Risk factor
Very poor trading liquidity
Profitability factor
Favourable analyst view
About
Headquartered in Pune, India, Alicon Castalloy Limited, established in 1990 and formerly known as Enkei Castalloy Limited, operates internationally, specializing in the end-to-end development and production of aluminum components. The company provides a full spectrum of services, ranging from prototyping and design to diverse casting techniques—including gravity die, low pressure die, and sand casting—as well as advanced machining, assembly, surface treatment, and painting. Its extensive product range features critical automotive parts such as cylinder heads, suspension components, wheel hubs, bridge fork tops, outer tubes, and inlet pipes. Alicon is also a key manufacturer of specialized housings for electric vehicles, including battery, inverter, motor, and fuel cell tank housings, alongside swing arms. Furthermore, the company's expertise extends to producing aluminum alloy wheels for military tanks, gravity die-casted components for the energy sector, and brake system parts for locomotives. These specialized aluminum products are integral to numerous sectors, including e-mobility, automotive, aerospace, marine, defense, rail, medical, infrastructure, energy, and agriculture.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on E
Target Price
The average target price of ALICON.NS is 1391 and suggests 62.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to