1. Electrosteel Castings Ltd is a 1 rupee face value steel pipe and fittings company.
3. Base price ( last 3 year average price ) of this stock is 19.68 so CMP 17.55 is 10.82% below from base price so if this stock is available below 16.72 then this is a good penny stock for multi bagger returns.
a. If stock full-fill all of my stock screening criteria like no pledged share, year high/low below 2 net sale per share is above CMP etc then stock recommendation is publish on my main webpage but if stock is good and have potential to become a multi-bagger but stock have some ignorable negative point like few of pledged stocks etc then It will be publish on mypennyshare blog .
6. FII holding in Electrosteel Castings Ltd is 1.38 % DII holding is 8.03% in Electrosteel Castings Ltd.
8. No any bulk deal, bonus and stock split in last 2 year.
10.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Electrosteel Castings Ltdso my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Electrosteel Castings Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not not received any type of compensation from the subject company(Electrosteel Castings Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company( Electrosteel Castings Ltd ). 6. I have been not engaged in market making activity for the subject company(Electrosteel Castings Ltd).