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Steelcast Ltd Share Price Target From 2025 to 2030

Steelcast Ltd is a leading manufacturer of high-quality steel and alloy castings in India. With a strong presence in industries such as construction, mining, energy, and defense, the company has steadily built its reputation in both domestic and global markets. In this article, we will explore Steelcast Ltd's share price targets from 2025 to 2030, backed by recent market data and long-term growth outlook.

Let’s dive into the company’s market performance, financial highlights, and its future share price projections.

Steelcast Ltd Share Price Today (As of July 30, 2025)

Detail Value
Open ₹1,216.50
Previous Close ₹1,247.70
Day’s High ₹1,226.00
Day’s Low ₹1,141.10
VWAP ₹1,186.68
Volume 1,09,250
Market Cap ₹2,364 Cr
52-Week High ₹1,279.00
52-Week Low ₹611.55
All-Time High ₹1,279.00
All-Time Low ₹238.00
Book Value Per Share ₹141.60
Dividend Yield 0.62%
Beta 1.08
Face Value ₹5

 

Steelcast Ltd has shown significant momentum in the past year, nearly doubling from its 52-week low. The strong fundamentals and demand from the engineering and capital goods sector are boosting investor confidence.

About Steelcast Ltd

Steelcast Ltd, headquartered in Bhavnagar, Gujarat, is a prominent manufacturer of high-integrity steel castings. It supplies to global OEMs across defense, earthmoving, railways, energy, and industrial equipment. With over four decades of experience, the company has positioned itself as a trusted supplier in the value-added casting segment.

Key Highlights:

  • Supplies to global MNCs and domestic giants like BHEL, Indian Railways, and Bharat Forge

  • Export-focused product portfolio contributing to stable forex earnings

  • Technological edge in alloy development and casting techniques

  • Steady dividend-paying track record and strong book value

Steelcast Ltd Shareholding Pattern (June 2025)

Shareholder Type Holding (%)
Retail & Others 53.76%
Promoters 45.00%
Other Domestic Institutions 0.60%
Foreign Institutions 0.38%
Mutual Funds 0.26%

 

The high promoter holding of 45% shows strong confidence in the company’s future, while the growing retail interest points toward rising popularity among small investors.

Steelcast Ltd Share Price Target 2025 to 2030

Year Minimum Target (₹) Maximum Target (₹)
2025 1,300 1,420
2026 1,480 1,590
2027 1,650 1,800
2028 1,850 2,020
2029 2,100 2,300
2030 2,350 2,600

 

These estimates are based on Steelcast’s projected earnings, rising demand for steel castings in infrastructure and defense, and its increasing global reach.

Year-Wise Analysis & Investment Outlook

✅ Steelcast Share Price Target 2025: ₹1,300 – ₹1,420

Steelcast is expected to close 2025 strong, possibly hitting a new all-time high.

Why?

  • Stable export orders and long-term contracts

  • Margin improvement due to better cost control

  • Strong order book from infrastructure and energy sector

Investment Advice: A good time to accumulate on dips. Monitor delivery volumes and quarterly growth in operating margins.

✅ Steelcast Share Price Target 2026: ₹1,480 – ₹1,590

The company may deliver strong earnings driven by industrial revival and higher casting exports.

Why?

  • Expansion in production capacity

  • Increase in high-margin specialized alloy castings

  • New defense contracts expected

Investment Advice: Long-term investors may hold and accumulate further if the stock corrects toward ₹1,450 levels.

✅ Steelcast Share Price Target 2027: ₹1,650 – ₹1,800

Steelcast could see steady growth backed by strong global demand and modernization in the domestic railway and power sectors.

Why?

  • Higher capex in domestic defense and railway manufacturing

  • International OEM tie-ups

  • Efficient working capital cycle and zero-debt focus

Investment Advice: Ideal for growth-focused portfolios. SIP strategy recommended to average out volatility.

✅ Steelcast Share Price Target 2028: ₹1,850 – ₹2,020

The company may witness sustained upward movement as capital expenditure by private and public firms rises.

Why?

  • Government focus on Make-in-India and defense indigenization

  • Robust export earnings and rupee-hedged contracts

  • Strong dividend track record

Investment Advice: Continue holding. Dividend income adds to overall returns.

✅ Steelcast Share Price Target 2029: ₹2,100 – ₹2,300

A strong market position and enhanced global presence could help Steelcast outperform market expectations.

Why?

  • Launch of new casting grades for specialized sectors

  • Improved gross margins

  • Market re-rating due to consistent ROE/ROCE

Investment Advice: Reinvest dividends; maintain 10-15% allocation in mid-cap portfolio.

✅ Steelcast Share Price Target 2030: ₹2,350 – ₹2,600

By 2030, Steelcast could emerge as a niche mid-cap leader in specialized steel castings with global footprint.

Why?

  • Strong financial performance with increasing EPS

  • Technological leadership and ESG compliance

  • Sustainable growth outlook

Investment Advice: Ideal for long-term investors seeking capital appreciation with limited downside risk.

Should You Invest in Steelcast Ltd for the Long Term?

Yes, Steelcast Ltd presents a strong case for long-term investment, especially for investors looking at manufacturing, infrastructure, and defense sectors.

Key Reasons to Invest:

  • Diversified global clientele

  • Strong promoter holding

  • Consistent dividend-paying record

  • Technological edge in specialty castings

  • Healthy financial metrics and zero-debt strategy

⚠️ Risks to Consider:

  • Volatility in raw material prices (steel and alloys)

  • Dependence on export orders and global demand

  • Cyclical nature of capital goods industry

  • Market correction or liquidity crunch

It’s always best to consult a SEBI-registered advisor before making major investments.

Conclusion

Steelcast Ltd has consistently proven itself as a reliable mid-cap company in the capital goods and engineering sector. With a 52-week high of ₹1,279 and current price levels around ₹1,247.70, the stock still has room for upside in the coming years.

Based on sector outlook, financial strength, and demand from infrastructure and defense, the Steelcast share price could potentially reach ₹2,600 by 2030. Investors seeking long-term wealth creation and value investing may find Steelcast an attractive stock to include in their portfolios.


Disclaimer: This blog is for educational and example purposes only. Please consult your financial advisor before making any investment decisions.

author

The Tax Heaven

Mr.Vishwas Agarwal✍📊, a seasoned Chartered Accountant 📈💼 and the co-founder & CEO of THE TAX HEAVEN, brings 10 years of expertise in financial management and taxation. Specializing in ITR filing 📑🗃, GST returns 📈💼, and income tax advisory. He offers astute financial guidance and compliance solutions to individuals and businesses alike. Their passion for simplifying complex financial concepts into actionable insights empowers readers with valuable knowledge for informed decision-making. Through insightful blog content, he aims to demystify financial complexities, offering practical advice and tips to navigate the intricate world of finance and taxation.

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