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Stock Pick: Kalyani Steels

Over the years KSL has become a leading manufacturer of forging and engineering quality carbon and alloy steel

Part of the Kalyani Group, the company was initially set up primarily to meet the group’s in-house requirement of forging quality steel. Over the years Kalyani Steels (KSL) has become a leading manufacturer of forging and engineering quality carbon and alloy steel using blast furnace route. Although domestic forging industry is the primary market for KSL, it supplies to manufacturers of various components for commercial vehicles, 2-wheelers, diesel engines, bearings, tractors, turbines and railways. Falling commodity prices over the last few years to help improve margins and increase activity under the ‘Make in India’, help in boosting future revenues.

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