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Alicon Castalloy Ltd.

BSE: 531147 Sector: Auto
NSE: ALICON ISIN Code: INE062D01024
BSE LIVE 14:42 | 25 Jul 619.00 15.55
(2.58%)
OPEN

612.00

HIGH

628.95

LOW

602.00

NSE 14:26 | 25 Jul 620.00 27.40
(4.62%)
OPEN

604.70

HIGH

627.95

LOW

600.00

OPEN 612.00
PREVIOUS CLOSE 603.45
VOLUME 6885
52-Week high 634.70
52-Week low 281.05
P/E 30.60
Mkt Cap.(Rs cr) 759
Buy Price 620.90
Buy Qty 10.00
Sell Price 623.50
Sell Qty 47.00
OPEN 612.00
CLOSE 603.45
VOLUME 6885
52-Week high 634.70
52-Week low 281.05
P/E 30.60
Mkt Cap.(Rs cr) 759
Buy Price 620.90
Buy Qty 10.00
Sell Price 623.50
Sell Qty 47.00

Alicon Castalloy Ltd. (ALICON) - Company History

Alicon Castalloy Ltd, formerly Enkei Castalloy Limited, is engaged in the business of manufacturing of automotive castings. The Company is engaged in manufacturing cylinder heads for two wheelers and four wheelers. The Company's customers are Maruti Suzuki Limited, Honda Siel Cars Limited, Tata Motors, Bajaj Auto Limited, Hero Honda Motor Industries, Honda Scooter and Motorcycle Company. International customers include John Deere, Behr Group, GE, Knorr Bremse, ZF Group, and GWK Group. The main site is located at Shikrapur, Pune with 1500 employees while the other site is at Gurgaon in North India. Plans for the new plant are under finalization which is expected to come up at Pantnagar, Uttarakhand. Alicon Castalloy Ltd was incorporated in the year 1990. The name for the group company 'alicon' is coined from the words 'aluminum' and 'consortium'. alicon is a conglomerate that reflects a group of companies coming together to form a large, trusted and respectable entity with the vision and passion to go with it. Technical expertise from Enkei Japan has helped in establishing one of the most advanced manufacturing systems in India for aluminum die cast products. alicon group currently leads the Indian market in manufacturing cylinder heads for two wheelers and 4 wheelers. alicon group has the distinction of being a single source supplier of many critical engine parts to some of Indias largest OEMs. As of March 31, 2010, the Company's products included cylinder heads for passenger cars, cylinder heads for four stroke 2/3 wheelers, support brackets, intake manifolds, EGR valve and rack housing and CAC tanks. As of March 31, 2010, the annual capacity through the facilities is 20,000 metric tons of the aluminum casting. On April 1, 2010, the alloy wheel business was demerged into a separate company, Enkei Wheels India Ltd.