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What is Electrosteel's business? |
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Electrosteel Castings Limited is a water infrastructure company. The company provides techno-economic solutions for water supply and sewerage systems that are critical to water conservation and management. The company is headquartered at Kolkata, India. It enjoyed a market capitalization of Rs. 295.5 cr ($ 65.67 million, approx. * ) (as per closing price of BSE) as on 31 March 2002 and its shares were mostly traded on the Bombay and National Stock Exchanges. The promoters, the Kejriwal group of Kolkata , held a 61.08 per cent stake in the company's equity.
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Where does it manufacture? |
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Essentially at two locations - Khardah near Kolkata (1959) and Elavur near Chennai (1982). |
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What is it based? |
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The major part of Electrosteel's production is sold within India, South-East Asia,South Asia, Middle-East, Africa and Europe. |
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What does it make? |
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Electrosteel makes ductile iron spun pipes (commissioned in 1994) and cast iron pipes (commissioned in 1959). Since the company went into the production of ductile iron pipes, production capacity has more than doubled in eight years. |
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What was Electrosteel's performance like? |
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Electrosteel's performance has been growing higher, year after year.Electrosteel reported a turnover of Rs.724.45 Cr and profit after tax of Rs. 73.68 Cr in 2003-04. The company enjoyed a market capitalisation of Rs 476.62 Cr towards the close of 2003-04.. Click here for more details. |
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What makes Electrosteel Competitive? |
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First-rate quality. Electrosteel has been an ISO 9002 certified company since 1995. The company is already certified for ISO 9001 : 2000 and ISO 14001, besides a host of other certifications, a testimony to its responsibility towards the environment. The company practices total productivity management (TPM), a quality initiative. The company is also integrated backwards into the manufacture of pig iron, its principal raw material.
1 crore (cr.) = Rs.100,00,000
* Assumption: Rs.45 = $1 |
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