Eastcoast Steel Limited, formerly incorporated on August 20, 1962 with the name of Chudiwala Steels Ltd was converted into a Public Limited Company in September, 1988. The company was promoted by Western Ministeel. It manufactures mild steel billets, medium steel billets, low alloy steel billets, carbon steel, spring steel and forging - grade steel (total inst. cap. : 1.5 lac tpa).
These products are consumed by the re-rolling industry to produce various sections of steel as required by the construction and engineering industry.
It came out with a rights issue in Dec.'92 to part-finance the expansion of capacity from one lac tpa to 1.5 tpa.
The Steel Plant of the Company at Pondicherry was operational till 1995 and Company ceased to operate its Steel Plant in 1995 and since then, ...there has been no activity in the Company. In 2021, the Company sold/ disposed of an area of 54.86 acres or thereabout of its Steel Plant, for a consideration of Rs 43.24 Crores. In 2021-22, it resumed trading in iron & steel products including engineering products in the international market.
1. Can I buy Eastcoast Steel Ltd from PL Capital? ›
Yes, you can invest in Eastcoast Steel Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Eastcoast Steel Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Eastcoast Steel Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Eastcoast Steel Ltd pay dividends? ›
Eastcoast Steel Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Eastcoast Steel Ltd ? ›
As of
07-11-2025 the share price for Eastcoast Steel Ltd. is 25.65 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Eastcoast Steel Ltd ? ›
The 52-week high and low of Eastcoast Steel Ltd share price is ₹ 14 - ₹ 25.99 as of
07-11-2025 .
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