ELECTCAST.NS Live signals | Maximize Profits with Getagraph.com

Live Chart Being Loaded With Signals

Commentary (9 May 2024 @ 03:29):

Electrosteel Castings Limited manufactures and supplies ductile iron (DI) pipes, DI fittings and accessories, and cast iron (CI) pipes in India and internationally...

Stats
Today's Volume	685 450
Average Volume	3.16M
Market Cap	103.31B
EPS	INR4.40 ( 2024-02-13 )
Next earnings date	( INR0 ) 2024-05-13
Last Dividend	INR0.900 ( 2023-09-04 )
Next Dividend	INR0 ( N/A )
P/E	17.22
ATR14	INR0.220 (0.13%)

Volume Correlation

Long: -0.18 (neutral)

Short: -0.96 (very strong negative)

Signal:(26.126) Possible Trading Opportunity Present (swing)

Electrosteel Castings Correlation

10 Most Positive Correlations
FAIRCHEMOR.NS	0.869
KOPRAN.NS	0.868
ASIANTILES.NS	0.867
STAR.NS	0.862
APLLTD.NS	0.859
PVP.NS	0.856
BBOX.NS	0.852
SMSPHARMA.NS	0.852
DIVISLAB.NS	0.85
SHREYAS.NS	0.848

10 Most Negative Correlations
4THDIM.NS	-0.884
RAJRILTD.NS	-0.87
LTGILTBEES.NS	-0.829

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Electrosteel Castings Correlation - Currency/Commodity

0.12
( neutral )

0.54
( weak )

-0.36
( neutral )

0.61
( weak )

0.12
( neutral )

0.04
( neutral )

Electrosteel Castings Financials

Annual	2022
Revenue:	INR72.76B
Gross Profit:	INR32.87B (45.18 %)
EPS:	INR5.31

FY	2022
Revenue:	INR72.76B
Gross Profit:	INR32.87B (45.18 %)
EPS:	INR5.31

FY	2022
Revenue:	INR52.65B
Gross Profit:	INR19.94B (37.88 %)
EPS:	INR5.84

FY	2021
Revenue:	INR34.47B
Gross Profit:	INR15.22B (44.16 %)
EPS:	INR-3.37

Financial Reports:

No articles found.

Electrosteel Castings Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
INR0.800 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0.900 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)

Electrosteel Castings Dividend Information - Dividend Junior

Dividend Sustainability Score: 4.17 - low (38.72%) | Divividend Growth Potential Score: 5.07 - Stable (1.49%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	INR1.000	2002-08-19
Last Dividend	INR0.900	2023-09-04
Next Dividend	INR0	N/A
Payout Date	0000-00-00
Next Payout Date	N/A
# dividends	23	--
Total Paid Out	INR17.90	--
Avg. Dividend % Per Year	1.51%	--
Score	2.72	--
Div. Sustainability Score	4.17
Div.Growth Potential Score	5.07
Div. Directional Score	4.62	--

Next Divdend (Est)
(2024-06-14)

INR0.977 Estimate 3.12 %

Dividend Stability

0.25 Very Poor

Dividend Score

2.72

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2002	INR0	0.00%
2003	INR0	0.00%
2004	INR0	0.00%
2005	INR0	0.00%
2006	INR0	0.00%
2007	INR0	0.00%
2008	INR0	0.00%
2009	INR0	0.00%
2010	INR0	0.00%
2011	INR0	0.00%
2012	INR0	0.00%
2013	INR0	0.00%
2014	INR0	0.00%
2015	INR0	0.00%
2016	INR0	0.00%
2017	INR0	0.00%
2018	INR0.300	1.05%
2019	INR0	0.00%
2020	INR0.600	4.78%
2021	INR0.250	1.11%
2022	INR0.800	2.17%
2023	INR0.900	2.27%
2024	INR0	0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend
SHRIPISTON.NS	Dividend Junior	2023-06-27	Semi-Annually	9	0.89%
MASFIN.NS	Dividend Knight	2023-07-19	Annually	8	0.28%
GRPLTD.NS	Dividend Junior	2023-07-28	Annually	10	0.46%
BANARISUG.NS	Dividend Junior	2023-08-28	Annually	22	0.34%
POWERMECH.NS	Dividend Junior	2023-09-21	Sporadic	9	0.07%
JUBLINGREA.NS	Dividend Junior	2023-08-10	Semi-Annually	4	0.47%
DREAMFOLKS.NS	Dividend Junior	2023-08-22	Insufficient data to determine frequency	2	0.05%
ACC.NS	Dividend Junior	2023-07-06	Annually	22	0.86%
SSWL.NS	Dividend Junior	2023-08-14	Annually	20	0.30%
MRF.NS	Dividend Knight	2023-07-20	Semi-Annually	23	0.11%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0820	1.500	8.36	10.00	[0 - 0.5]
returnOnAssetsTTM	0	1.200	0	0	[0 - 0.3]
returnOnEquityTTM	0.134	1.500	9.62	10.00	[0.1 - 1]
payoutRatioTTM	0	-1.000	0	0	[0 - 1]
currentRatioTTM	0	0.800	-5.00	-4.00	[1 - 3]
quickRatioTTM	0	0.800	-4.71	-3.76	[0.8 - 2.5]
cashRatioTTM	0	1.500	-1.111	-1.667	[0.2 - 2]
debtRatioTTM	0	-1.500	0	0	[0 - 0.6]
interestCoverageTTM	4.15	1.000	9.57	9.57	[3 - 30]
operatingCashFlowPerShareTTM	16.23	2.00	4.59	9.18	[0 - 30]
freeCashFlowPerShareTTM	14.34	2.00	2.83	5.66	[0 - 20]
debtEquityRatioTTM	0	-1.500	0	0	[0 - 2.5]
grossProfitMarginTTM	0.482	1.000	5.30	5.30	[0.2 - 0.8]
operatingProfitMarginTTM	0.138	1.000	9.23	9.23	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0	1.000	-1.111	-1.111	[0.2 - 2]
assetTurnoverTTM	0	0.800	-3.33	-2.67	[0.5 - 2]
Total Score				4.17

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	17.80	1.000	8.30	0	[1 - 100]
returnOnEquityTTM	0.134	2.50	9.75	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	14.34	2.00	5.22	5.66	[0 - 30]
dividendYielPercentageTTM	0.776	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	16.23	2.00	4.59	9.18	[0 - 30]
payoutRatioTTM	0	1.500	0	0	[0 - 1]
pegRatioTTM	-0.0949	1.500	-3.97	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.131	1.000	9.22	0	[0.1 - 0.5]
Total Score				5.07

Electrosteel Castings

Electrosteel Castings Limited manufactures and supplies ductile iron (DI) pipes, DI fittings and accessories, and cast iron (CI) pipes in India and internationally. It offers DI pipes, such as electrolock restraint joint pipes and fittings; ductile iron pipes and fittings; electro-PUC ductile iron pipes with PU coatings; electrotuff ductile iron pipes and fittings with epoxy coatings; ductile iron fittings; and electrolock joint clamp rings. The company's DI pipes are used in various applications, including raw and clear water transmission; distribution network of potable water; water supply for industrial/process plants; ash-slurry handling and disposal systems; on-shore and off-shore firefighting systems; desalination plants; sewerage and waste water force mains; gravity sewerage collection and disposal systems; storm water drainage piping; domestic and industrial disposal systems; recycling systems; piping work in water and sewage treatment plants; vertical connection to utilities and reservoirs; piling for ground stabilization; and protective piping under carriage-ways. It also provides metallurgical coke, sinter, cement, sponge iron, ferro silicon, pig iron, and silico manganese ferro alloy. The company was formerly known as Dalmia Iron and Steel Ltd. Electrosteel Castings Limited was incorporated in 1955 and is headquartered in Kolkata, India.

Realtime updates for Electrosteel Castings [ELECTCAST.NS]

Upcoming Earnings Alert

Electrosteel Castings Dividend Information - Dividend Junior

Dividend Commentary

Top 10 dividend Companies for NSE

Dividend Sustainability Score (DSS)

Dividend Growth Score (DGS)