Steelcast Ltd 53 00 BUY
Steelcast Ltd 53 00 BUY Steelcast Ltd. is India�s leading steel castings manufacturing company in the earthmoving equipment sector. Strong demand from user industries in India and globally has put the company on a high growth trajectory. Steelcast Ltd. is expected to post revenues of over Rs 2.20bn in FY12, with nearly 45% coming from exports to several countries globally, including USA and Germany. Steelcast�s manufacturing capacity is in excess of 24,000 tons per annum and further expansion is planned in the coming few years. Some of the company�s major clients are Caterpillar, Komatsu, ThyssenKrupp, JCB, Tatas, L&T, Essar, BEML and BHEL. It will soon be adding two major clients, the Indian Railways as well as the US Railways for freight-related castings supplies. Being an ISO: 9001-2008, ISO: 14001-2004 and OHSAS 18001-2007 certified company; it has norms and systems for quality assurance covering all stages. Kurimoto Ltd. of Japan continues to hold a 2.5% stake in the comp...