Alicon Castalloy Ltd. (ALICON) Share Price Surges 8.55% Today

Alicon Castalloy Ltd. Share Price surged 8.55% today, reaching Rs 684 with a market cap of Rs 1,034.11 crore.

Alicon Castalloy Ltd. Share Price experienced a significant surge today, closing at Rs 684, marking an 8.55% increase from its previous close of Rs 630.1. This rise positions the company within the Small Cap category, with a market capitalisation of Rs 1,034.11 crore. The stock's performance today has made it one of the top gainers, surpassing the qualifying threshold of 8% set for its market-cap category. This price action has drawn attention from investors and analysts alike, as the stock's movement was accompanied by a total volume of 45,689 shares traded across BSE and NSE.

The increase in Alicon Castalloy Ltd.'s share price today highlights the company's current market dynamics. While the data confirms the price event, it does not establish a specific catalyst for this movement. Investors are keenly observing the stock's performance, given its notable rise in a single trading session. This development prompts a closer examination of the company's technical indicators and fundamental metrics to understand the underlying factors contributing to the price action.

Alicon Castalloy Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 684
Previous Close	Rs 630.1
Today's Change	+Rs 53.9 (+8.55%)
Day Open	Rs 642.25
Day High	Rs 684
Day Low	Rs 642.25
Current Volume (BSE)	3,812
BSE Traded Volume	3,812
NSE Traded Volume	41,877
Combined NSE + BSE Volume	45,689
Turnover	Rs 0.26 crore
Market Capitalisation	Rs 1,034.11 crore
Market Cap Category	Small Cap
Qualifying Threshold Cleared	8%

Today's trading session saw Alicon Castalloy Ltd. opening at Rs 642.25 and reaching a high of Rs 684, which was also the closing price. The stock's low for the day was the same as its opening price, indicating a strong upward momentum throughout the session. The turnover for the day was Rs 0.26 crore, reflecting active participation in the market.

As a Small Cap stock, Alicon Castalloy Ltd. had to clear a qualifying threshold of 8% to be considered a significant price rise, which it surpassed with an 8.55% gain. This performance places the company among the top gainers in its category, attracting attention from market participants. The volume of 45,689 shares traded today was notably higher than usual, suggesting increased investor interest and engagement.

The stock's price action today is a reflection of its market dynamics, with the significant gain highlighting its potential for further analysis. Investors are now turning their attention to the technical indicators to assess the stock's momentum and potential future movements.

Alicon Castalloy Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 1,034.11 crore
P/E Ratio	30.03x
P/B Ratio	1.65x
ROE	-0.63%
ROCE	5.57%
EPS	Rs 20.98
Book Value Per Share	Rs 382.86
Dividend Yield	0.32%

Alicon Castalloy Ltd. was valued at a P/E ratio of 30.03x, a P/B ratio of 1.65x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of -0.63% and ROCE of 5.57%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 20.98, book value per share of Rs 382.86, dividend yield of 0.32%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Alicon Castalloy Ltd. has a market capitalisation of Rs 1,034.11 crore, positioning it within the Small Cap category. The company's Price-to-Earnings (P/E) ratio stands at 30.03, which is above the industry median of 18.33 but below the maximum of 198.81, indicating a relatively high valuation compared to its peers.

The Price-to-Book (P/B) ratio is 1.65, which is below the industry median of 2.63, suggesting that the stock may be undervalued in terms of its book value. The company's Return on Equity (ROE) is -0.63%, significantly below the industry median of 6.93%, indicating challenges in generating returns on shareholder equity.

Return on Capital Employed (ROCE) is 5.57%, also below the industry median of 9.47%, reflecting lower efficiency in using capital to generate profits. The Earnings Per Share (EPS) is Rs 20.98, providing insight into the company's profitability on a per-share basis. The book value per share is Rs 382.86, indicating the net asset value attributed to each share.

The dividend yield is 0.32%, offering a modest return to shareholders. Overall, Alicon Castalloy Ltd.'s fundamental metrics present a mixed picture, with high valuation ratios and lower profitability indicators compared to industry benchmarks.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Castings/Forgings
Benchmark Scope	same industry
Companies in Benchmark	24
Company P/E Ratio	30.03x
Benchmark Median P/E	18.33x
Benchmark Average P/E	27.8x
Benchmark P/E Range	0x to 198.81x
Companies with P/E Data	24
Company P/B Ratio	1.65x
Benchmark Median P/B	2.63x
Company ROE	-0.63%
Benchmark Median ROE	6.93%
Company ROCE	5.57%
Benchmark Median ROCE	9.47%
Company Market Capitalisation	Rs 1,034.11 crore
Benchmark Median Market Cap	Rs 189.37 crore

Alicon Castalloy Ltd. (ALICON) is classified under sector: Automobile & Ancillaries and industry: Castings/Forgings. The numerical benchmark uses 24 same industry companies from the supplied master-data set.

Alicon Castalloy Ltd. (ALICON) has a P/E ratio of 30.03x, which is above the benchmark median of 18.33x, a difference of +63.83%. The benchmark contains 24 companies with P/E data, ranging from 0x to 198.81x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Alicon Castalloy Ltd. (ALICON) has a ROE of -0.63%, which is below the benchmark median of 6.93%, a difference of -109.09%. Alicon Castalloy Ltd. (ALICON) has a ROCE of 5.57%, which is below the benchmark median of 9.47%, a difference of -41.18%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Alicon Castalloy Ltd. operates within the Automobile & Ancillaries sector, specifically in the Castings/Forgings industry. The sector comprises 165 companies, with 24 companies in the same industry. The company's P/E ratio of 30.03 is above the industry median of 18.33, indicating a higher valuation compared to its peers.

The sector's P/B ratio median is 2.63, with Alicon Castalloy Ltd. at 1.65, suggesting a lower valuation in terms of book value. The company's ROE of -0.63% is significantly below the industry median of 6.93%, highlighting challenges in generating returns on equity.

The ROCE of 5.57% is also below the industry median of 9.47%, indicating lower efficiency in capital utilization. The sector's market capitalisation median is Rs 189.37 crore, with Alicon Castalloy Ltd. positioned above this median, reflecting its relative size within the industry.

Overall, the sector and industry context provide a backdrop for evaluating Alicon Castalloy Ltd.'s performance, highlighting its valuation and profitability metrics compared to industry benchmarks.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Investment & Precision Castings Ltd.	INVPRECQ-BE	983.75	83.64	9.59	0.23	4.82
Uni Abex Alloy Products Ltd.	UNIABEXAL	931.78	3.33	2.25	21.07	26.41
Synergy Green Industries Ltd.	SGIL	925.74	198.81	8.36	4.25	12.92
Nelcast Ltd.	NELCAST	1,171.47	24.36	1.96	3.26	6.57
Neetu Yoshi Limited	NEETUYOSHI	657.29	26.28	4.79	99.37	64.53

Alicon Castalloy Ltd. (ALICON) has a P/E ratio of 30.03x compared with the displayed peer median of 26.28x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -0.63% compares with a peer median of 4.25% across the companies shown in the table. ROCE stood at 5.57% versus the displayed peer median of 12.92%, providing a capital-efficiency comparison. Alicon Castalloy Ltd. (ALICON) has a market capitalisation of Rs 1,034.11 crore. Among the 5 peers shown, 1 have a larger market capitalisation.

In the Castings/Forgings industry, Alicon Castalloy Ltd. competes with several peers. Investment & Precision Castings Ltd. has a P/E of 83.64 and a market cap of Rs 983.75 crore, while Uni Abex Alloy Products Ltd. has a P/E of 3.33 and a market cap of Rs 931.78 crore.

Synergy Green Industries Ltd. has a P/E of 198.81 and a market cap of Rs 925.74 crore, indicating a higher valuation. Nelcast Ltd. has a P/E of 24.36 and a market cap of Rs 1171.47 crore, while Neetu Yoshi Limited has a P/E of 26.28 and a market cap of Rs 657.29 crore.

Alicon Castalloy Ltd.'s P/E of 30.03 places it in the mid-range among its peers, with a market cap of Rs 1,034.11 crore. The company's ROE and ROCE are lower compared to some peers, indicating potential areas for improvement in profitability and efficiency.

Why Investors Are Watching Alicon Castalloy Ltd.

Investors are closely monitoring Alicon Castalloy Ltd. due to its significant price rise today and its position within the Automobile & Ancillaries sector. The stock's performance has drawn attention to its valuation and profitability metrics.

• Price Action: Surged 8.55% today, closing at Rs 684.
• Technical Position: Neutral RSI at 44.22, above key moving averages.
• Fundamental Context: High P/E ratio, low ROE and ROCE.
• Sector Positioning: Operates in the Castings/Forgings industry.

Investors should continue to monitor Alicon Castalloy Ltd.'s performance, focusing on its technical indicators and fundamental metrics to assess potential future movements.

About Alicon Castalloy Ltd.

Alicon Castalloy Ltd. is a key player in the Automobile & Ancillaries sector, specializing in the Castings/Forgings industry. The company manufactures and supplies a wide range of aluminum castings for the automotive industry. Its products are used in various applications, including engine components, transmission systems, and structural parts.

The company operates multiple manufacturing facilities equipped with advanced technology to ensure high-quality production. Alicon Castalloy Ltd. serves a diverse clientele, including leading automobile manufacturers, and is committed to innovation and sustainability in its operations.

With a focus on delivering value to its customers, Alicon Castalloy Ltd. continues to strengthen its position in the industry, leveraging its expertise and capabilities to meet the evolving needs of the automotive sector.

Track Alicon Castalloy Ltd. Share Price on Univest

Use Alicon Castalloy Ltd. (ALICON) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors and analysts can track Alicon Castalloy Ltd. Share Price on Univest for real-time updates and insights. Univest provides comprehensive data on technical indicators, fundamental ratios, shareholding patterns, and 52-week levels, offering a holistic view of the stock's performance.

Stay informed with the latest market insights and analysis to make well-informed investment decisions. Univest is your go-to platform for tracking Alicon Castalloy Ltd. and other stocks in the Automobile & Ancillaries sector.

Frequently Asked Questions

What is the current share price of Alicon Castalloy Ltd.?

Ans. The current share price of Alicon Castalloy Ltd. is Rs 684, reflecting an 8.55% increase from the previous close of Rs 630.1. The stock moved 8.55% during the session. The intraday range extended from Rs 642.25 to Rs 684.

How much did Alicon Castalloy Ltd. share price rise today?

Ans. Alicon Castalloy Ltd. share price rose by 8.55% today, closing at Rs 684, up from the previous close of Rs 630.1. The stock moved 8.55% during the session. The intraday range extended from Rs 642.25 to Rs 684.

What is the market capitalisation of Alicon Castalloy Ltd.?

Ans. The market capitalisation of Alicon Castalloy Ltd. is Rs 1,034.11 crore, categorizing it as a Small Cap stock. The company operates in the Automobile & Ancillaries sector. Its P/E ratio is 30.03x.

What is the P/E ratio of Alicon Castalloy Ltd.?

Ans. Alicon Castalloy Ltd. has a P/E ratio of 30.03, which is above the industry median of 18.33, indicating a higher valuation. The company trades at a P/E ratio of 30.03x.

How does Alicon Castalloy Ltd.'s ROE compare to the industry?

Ans. Alicon Castalloy Ltd.'s ROE is -0.63%, significantly below the industry median of 6.93%, indicating challenges in generating returns. ROE stands at -0.63%. ROCE stands at 5.57%. The relevant peer median ROE is 6.93%.

What sector does Alicon Castalloy Ltd. operate in?

Ans. Alicon Castalloy Ltd. operates in the Automobile & Ancillaries sector, specifically within the Castings/Forgings industry. The stock belongs to the Automobile & Ancillaries sector. Its industry classification is Castings/Forgings. 24 comparable companies were included in the benchmark.

Who are some of Alicon Castalloy Ltd.'s peers?

Ans. Peers of Alicon Castalloy Ltd. include Investment & Precision Castings Ltd., Uni Abex Alloy Products Ltd., and Synergy Green Industries Ltd. Comparable listed companies include Investment & Precision Castings Ltd., Uni Abex Alloy Products Ltd., Synergy Green Industries Ltd.