This growth is driven by the rising awareness towards numerous advantages offered by metal casting, such as improved energy efficiency, lower production costs, enhanced environmental quality, etc. The automotive and transportation sector accounts for the largest market share in the metal casting industry. The growth in the market is driven by increasing industrialisation and urbanisation, giving a boost to the construction industry and growing demand for lightweight vehicles. Considering the importance of metal casting in mind, the choice scrip for the issue is Steelcast Ltd. The company caters to earthmoving equipment manufacturers, heavy electrical equipment manufacturers and mining and mineral processing equipment manufacturers along with general engineering equipment manufacturers.
This story is from the November 06, 2023 edition of Dalal Street Investment Journal.
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This story is from the November 06, 2023 edition of Dalal Street Investment Journal.
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