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NELCASTNelcast Limited

Capital Goods · Metal Fabrication · NSE · as of 2026-07-21 (delayed ~30 min in market hours)

141.43
10.54%
59Decent

Price & Volume

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Key Ratios

Market Cap (₹ cr)1,153.40
P/E23.74
P/B1.92
PEG5.39
ROE %8.10
ROCE %9.80
Debt / Equity0.43
EPS5.57
Revenue Growth %27.30
Profit Growth %4.40
Dividend Yield %0.38
Promoter Holding %80.54
FII Holding %0.00
DII Holding %
Beta1.39

“—” 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

Pullback to 21-EMALONG71%141.43126.43173.682.15
Bullish EngulfingLONG67%141.43126.43171.432.00
HOLDConviction 65%

The picture

  • Revenue growth: 27.3% YoY
  • Debt/Equity: 0.43
  • Promoter holding: 80.5%
  • RSI: 56
  • Price vs EMA21: above
  • Price vs SMA50: above
  • Bullish Engulfing signal (setup quality 67%)
  • Pullback to 21-EMA signal (setup quality 71%)

Bull case

  • Revenue growth: 27.3% YoY
  • Debt/Equity: 0.43
  • Promoter holding: 80.5%
  • RSI: 56

Bear case

  • Profit growth: 4.4% YoY
  • ROE: 8.1%
  • MACD: bearish
  • Supertrend: bearish

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Profit growth: 4.4% YoY
  • ROE: 8.1%

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

Trade Plan

Entry (CMP)
₹141.43
Stop Loss
₹125.17
risk 11.5%
Target 1 (1.5R)
₹165.83
+17.3%
Target 2 (3R)
₹190.22
+34.5%
Support (20d)
₹126.43
Resistance (52w)
₹180.90
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹16.26/share
ATR (volatility)
₹7.29
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹7.29). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
54
Technical
67
Momentum
67
Risk (safety)
40

Peers — Capital Goods

ADOR 7.88%
81
KSHINTL 1.30%
79
DIACABS 10.00%
78
INOXINDIA 4.32%
77
AARVI 3.51%
77
MMFL 4.13%
77

About

Nelcast Limited manufactures and sells ductile and grey iron castings in India and internationally. The company provides commercial components, including bogie suspension bracket, conventional suspension/engine/steering/cab mounting bracket, rear and forward differential carrier, flanged and plain half, wheel hub, bearing cap, brake drum, and brake disc rotor products; and tractor/farm components, such as hydraulic lift cover, axle housing, four-wheel drive front axle housing, front engine support, transmission clutch, and center/differential housing products. It also offers off highway/army components, including transmission and differential case, converter and axle housing, and planetary carrier products; railway products comprising brake discs and base plates for ballastless track system; SUV/car components that consist of case body, case cap, and drive head products; and powertrain components, such as gearbox and flywheel housing, and exhaust manifold products. The company serves commercial vehicle, tractor, railways, and off-highway vehicle segments, as well as original equipment manufacturers. Nelcast Limited was incorporated in 1982 and is based in Chennai, India.