Risk factor
Very high price volatility
Profitability factor
Good growth
About
Creative Castings Limited, an Indian enterprise, excels in the fabrication, sale, and global distribution of both processed and unprocessed investment castings. The firm's business activities are structured into two core areas: Investment Casting and Power generation. It produces a wide array of ferrous castings, including various grades of stainless steel and carbon steel, alongside non-ferrous castings crafted from cobalt and nickel-based alloys. These high-precision products are utilized across a multitude of industries, such as the pump and valve sector, oil and gas refining, general and electrical engineering, fire safety equipment, medical implants, agricultural machinery, and defense. Additionally, the company generates electricity through wind power. Its international reach extends to markets including the United States, the United Kingdom, Italy, Germany, Hungary, and France. Dhirubhai Haribhai Dand founded the company in 1980, and its headquarters are situated in Junagadh, India.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers.