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Electrosteel Castings jumps as MBF Facility at West Bengal resumes operations
Electrosteel Castings rallied 3.05% to Rs 82.31 after the company announced the resumption of its Mini Blast Furnace (MBF) Production Facility at the Khardah Works, West Bengal from 24th June 2026.
Electrosteel Castings CFO Ashutosh Agarwal resigns
Electrosteel Castings announced that Ashutosh Agarwal has resigned from the position of whole-time director and chief financial officer (CFO) of the company due to personal reasons.
16 smallcaps where promoters raised stakes in the March quarter. Do you own any?
Promoters increased their stake in 16 smallcap companies during the March quarter of FY26, signaling confidence. Religare Enterprises saw the sharpest rise of 4%, followed by Electrosteel Castings with a 3.9% increase. Other notable companies include PC Jeweller and JK Paper, with promoters boosting their holdings.
Aluminium prices may hit $3,500; Vedanta remains top pick: ICICI Securities
Vikash Singh, Vice President at ICICI Securities, says the long-term outlook for aluminium also remains strong, with prices estimated near $2,950. While Nalco benefits more directly from higher aluminium prices, Vedanta remains his preferred stock. Ductile iron (DI) pipe makers such as Electrosteel Castings and Jindal Saw could also benefit from the Jal Jeevan Mission.
CEAT Ltd leads losers in 'A' group
K P R Mill Ltd, Craftsman Automation Ltd, Electrosteel Castings Ltd and Wockhardt Ltd are among the other losers in the BSE's 'A' group today, 13 March 2026.