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Trades about 56% below its sector, cheaper than its peers on earnings.
El Forge Limited manufactures and sells steel forgings for the automobile industry in India. The company offers fuel injection forgings, steering rods, tie rods, engine and gear boxes, starter items, common and hot forged rails, gear control forks, levers, closed die forgings, light duty crankshafts, connecting rods, rocker arms, transmission parts, wheel hubs, valve parts, claw poles, brake parts, and sockets for ball joints. It also provides computer aided design, manufacture, and engineering services. The company also exports its products to the United States and China. The company was incorporated in 1934 and is based in Chennai, India.
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