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Summary | Date | Stock | Broker | Price at Reco. | Target | Price at reco Change since reco(%) | Upside(%) | Type | Report | Discuss |
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2018-05-02 | Nelcast Ltd. + | Joindre Capital Services | 90.20 | 140.00 | 90.20 (-27.11%) | Buy | NELCAST LIMITED
Joindre Capital Services
Incorporated in 1982, Nelcast manufactures grey and ductile castings for the M&HCV; and tractor industry segments. Nelcasts product profile for the M&HCV; segment includes wheel hubs, brake drums, axle housing, shackles and brackets. For the tractor segment, its product profile comprises transmission case, centre housing, rear axle housing and hydraulic lift cover. It also supplies ribbed plates and brake discs used in metro rail projects and railways. Nelcast has an aggregate installed capacity of 150,000 tonne per annum at its two...
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