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Welcast Steels
948.
00
-948.00
(-100.00%)
Market Cap
₹60.70 Cr
PE Ratio
-18.82
Industry
Industrial Products
Buy
Sell
Company Performance:
1D
-100.00%
1M
-7.96%
6M
-12.22%
1Y
-31.23%
5Y
+196.34%
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Latest news about Welcast Steels
Welcast Steels Reports Significant Loss and Announces Permanent Factory Closure
4 days ago
Welcast Steels Limited reported a net loss of Rs 625.56 crore for Q2 FY2026, with revenue declining to Rs 2,065.01 crore. The company announced the permanent closure of its only factory in Bangalore, effective December 15, 2025, resulting in exceptional expenses of Rs 209.24 crore. The Board is currently deciding the future course of the company's activities. Financial statements reflect the impact of this decision, with non-financial assets measured at lower of carrying value and fair value less costs to sell.
Welcast Steels to Permanently Close Bengaluru Plant, Citing Outdated Technology and Economic Unfeasibility
Oct 15, 2025
Welcast Steels Reports Narrowed Losses and Appoints New CEO
Aug 06, 2025
Welcast Steels CEO V. V. R. Mohana Rao Steps Down
Jul 31, 2025
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