Electrotherm (India) Limited, an engineering and steel company, provides steel melting solutions worldwide. It operates through Engineering & Technologies, Special Steel, Electric Vehicle, and Others segments. The company designs and manufactures steel plants equipment, foundries, induction heating, and hardening equipment for heat treatment. It also engages in the manufacture of TMT bars and ductile iron pipes, including blast furnaces, sponge iron kilns, induction furnaces, rolling mills, ladle refining furnace, and pipe making facilities. In addition, the company provides solar photovoltaic rooftop and ground-mounted solutions to industrial and commercial sectors. Further, it offers induction furnace, casting machines, transformers, sponge and pig iron, ferrous and non-ferrous billets/bars/ingots, duct iron pipes, transmission line towers, and battery operated vehicles; and services related to steel melting and other capital equipment. The company was founded in 1983 and is headquartered in Ahmedabad, India.
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The market has climbed 1.5% in the last 7 days, lead by the Financials sector with a gain of 2.3%. In contrast, the market has seen a decline of 4.7% over the last 12 months. As for the next few years, earnings are expected to grow by 16% per annum. Market details ›