Nelcast Limited is one of India’s leading manufacturers of ductile and grey iron castings, primarily catering to the commercial vehicle, tractor, and railways sector. Established in 1982, Nelcast has built a solid reputation for consistent quality, modern production technology, and strong industry relationships. With a growing demand in the auto and engineering sectors, the company’s stock is being closely watched by investors for long-term potential. In this article, we’ll explore the expected Nelcast Ltd share price target from 2025 to 2030, based on its performance, fundamentals, and market trends.
Let’s understand Nelcast’s current stock status and evaluate its growth potential in the coming years.
Detail | Value |
---|---|
Open | ₹167.00 |
Previous Close | ₹168.98 |
Day's High | ₹176.80 |
Day's Low | ₹165.35 |
VWAP | ₹172.08 |
52-Week High | ₹180.90 |
52-Week Low | ₹78.55 |
All-Time High | ₹194.30 |
All-Time Low | ₹3.17 |
Market Capitalization | ₹1,512 Cr |
Volume | 16,87,257 |
Value (Lacs) | ₹2,934.14 |
20D Avg Volume | 10,91,766 |
20D Avg Delivery (%) | 17.65% |
Beta | 1.39 |
Face Value | ₹2 |
Dividend Yield | 0.29% |
Book Value per Share | ₹61.29 |
Nelcast Ltd manufactures high-quality iron castings used in automotive, agriculture, and industrial sectors. The company operates state-of-the-art foundries in Andhra Pradesh and Tamil Nadu. It supplies critical parts like suspension brackets, housings, hubs, and differential carriers to leading OEMs in India and abroad.
Over four decades of casting expertise
Strong presence in domestic and export markets
Regular technological upgrades and R&D investment
Focused on operational efficiency and margin expansion
Strategic client partnerships with major auto manufacturers
Investor Type | Holding (%) |
---|---|
Promoters | 74.87% |
Retail & Others | 25.13% |
This high promoter holding reflects strong confidence from company insiders and limited dilution of ownership.
Year | Minimum Target (₹) | Maximum Target (₹) |
---|---|---|
2025 | ₹165 | ₹185 |
2026 | ₹190 | ₹210 |
2027 | ₹215 | ₹235 |
2028 | ₹240 | ₹260 |
2029 | ₹265 | ₹285 |
2030 | ₹290 | ₹320 |
These estimates are based on current fundamentals, market trends, sector growth, and volatility captured through a beta of 1.39.
In 2025, Nelcast is expected to benefit from increased demand in the auto and agriculture sectors. Government spending on railways and infrastructure also supports growth in castings demand.
Why?
Revival in auto sales post-2024 slump
Higher orders from OEMs
Stabilizing input costs
Investment Advice: A good year to initiate long-term investments. Use dips to accumulate shares gradually.
Nelcast's continuous investment in technology and expansion will start reflecting in margins and capacity utilization by 2026.
Why?
Margin improvement due to automation
Growing exports in North America and Europe
Cost rationalization through better supply chain management
Investment Advice: Investors can hold and watch for Q2 and Q4 financials before taking fresh positions.
In 2027, Nelcast is likely to expand further into value-added products and high-margin clients in overseas markets.
Why?
Rise in premium casting product portfolio
Increasing overseas contracts
Higher RoE and EPS expected
Investment Advice: Reinvest dividends, and maintain stock in mid-cap long-term portfolio.
With rising market share and new product launches in the auto components sector, 2028 could be a breakout year.
Why?
High-volume orders from domestic auto makers
Capacity expansion utilization
Stronger balance sheet and operating cash flow
Investment Advice: Ideal for SIP-based investing; good year to raise holdings.
Nelcast may emerge as one of the leading casting exporters from India by 2029 if global market trends remain stable.
Why?
Consistent revenue growth and PAT improvement
Supportive commodity price environment
Lower debt and better liquidity
Investment Advice: Medium- to long-term investors should continue holding with periodic reviews.
By 2030, Nelcast Ltd could achieve its all-time high, supported by robust demand, strong promoter confidence, and consistent profitability.
Why?
Stable and matured product line
Superior operational efficiency
Diversified revenue sources
Investment Advice: Strong buy for long-term investors targeting CAGR-driven returns.
Yes, Nelcast shows consistent growth in revenues, strong promoter holding, improving financial metrics, and a resilient business model. These qualities make it a suitable pick for long-term investors focused on mid-cap manufacturing stocks.
Strategic position in auto and agri components supply
Operational excellence with modern facilities
Growing export footprint
Strong support from promoters
High volatility (Beta 1.39) may lead to short-term price swings
Exposure to raw material cost fluctuations
Sector dependency on commercial vehicles and tractor demand
Global trade challenges or policy shifts
Investors should monitor quarterly results, macroeconomic indicators, and company expansion news regularly.
Nelcast Ltd is one of India’s emerging industrial companies with strong fundamentals and a promising future. As of August 2025, its stock is trading close to ₹169 with high volumes and a 52-week high near ₹181. Over the next five years, the company is likely to benefit from manufacturing growth, rising exports, and operational efficiency.
If you're seeking exposure to the growing auto and engineering sector with a long-term vision, Nelcast can be a solid mid-cap addition to your portfolio.
1. What is the current share price of Nelcast Ltd?
As of August 1, 2025, Nelcast is trading around ₹169.
2. Is Nelcast a good long-term investment?
Yes, Nelcast has strong promoter backing, improving financials, and growth prospects in the casting industry.
3. What is Nelcast’s share price target for 2025?
Analysts expect it to range between ₹165 and ₹185 in 2025.
4. Does Nelcast pay dividends?
Yes, it has a small dividend yield of 0.29%, showing a commitment to shareholder value.
5. What sectors does Nelcast serve?
Nelcast provides casting components for the automotive, agriculture, and railway sectors.
6. What is the market cap of Nelcast?
As of August 2025, Nelcast’s market cap stands at ₹1,512 crore.
7. Is Nelcast listed on NSE and BSE?
Yes, Nelcast is listed on both exchanges and can be traded easily.
8. What are the main risks of investing in Nelcast?
Sector-specific demand cycles, raw material volatility, and global trade challenges.
9. What is the 52-week high and low of Nelcast?
52-week high is ₹180.90, and the low is ₹78.55.
10. Should I hold or sell Nelcast shares in 2025?
If you're invested, it's advisable to hold as long as fundamentals remain intact and macro trends are favorable.
Disclaimer: This blog is for educational purposes only. Please consult a certified financial advisor before making any investment decisions.