Electrosteel Castings Unveil 1:1 Bonus

Electrosteel Castings had declared and 1:1 bonus issue to its shareholders for 1999-2000. The cast iron pipe company's gross sales increased to Rs 526.53 crore in 1999-2000 from Rs 424.58 crore. Net profit went up Rs 88.72 crore from Rs 60.65 crore.