Elango Industries Ltd
Elango Industrie | 513452
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About Company
- Elango Industries Limited, established in 1989, was manufacturing Steel Ingots from 1991 to 2003
- The Company was promoted by Mr
- The Company came with Public Issue in 1993 for Rs
- It initially established a steel plant to produce steel ingots in Karaikal and Pondicherry in 1994
- After about 10 years in the steel industry, it was sold and the promoters commissioned a 7 Mw Gas based power plant in 2005 in Mayiladuthurai
- Later, seeing good prospects and opportunities in power generation business, another 63Mw captive power plant using coal was set up in 2012
- Since then, the Company has majorly been a power generation and distribution company
- It has been lately providing operation and maintenance services to power plants, which constitutes major revenue
- Further, it started to market and sell the power produced by the power plants of its clients, to increase its revenue
- During the financial years 2020-21 and 2021-22, however, the business is slowly recovering and the Company's financial position is better than the previous financial year
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Elango Industries Ltd?
The current share price of Elango Industries Ltd (Elango Industrie) is ₹10.95. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Elango Industries Ltd?
Elango Industries Ltd has a 52-week high of ₹15.75 and a 52-week low of ₹7.84. This range shows the stock's price volatility over the past year.
What is the ROE of Elango Industries Ltd?
Elango Industries Ltd has a Return on Equity (ROE) of 0.00%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
