EL Forge Share Price Live
ELFORGE
Small Cap | Castings, Forgings & Fastners
Live EL Forge Share Price Chart
O H L VOL
Days Range
Data is not available currently. Please check back later.
Data is not available currently. Please check back later.
About EL Forge
EL Forge Ltd (the earlier name was Ellore Electric Supply Company Limited) incorporated during 1934, and started its forging operations during 1963. The Company is engaged in the business of manufacturing Rough Steel Forgings i.e., fuel injection forgings, steering rods, tie rods, engine and gear boxes, starter items etc. for automobile industry. The Company exports its products to the US, Germany, Sri Lanka, China, Malaysia, etc. It has a manufacturing unit at Appur Village, near Chennai. The present installed capacity of forgings is 12000 TPA.
The Company became the largest manufacturer of forgins in South India after the merger of Chendur Forge Export, a company in the same line of business with the company(with effective from April 1, 1995). To fund this acquisition of Chendur Forgings and financing the cost of machinery & to augment long-term working capital, the company came out with a rights issue at a premium of Rs.30 aggregating Rs.3.51 Cr in 1995.
In 1995-96, the installed capacity of forgings was expanded from 10,200 tpa to 18,200 tpa. And during 1998-99, the Company has put up an additional state of the art machinery and software in the tool room at a cost of Rs.167.75 lakhs.
On Qulity front, El Forge's all factories/plants are ISO 9000 accredited. Apart from this one of the plant is QS 9000 approved. Two more factories have been certified for QS 9000 and it is anticipated that all the five factories will be QS 9000 approved by March 2002.
The Company embarked on Modernization cum Expansion Plant at Attur, which got commissioned in 2006-07. Shakespeare Forgings Ltd, UK ceased to be a subsidiary company during the year due to drop in UK business in 2015.
Parent Organisation
Indian Private
Managing Director
V Srikanth
Founded
1934
NSE Symbol
ELFORGE
Community Discussion
A
AngelOne
10th July, 2024
0 Likes
0 Replies
A
AngelOne
10th July, 2024
EL Forge Ltd-latest-market-updates-66339
0 Likes
0 Replies
Popular stocks
El Forge Ltd FAQs
What is the share price of El Forge Ltd (ELFORGE) shares?
El Forge Ltd (ELFORGE) share price as of NA, on NSE is Rs NA (NSE) and Rs NA (BSE) on BSE.
Can I buy El Forge Ltd (ELFORGE) from Angel One?
Yes, You can buy El Forge Ltd (ELFORGE) shares by opening a Demat account with Angel One.
How do I buy El Forge Ltd (ELFORGE) from Angel One?
El Forge Ltd (ELFORGE) share can be bought through the following modes:
1. Direct investment: You can buy El Forge Ltd (ELFORGE) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to El Forge Ltd (ELFORGE) shares.
1. Direct investment: You can buy El Forge Ltd (ELFORGE) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to El Forge Ltd (ELFORGE) shares.
Open Free Demat Account!
Enjoy ₹0 Account Opening Charges
Join our 2 Cr+ happy customers