776.5000 16.50 (2.17%)
BSE May 08, 2025 14:46 PM
Volume: 2,319
 

776.50
2.17%
ICICI Securities Limited
Slowdown in key automotive clients impacts performance IPCL predominantly caters to auto OEMs. The company derives ~80% revenue from the automotive sector wherein it provides casting products such as gear shifter fork, pre combustion chamber, etc. Generally, revenue contribution by sub-segment involves passenger vehicles (40%), commercial vehicles (40%), two-wheelers and tractors contribute (20%). Maruti Suzuki is the company's largest client. A slowdown and uncertain growth among leading auto OEM manufacturers over the next two to three...
Investment & Precision Castings Ltd. is trading above its 50 day SMA of 699.8
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