Golden cross setup: SMA50 above SMA200
  • • Trend strength (ADX): 43
  • • Beta: 0.68

Bear case

  • • Profit growth: -75.0% YoY
  • • ROCE: -0.0%
  • • RSI: 24
  • • MACD: bearish

Key risks

  • • Elevated volatility / drawdown profile — size positions accordingly
  • • Weak fundamentals — technical strength may not sustain
  • • Momentum is fading versus the broader market
  • • Profit growth: -75.0% YoY
  • • ROCE: -0.0%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹622.40
Stop Loss
₹579.15
risk 6.9%
Target 1 (1.5R)
₹687.28
+10.4%
Target 2 (3R)
₹752.15
+20.8%
Support (20d)
₹585.00
Resistance (52w)
₹1,277.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹43.25/share
ATR (volatility)
₹43.34
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹43.34). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental27
Technical29
Momentum0
Risk (safety)25

Peers — Metals

IGIL▲ 1.09%
81
KRISHANA▲ 2.70%
72
GFSTEELS▼ 1.98%
72
SHYAMMETL▼ 0.45%
70
JSWSTEEL▲ 6.28%
70
SAMBHV▲ 0.36%
67