Nelcast is engaged in manufacture and production of various casting components.

On a consolidated basis, net profit of Nelcast rose 261.61% to Rs 12.15 crore on 38.03% rise in net sales to Rs 328.52 crore in Q2 September 2022 over Q2 September 2021.

Shares of Nelcast fell 3.40% to Rs 103.75 on Friday, 16 December 2022.