Electrosteel Castings Ltd (ELECTCAST) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 573496,
    "name": "Electrost.Cast.",
    "stock_name": "Electrost.Cast.",
    "full_name": "Electrosteel Castings Ltd",
    "name_url": "stocks-analysis/electrostcast",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "80.93",
    "chg": 2.06,
    "chgp": "2.61%",
    "dir": 1,
    "prev_price": "78.87",
    "mcapval": "5,002.97 Cr",
    "mcap": "Small Cap",
    "scripcode": 500128,
    "symbol": "ELECTCAST",
    "ind_name": "Iron & Steel Products",
    "ind_code": 38,
    "indexname": "India SENSEX",
    "isin": "INE086A01029",
    "curr_date": "Jun 18",
    "curr_time": "",
    "bse_nse_vol": "28.19 lacs",
    "exc_status": "Active",
    "traded_date": "Jun 18, 2026",
    "traded_date_str": "2026 06 18",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "Electrosteel Castings Ltd Downgraded to Strong Sell Amid Deteriorating Quality Metrics",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/electrosteel-castings-ltd-downgraded-to-strong-sell-amid-deteriorating-quality-metrics-3999959",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ElectrosteelCas_qualitydot_3999959.png",
        "date": "2026-05-20 08:00:07",
        "description": "Electrosteel Castings Ltd, a small-cap player in the Iron & Steel Products sector, has seen its quality rating downgraded from average to below average as of 19 May 2026. This shift reflects deteriorating business fundamentals, including weakening profitability metrics, rising leverage, and inconsistent operational performance, raising concerns for investors amid a challenging market environment."
      },
      {
        "title": "Are Electrosteel Castings Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-electrosteel-castings-ltd-latest-results-good-or-bad-3999531",
        "imagepath": "",
        "date": "2026-05-19 19:18:59",
        "description": "Electrosteel Castings Ltd's latest financial results for the quarter ending March 2026 indicate significant operational challenges. The company reported a net profit of ₹15.98 crores, which reflects a substantial decline of 90.51% year-on-year. Revenue for the same period was ₹1,492.74 crores, marking a 12.23% decrease compared to the previous year. This decline in revenue is accompanied by a notable compression in operating margins, which fell to 4.14% from 9.38% in the year-ago quarter, indicating pressure on pricing power and cost management.\n\nWhile there was a sequential recovery from the previous quarter, where the company posted a loss, the year-on-year comparison highlights a concerning trend across key financial metrics. The company’s reliance on other income to support profitability raises questions about the sustainability of its earnings quality. \n\nThe operational performance reflects deeper stru..."
      },
      {
        "title": "Electrosteel Castings Ltd Opens 5% Lower as Technicals Signal Continued Downside Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/electrosteel-castings-ltd-opens-with-significant-gap-down-amid-market-concerns-3998546",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ElectrosteelCas_gapdown_3998546.png",
        "date": "2026-05-19 09:35:17",
        "description": ""
      },
      {
        "title": "Electrosteel Castings Ltd Q4 2026 Results Show Marginal Improvement Amid Persistent Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/electrosteel-castings-ltd-q4-2026-results-show-marginal-improvement-amid-persistent-challenges-3997619",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ElectrosteelCas_fintrenddot_3997619.png",
        "date": "2026-05-19 08:00:06",
        "description": "Electrosteel Castings Ltd reported its quarterly results for March 2026, revealing a slight improvement in financial trends despite ongoing operational challenges. The company’s financial trend score improved from very negative to negative, reflecting a modest recovery in performance metrics, though profitability remains under pressure."
      },
      {
        "title": "When is the next results date for Electrosteel Castings Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-electrosteel-castings-ltd-3988151",
        "imagepath": "",
        "date": "2026-05-12 23:16:53",
        "description": "The next results date for Electrosteel Castings Ltd is scheduled for 18 May 2026...."
      },
      {
        "title": "Electrosteel Castings Ltd Sees Mixed Technical Signals Amid Mildly Bearish Momentum",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/electrosteel-castings-ltd-sees-mixed-technical-signals-amid-mildly-bearish-momentum-3986454",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ElectrosteelCas_technicaldot_3986454.png",
        "date": "2026-05-12 08:04:06",
        "description": "Electrosteel Castings Ltd, a small-cap player in the Iron & Steel Products sector, has experienced a notable shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. Despite this, the stock’s longer-term performance remains robust, though recent technical indicators present a complex picture for investors assessing its near-term prospects."
      },
      {
        "title": "Electrosteel Castings Ltd Gains 4.17%: Key Technical Shifts and Market Moves This Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/electrosteel-castings-ltd-gains-417-key-technical-shifts-and-market-moves-this-week-3983555",
        "imagepath": "",
        "date": "2026-05-09 17:01:03",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>4 May:</strong> Intraday high with 10.88% surge, closing at Rs.88.51</p>\n                    <p><strong>5 May:</strong> Continued gains, closing at Rs.93.32 (+5.43%)</p>\n                    <p><strong>6 May:</strong> Modest rise to Rs.93.70 (+0.41%) amid broader market strength</p>\n                    <p><strong>7 May:</strong> Decline to Rs.91.39 (-2.47%) with mixed technical signals</p>\n                    <p><strong>8 May:</strong> Recovery to Rs.92.20 (+0.89%) closing the week</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.88.51</div></div>\n        ..."
      },
      {
        "title": "Electrosteel Castings Ltd Shows Mixed Technical Signals Amid Sideways Momentum Shift",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/electrosteel-castings-ltd-shows-mixed-technical-signals-amid-sideways-momentum-shift-3978825",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ElectrosteelCas_technicaldot_3978825.png",
        "date": "2026-05-07 08:03:07",
        "description": "Electrosteel Castings Ltd, a small-cap player in the Iron & Steel Products sector, has recently exhibited a notable shift in its technical momentum, moving from a mildly bearish stance to a sideways trend. Despite a modest day gain of 0.41%, the stock’s technical indicators present a complex picture, with weekly and monthly signals diverging, reflecting uncertainty in near-term price direction."
      },
      {
        "title": "Electrosteel Castings Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/electrosteel-castings-ltd-is-rated-sell-3977445",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ElectrosteelCas_mojoScore_3977445.png",
        "date": "2026-05-06 10:11:00",
        "description": "Electrosteel Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 11 Mar 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 06 May 2026, providing investors with an up-to-date view of its fundamentals, returns, and overall outlook."
      }
    ],
    "total": 15,
    "sid": "573496",
    "stock_news_url": "https://marketsmojo.motilaloswal.com/news/electrosteel-castings-573496"
  },
  "announcements": [
    {
      "caption": "Update Under Regulation 30 Of SEBI (LODR) Reg 2015",
      "datetime": "13-Jun-2026",
      "details": "The Company will carry out a planned Shutdown of its MBF Production Facility at Khardah Works Unit and Main Plant from 14 June 2026.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Resignation of Director",
      "datetime": "11-Jun-2026",
      "details": "This is to inform that Mr. Ashutosh Agarwal has tendered his resignation from the position of Whole-time Director and CFO of the Company.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)",
      "datetime": "11-Jun-2026",
      "details": "This is to inform that Mr. Ashutosh Agarwal has tendered his resignation from the position of Whole-time Director and CFO of the Company.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Electrosteel Castings Ltd has declared <strong>140%</strong> dividend, ex-date: 14 Aug 25",
          "dt": "2025-08-14",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Electrosteel Castings Ltd has announced <strong>1:10</strong> stock split, ex-date: 17 Sep 07",
          "dt": "2007-09-17",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Electrosteel Castings Ltd Downgraded to Strong Sell Amid Deteriorating Quality Metrics

2026-05-20 08:00:07

Electrosteel Castings Ltd, a small-cap player in the Iron & Steel Products sector, has seen its quality rating downgraded from average to below average as of 19 May 2026. This shift reflects deteriorating business fundamentals, including weakening profitability metrics, rising leverage, and inconsistent operational performance, raising concerns for investors amid a challenging market environment.

Are Electrosteel Castings Ltd latest results good or bad?

2026-05-19 19:18:59

Electrosteel Castings Ltd's latest financial results for the quarter ending March 2026 indicate significant operational challenges. The company reported a net profit of ₹15.98 crores, which reflects a substantial decline of 90.51% year-on-year. Revenue for the same period was ₹1,492.74 crores, marking a 12.23% decrease compared to the previous year. This decline in revenue is accompanied by a notable compression in operating margins, which fell to 4.14% from 9.38% in the year-ago quarter, indicating pressure on pricing power and cost management. While there was a sequential recovery from the previous quarter, where the company posted a loss, the year-on-year comparison highlights a concerning trend across key financial metrics. The company’s reliance on other income to support profitability raises questions about the sustainability of its earnings quality. The operational performance reflects deeper stru...

Electrosteel Castings Ltd Opens 5% Lower as Technicals Signal Continued Downside Pressure

2026-05-19 09:35:17

Electrosteel Castings Ltd Q4 2026 Results Show Marginal Improvement Amid Persistent Challenges

2026-05-19 08:00:06

Electrosteel Castings Ltd reported its quarterly results for March 2026, revealing a slight improvement in financial trends despite ongoing operational challenges. The company’s financial trend score improved from very negative to negative, reflecting a modest recovery in performance metrics, though profitability remains under pressure.

When is the next results date for Electrosteel Castings Ltd?

2026-05-12 23:16:53

The next results date for Electrosteel Castings Ltd is scheduled for 18 May 2026....

Electrosteel Castings Ltd Sees Mixed Technical Signals Amid Mildly Bearish Momentum

2026-05-12 08:04:06

Electrosteel Castings Ltd, a small-cap player in the Iron & Steel Products sector, has experienced a notable shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. Despite this, the stock’s longer-term performance remains robust, though recent technical indicators present a complex picture for investors assessing its near-term prospects.

Electrosteel Castings Ltd Gains 4.17%: Key Technical Shifts and Market Moves This Week

2026-05-09 17:01:03

Key Events This Week 4 May: Intraday high with 10.88% surge, closing at Rs.88.51 5 May: Continued gains, closing at Rs.93.32 (+5.43%) 6 May: Modest rise to Rs.93.70 (+0.41%) amid broader market strength 7 May: Decline to Rs.91.39 (-2.47%) with mixed technical signals 8 May: Recovery to Rs.92.20 (+0.89%) closing the week Week OpenRs.88.51 ...

Electrosteel Castings Ltd Shows Mixed Technical Signals Amid Sideways Momentum Shift

2026-05-07 08:03:07

Electrosteel Castings Ltd, a small-cap player in the Iron & Steel Products sector, has recently exhibited a notable shift in its technical momentum, moving from a mildly bearish stance to a sideways trend. Despite a modest day gain of 0.41%, the stock’s technical indicators present a complex picture, with weekly and monthly signals diverging, reflecting uncertainty in near-term price direction.

Electrosteel Castings Ltd is Rated Sell

2026-05-06 10:11:00

Electrosteel Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 11 Mar 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 06 May 2026, providing investors with an up-to-date view of its fundamentals, returns, and overall outlook.

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