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Vineet Saxena

1st Jun · SEBI-Registered Analyst

🚀 Hidden Gem in Forgings? ELFORGE

EL Forge focuses on forged and semi-machined components for vehicle manufacturers. No major new expansions, acquisitions, or diversification announcements in recent updates. The company continues to emphasize engineering capabilities (CAD/CAM/CAE) for product development and serves Tier-1 automotive clients. EL Forge just delivered a blockbuster Q4! Net Profit +125% YoY to ₹1.24 Cr Revenue up 15% to ₹22.5 Cr • Debt-Free • Consistent growth • Trading at just ~₹18 (Market Cap ~₹36 Cr) A 6-decade-old auto ancillary player showing serious momentum. Overall: It is a stable, debt-free micro-cap forging company with improving quarterly performance in FY26. Suitable for high-risk investors tracking the auto component sector. For the absolute latest filings, check BSE or the company website (***** Always do your own due diligence or consult an advisor. Worth watching? 👀

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