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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comElectrosteel Castings Limited (ECL) is one of India’s oldest and most trusted ductile iron (DI) pipe manufacturers. With a strong presence in the water infrastructure and sanitation sector, the company has played a vital role in ensuring sustainable water management and urban development across India and abroad.
In this article, we’ll explore Electrosteel Castings Ltd share price targets from 2025 to 2030, its fundamentals, shareholding pattern, and long-term investment outlook.
| Detail | Value |
|---|---|
| Open | ₹84.25 |
| Previous Close | ₹85.64 |
| Day’s High | ₹84.63 |
| Day’s Low | ₹79.43 |
| Volume | 4,246,514 |
| Value (Lacs) | ₹3,528.85 |
| VWAP | ₹81.84 |
| Beta (Volatility) | 1.54 |
| Market Cap (Rs. Cr.) | ₹5,137 |
| UC Limit | ₹102.76 |
| LC Limit | ₹68.51 |
| 52-Week High | ₹170.70 |
| 52-Week Low | ₹79.43 |
| Face Value | ₹1 |
| All-Time High | ₹236.60 |
| All-Time Low | ₹7.30 |
Founded in 1955, Electrosteel Castings Ltd is a pioneer in the manufacturing of ductile iron pipes, fittings, and cast iron products. Headquartered in Kolkata, the company serves both domestic and international markets and has supplied DI pipes to over 90 countries.
India’s first manufacturer of Ductile Iron (DI) pipes.
Strong presence in water infrastructure, sanitation, and irrigation projects.
Exports to over 90 countries across Asia, Africa, and Europe.
Robust order book backed by government initiatives like Jal Jeevan Mission and Smart City Mission.
Steady financial performance supported by strong operational capacity and brand trust.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 46.21% |
| Foreign Institutions | 19.25% |
| Mutual Funds | 0.18% |
| Retail & Others | 34.29% |
| Other Domestic Institutions | 0.06% |
This structure shows strong promoter confidence and a significant retail investor base, along with stable foreign institutional participation.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 90 | 100 |
| 2026 | 105 | 120 |
| 2027 | 125 | 140 |
| 2028 | 145 | 160 |
| 2029 | 165 | 185 |
| 2030 | 190 | 210 |
These price targets are based on the company’s consistent order inflows, sectoral growth in water infrastructure, and expected improvement in profit margins.
In 2025, the company is likely to stabilize after recent volatility.
Why?
Continued demand from water and sanitation projects.
Government schemes like Jal Jeevan Mission driving order growth.
Investment Advice: Investors can accumulate the stock for moderate returns as the sector outlook remains positive.
By 2026, profitability and export growth could strengthen the company’s position.
Why?
Increase in export orders.
Improved operating margins and debt reduction.
Investment Advice: Hold for long-term; strong upside expected in infrastructure-linked demand.
ECL’s revenue could expand further with large-scale infrastructure projects.
Why?
Urban infrastructure expansion across India.
Strong supply chain and production efficiency.
Investment Advice: Reinvest dividends and continue holding for compounding benefits.
The company may achieve higher turnover as new contracts and international projects boost earnings.
Why?
Growth in exports and domestic pipeline projects.
Operational efficiency and technology-driven production.
Investment Advice: Continue SIP or phased investment strategy.
ECL may witness robust growth as India focuses on sustainable water management systems.
Why?
Government investments in clean water projects.
Increased global demand for DI pipes.
Investment Advice: Long-term investors can benefit from consistent growth and dividend income.
By 2030, Electrosteel Castings could establish itself as a global leader in water infrastructure solutions.
Why?
Expansion into new international markets.
Strategic partnerships and modernization of plants.
Investment Advice: Excellent long-term opportunity for investors seeking steady returns and capital appreciation.
Yes. Electrosteel Castings Ltd is a strong mid-cap player with over six decades of expertise and a steady market presence. Its focus on sustainability and infrastructure development positions it well for long-term growth.
Consistent performance and global presence.
Beneficiary of government infrastructure and water projects.
Increasing export potential.
Reasonable valuation with healthy promoter holding.
Raw material price fluctuations (iron and steel).
Delays in large infrastructure projects.
Global economic slowdown impacting exports.
Electrosteel Castings Ltd has evolved into a major player in the global ductile iron pipe industry. With a current market capitalization of ₹5,137 crore and strong promoter holding, the company remains a solid bet for long-term investors.
Given its presence in critical water infrastructure and sanitation sectors, analysts estimate that the stock could reach between ₹190 and ₹210 by 2030, supported by India’s growing infrastructure demand and global expansion opportunities.
For investors seeking stability, steady growth, and exposure to infrastructure development, Electrosteel Castings Ltd can be a strong addition to a long-term portfolio.
1. What is the current share price of Electrosteel Castings Ltd?
As of November 2025, the share trades around ₹85.64.
2. What is the 52-week high and low of ECL?
The 52-week high is ₹170.70, and the 52-week low is ₹79.43.
3. Is Electrosteel Castings Ltd a good buy now?
Yes, considering its fundamentals, steady order book, and sectoral growth, it’s a good long-term investment.
4. What is the share price target for ECL by 2030?
The long-term target for Electrosteel Castings Ltd could range between ₹190 and ₹210.
5. Who holds the majority shares in Electrosteel Castings Ltd?
Promoters hold 46.21% of the company’s total shareholding.
Disclaimer: This article is for educational and informational purposes only. Please consult a SEBI-registered financial advisor before making any investment decisions.
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