Electrosteel Castings Ownership

ELECTCAST   92.76  0.71  0.76%   
Electrosteel Castings holds a total of 618.19 Million outstanding shares. Electrosteel Castings Limited retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
2018-06-30
Previous Quarter
618.2 M
Current Value
618.3 M
Avarage Shares Outstanding
501.4 M
Quarterly Volatility
93.8 M
 
Covid
Some institutional investors establish a significant position in stocks such as Electrosteel Castings in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Electrosteel Castings, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electrosteel Castings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Electrosteel Stock Ownership Analysis

About 52.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.05. Some equities with similar Price to Book (P/B) outperform the market in the long run. Electrosteel Castings recorded earning per share (EPS) of 13.53. The entity last dividend was issued on the 16th of August 2024. The firm had 10:1 split on the 17th of September 2007. To learn more about Electrosteel Castings Limited call Sunil Katial at 91 33 2283 9990 or check out https://www.electrosteel.com.

Electrosteel Castings Outstanding Bonds

Electrosteel Castings issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Electrosteel Castings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Electrosteel bonds can be classified according to their maturity, which is the date when Electrosteel Castings Limited has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

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Other Information on Investing in Electrosteel Stock

Electrosteel Castings financial ratios help investors to determine whether Electrosteel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Electrosteel with respect to the benefits of owning Electrosteel Castings security.