ELECTHERMElectrotherm (India) Limited
Metals · Steel · NSE · as of 2026-09-11 (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.
Price & Volume
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Key Ratios
“—” 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
Why avoid
- • Overall evidence is weak (AlgoScore 36/100)
- • Profit growth: -75.0% YoY
- • ROCE: -0.0%
- • RSI: 37
- • MACD: bearish
- • Double Top bearish signal (setup quality 65%)
Bull case
- • Promoter holding: 71.8%
- • Price vs SMA200: above
- • Golden cross setup: SMA50 above SMA200
- • Volume: 8.8x 20-day average
Bear case
- • Profit growth: -75.0% YoY
- • ROCE: -0.0%
- • RSI: 37
- • MACD: bearish
Key risks
- • Elevated volatility / drawdown profile — size positions accordingly
- • Weak fundamentals — technical strength may not sustain
- • Profit growth: -75.0% YoY
- • ROCE: -0.0%
Algorithmic analysis for research only — not SEBI-registered investment advice.
Trade Plan
Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹35.68). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.