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Trades about 21% below its sector, cheaper than its peers on earnings.
Goodluck India Limited manufactures and supplies precision engineering and steel products in India. The company provides electric resistance welded and cold drawn welded tubes, custom forgings, power and telecom towers, solar structures, ERW hot dip galvanized pipes, black pipes, black and GI hollow sections, cold formed profile, road safety products, galvanized plain, corrugated sheets, CR coils, CRCA sheets and pipes, forgings and flanges, telecom and transmission line towers, substation structure, road and railways bridge, and road safety equipment. It offers two-wheeler frame, hydraulic cylinder, boiler, crash bumper, engine mounting, and exhaust tubes; CBQ pressure outers; TFF-front fork; drive shaft; rear axles; sections; control arms; fuel lines; furniture; section pipes; and cycle frame, forks, and hub tubes. In addition, the company provides stub-ends/collors, spectacle blind, valve/SRN nozzle, and tube sheet for oil and gas applications; forged body, block, bars, and shape forging; valve forging, ICV, MSV valve, nonstandard, and strainers; and flush ring, nut NPT, nipple, taper union, nut, assembly, and hygiene flange. Further, it offers overhead electrification and substation structure; and fabricated structures for railway and road bridges, roads and expressways, building structures, launching girder, boiler structure, and defense fabrication. The company serves clients from public and private sector OEMs, and central and state government entities. It also exports its products to the United Kingdom, the United States, South Africa, the United Arab Emirates, Germany, and France. The company was formerly known as Good Luck Steel Tubes Limited and changed its name to Goodluck India Limited in June 2016. Goodluck India Limited was incorporated in 1986 and is headquartered in Ghaziabad, India.
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