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1D
1W
1M
1Y
3Y
5Y
Max
Open91.35
High91.35
Low91
Prev. Close92.9
Avg. Traded Price91.03
Volume8,000

MARKET DEPTH

info2
Total bid36,800.00
Total ask11,200.00
OrdersQtyBid
180090.5
180090.45
180090.25
2160090
1400089.5
AskQtyOrders
92.951800
931800
941800
94.951800
95.51800

HIGH/LOW

info2
1d
1w
1m
3m
52w

LOW/HIGH

91.0023 minutes ago
91.3523 minutes ago
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LOWER/UPPER CIRCUITS

74.35
111.45
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Thaai Casting Ltd Stock performance
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KEY OBSERVATIONS

info
positive
negative
neutral
notePrice to Earning Ratio,is 20.16, lower than its sector PE ratio of 24.88.
noteInterest Coverage Ratio,is 6.98, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
noteDebt to Equity Ratio,of 0.63 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
View more
Thaai Casting Limited was originally formed as a Partnership Firm under the Partnership Act, 1932 having Firm Registration Number FR/Chennai South/1102/2010 in the name and style of ‘Thaai Casting’ pursuant to Deed of Partnership dated June 02, 2010. Subsequently its firm was converted from Partnership firm into a public limited company as per the provision of Part I Chapter XXI of the Companies Act, 2013 with the name and style of ‘Thaai Casting Limited’ and received a Certificate of Incorporation from the Registrar of Companies, Tamil-Nadu and Andaman situated at Chennai dated June 12, 2023.The company is a distinguished automotive ancillary company with IATF 16949:2016 certification, specializing in High-Pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Founded by Sriramulu Anandan, a seasoned professional with extensive expertise in Pressure Die Casting and Machining Processes, its business model is firmly rooted in a B2B approach, catering to leading entities in the automotive components sector. The company’s product portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature - Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.In recognition of its commitment to environmental sustainability, it proudly received the MSIL-GREEN Certification from Maruti Suzuki India in 2021. This acknowledgment underscores its dedication to adopting and promoting eco-friendly practices within its operations. In 2022, the company was honoured with prestigious awards from industry leaders such as Hanon and RSB, recognizing its excellence in terms of Best Quality and being a standout Vendor. As it continues to evolve and uphold the highest standards in its manufacturing processes, it remains steadfast in delivering top-notch products and services to its valued clientele in the automotive sector.Business area of the companyThe company is a distinguished automotive ancillary company with IATF 16949:2016 certification, specializing in High-Pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching.Products of the companyEngine mounting support bracketsTransmission mountsArmature -steering wheelElectrical connectorsYFG Base Frame RHD / LHDTop cover housingHanon customerWika customerAwards and accreditations2011: The Company received the ISO certificate of 9001:2008 for quality management system.2014: The Company received award from Hyundai Motors for fulfilling the Quality Assurance Compliance.2019: Company received award from Tokai Rubber Auto Parts for Best Quality, Cost and Delivery.2019: Company received IATF 16949:2016 certificate for recognized as world-class automotive supplier.2021: Company received MSIL -GREEN Certification (Maruti Suzuki India Limited) for acknowledge the efforts and achievements of environment-friendly practices and committing to sustainable development.2022: Company received awards from Hanon and RSB for Best Quality and Best Vandor.2023: approved vendor of GE renewable through Flender Drives.History and milestones2010: The Company originally incorporated as partnership firm with name of ‘Thaai Casting’ pursuant to Deed of Partnership dated June 02, 2010.2023: The Company is converted from Partnership Firm to Public Limited Company.
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