Electrotherm (India) Limited (ELECTHERM) Price & Analysis

Founded in 1983 and headquartered in Ahmedabad, India, Electrotherm (India) Limited is a company with both domestic and international reach, engaged in the production and sale of a wide array of industrial machinery, steel products, and renewable energy solutions. Its operations are organized into four key segments: Engineering & Project, Special Steel, Electric Vehicle, and Others. The company's extensive product portfolio includes manufacturing critical equipment such as induction furnaces, metal refining converters, continuous casting machines, and various specialized transformers (converter, furnace, special duty), along with induction heating and hardening systems for heat treatment processes. In the steel sector, Electrotherm produces sponge and pig iron, ferrous and non-ferrous billets, bars, and ingots, ductile iron pipes, refined steel, and specific products like cut-and-bend and epoxy-coated TMT bars. Beyond metallurgy, Electrotherm also constructs transmission line towers, power substation structures, and frameworks for solar power plants. Demonstrating a commitment to sustainable transport, the company offers battery-operated electric bikes and scooters under its "Yo Bykes" brand. Furthermore, it provides comprehensive solar PV solutions, encompassing both rooftop and ground-mounted installations, for industrial and commercial applications, alongside various services related to steel melting and other capital equipment.