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Alicon Castalloy Ltd.

BSE: 531147 Sector: Auto
NSE: ALICON ISIN Code: INE062D01024
BSE 10:22 | 20 Apr 600.00 -5.00
(-0.83%)
OPEN

600.05

HIGH

609.00

LOW

600.00

NSE 10:39 | 20 Apr 610.00 7.35
(1.22%)
OPEN

600.00

HIGH

610.00

LOW

600.00

OPEN 600.05
PREVIOUS CLOSE 605.00
VOLUME 121
52-Week high 763.00
52-Week low 442.25
P/E 23.55
Mkt Cap.(Rs cr) 802
Buy Price 604.00
Buy Qty 1.00
Sell Price 608.00
Sell Qty 3.00
OPEN 600.05
CLOSE 605.00
VOLUME 121
52-Week high 763.00
52-Week low 442.25
P/E 23.55
Mkt Cap.(Rs cr) 802
Buy Price 604.00
Buy Qty 1.00
Sell Price 608.00
Sell Qty 3.00

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.