Nelcast (NELCAST) Share Price Falls 8.21% as Small Cap Slips to Rs 123.05

Nelcast Share Price fell sharply in the latest session, with the stock trading at Rs 123.05, down 8.21% from the previous close of Rs 134.05. The company’s market capitalisation stood at Rs 1,166.25 crore, placing it in the Small Cap category. The move is relevant because it is a clear same-day share price decline in a castings company that is already trading near the middle of its valuation range versus sector peers. The price move is confirmed in Univest data; a company-specific reason has not been established. That makes the Nelcast Share Price move a price-action event first, and a fundamentals-and-sector story second. Investors tracking Nelcast Share Price today will want to focus on valuation, profitability ratios and how the stock compares with the broader castings/forgings set within Automobile & Ancillaries.

Nelcast (NELCAST) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 123.05
Previous Close	Rs 134.05
Today's Move	-Rs 11.00 (-8.21%)
Open	Rs 135.05
High	Rs 135.05
Low	Rs 123.05
Market Capitalisation	Rs 1,166.25 crore
Market Cap Category	Small Cap

Nelcast Share Price today shows a one-session decline that began from an open of Rs 135.05, matched the day’s high at Rs 135.05, and moved down to a low of Rs 123.05, which is also the last traded level. The stock fell Rs 11.00, or 8.21%, versus the previous close of Rs 134.05. For a Small Cap company, that size of move is notable because it places the latest Nelcast Share Price in the lower end of the day’s range rather than near the opening level. The pattern is straightforward: the stock opened above the previous close, but the Nelcast Share Price did not hold that level and moved lower through the day. As of 21 October 2026 at 3:32:47 PM IST, the market is still processing the latest Nelcast Share Price update, and the next section matters because price action alone does not explain the valuation backdrop.

Nelcast (NELCAST) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 1,166.25 crore
P/E Ratio	28.4x
P/B Ratio	1.94x
ROE	8.43%
ROCE	11.46%
EPS	Rs 4.72
Book Value Per Share	Rs 69.17
Dividend Yield	0.52%

Nelcast (NELCAST) fundamental metrics show P/E 28.4x, P/B 1.94x, ROE 8.43%, ROCE 11.46%. These ratios show where the company stands today and are not a call to buy or sell.

Nelcast has a market capitalisation of Rs 1,166.25 crore and falls in the Small Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 28.4x, P/B at 1.94x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 8.43% and ROCE of 11.46%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 4.72, book value per share of Rs 69.17, dividend yield of 0.52%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 28.36x, median ROE of 13.47%, median ROCE of 14.96%. Together they describe the fundamental backdrop without implying a buy or sell view.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Castings/Forgings
Benchmark Scope	same industry
Company P/E Ratio	28.4x
Benchmark Median P/E	28.36x
Benchmark Average P/E	47.06x
Benchmark P/E Range	3.02x to 315.47x
Company P/B Ratio	1.94x
Benchmark Median P/B	2.75x
Benchmark Average P/B	4.43x
Company ROE	8.43%
Benchmark Median ROE	13.47%
Benchmark Average ROE	16.99%
Company ROCE	11.46%
Benchmark Median ROCE	14.96%
Benchmark Average ROCE	20.05%
Company Market Capitalisation	Rs 1,166.25 crore
Benchmark Median Market Cap	Rs 313.23 crore
Benchmark Average Market Cap	Rs 3,278.48 crore

Nelcast (NELCAST) operates in the Automobile & Ancillaries sector, within the Castings/Forgings industry.

Nelcast (NELCAST) has a P/E ratio of 28.4x, which is above the benchmark median of 28.36x, a difference of +0.14%. A P/E difference of this kind is a reference point rather than a recommendation.

Nelcast (NELCAST) has a ROE of 8.43%, which is below the benchmark median of 13.47%, a difference of -37.42%. Nelcast (NELCAST) has a ROCE of 11.46%, which is below the benchmark median of 14.96%, a difference of -23.4%.

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

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
PTC Industries	PTCIL	39,621.45	315.47	11.89	7.04	8.43
AIA Engineering	AIAENG	34,194.45	27	4.11	16.97	21.16
Steelcast	STEELCAS	3,508.1	38.68	8.38	24.1	32.41
Investment & Precision Castings	INVPRECQ	1,463.7	100.4	13.6	12.13	14.14
Alicon Castalloy	ALICON	1,397.06	38.2	2.2	5.7	9.5

Nelcast (NELCAST) has a P/E ratio of 28.4x compared with the displayed peer median of 38.68x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 8.43% compares with a peer median of 12.13% across the companies shown in the table. ROCE stood at 11.46% versus the displayed peer median of 14.14%, providing a capital-efficiency comparison. Nelcast (NELCAST) has a market capitalisation of Rs 1,166.25 crore. All 5 peers shown have a larger market capitalisation.

Why Investors Are Watching Nelcast

• Nelcast Share Price fell 8.21% in one session, making the latest move the main market focus.
• The stock traded between Rs 135.05 and Rs 123.05, showing that the opening level was not sustained.
• Nelcast Share Price is tied to a Small Cap company with a market cap of Rs 1,166.25 crore.
• Valuation is close to the industry median on P/E, but the P/B ratio is below the sector median.
• ROE and ROCE are below the industry medians, so the Nelcast Share Price remains a fundamentals watch item.

About Nelcast

Nelcast operates in the Automobile & Ancillaries sector and the Castings/Forgings industry. The company’s business profile is tied to engineering castings used across industrial and auto-related applications, which places it within a cyclical manufacturing chain rather than a consumer-facing franchise. For investors following Nelcast Share Price, the key context is that the business belongs to a sector where earnings quality, capital efficiency and peer valuation often matter more than short-term headlines. The current market cap of Rs 1,166.25 crore and the Small Cap tag make the stock part of the mid-to-smaller listed universe in this industry set. That is why Nelcast Share Price today is best read with company metrics and sector benchmarking together.

Track Nelcast Share Price on Univest

Use Nelcast (NELCAST) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.

Investors can track Nelcast Share Price on Univest for live price updates, valuation ratios, 52-week levels and company-level market insights. The Nelcast Share Price page also helps users follow fundamental ratios, peer context and sector comparison in one place. For those watching Nelcast Stock News, Univest keeps the latest share price move, financial metrics and market context together for a cleaner view of the stock’s behaviour.

Frequently Asked Questions

Why did Nelcast Share Price fall today?

Ans. Nelcast Share Price fell 8.21% to Rs 123.05 in the latest session. The price move is confirmed in Univest data; a company-specific reason has not been established. The stock also moved below its opening level of Rs 135.05.

What is Nelcast Share Price today?

Ans. Nelcast Share Price today was Rs 123.05 at the latest reading. That compares with a previous close of Rs 134.05, so the stock was down Rs 11.00 or 8.21% in the latest session.

Is Nelcast a Small Cap company?

Ans. Yes. Nelcast is classified as a Small Cap company in the latest Univest figures. Its market capitalisation stood at Rs 1,166.25 crore, which gives useful size context for the recent Nelcast Share Price move.

How is Nelcast valued on earnings and book value?

Ans. Nelcast Share Price is backed by a P/E of 28.4 and a P/B of 1.94. The earnings multiple is close to the industry median, while the book multiple is below the sector median of 2.75.

How do ROE and ROCE compare for Nelcast?

Ans. Nelcast reported ROE of 8.43% and ROCE of 11.46%. Both are below the castings/forgings sector medians of 13.47% and 14.96%, so the return profile is weaker than the industry benchmark.

What does Nelcast EPS show?

Ans. Nelcast EPS is Rs 4.72. EPS shows earnings attributable to each share, so it helps investors relate the Nelcast Share Price to the company’s earnings base and compare it with peer companies in the same industry.

What does Nelcast book value indicate?

Ans. Nelcast book value is Rs 69.17 per share. Book value per share reflects the accounting net worth behind each share, and it gives another reference point for evaluating the Nelcast Share Price alongside P/B and peer multiples.

How does Nelcast compare with peers?

Ans. Nelcast Share Price sits alongside peers such as AIA Engineering, Steelcast, PTC Industries and Alicon Castalloy. Its P/E is moderate, but its ROE and ROCE are below several peer names in the same castings/forgings industry.

Should investors track Nelcast Share Price on Univest?

Ans. Investors can track Nelcast Share Price on Univest to follow live updates, financial ratios, sector context and peer comparison in one place. It is useful for monitoring price action and the stock’s fundamental profile together.