Widely read:
As part of our Wealth Creator Series , today we look at Elecon Engineering. This is one of the 39 stocks that were short-listed that passed through our stringent stock screen filters.
A leader in industrial gears with a market share of 25 per cent, Elecon Engineering Company's current order backlog stands at Rs 1,522 crore which provides a strong visibility for FY13. The company has strong technical tie ups with CKIT Conveyor Engineers, South Africa and Renk AG, Germany, to design and manufacture gearboxes for vertical rolling mills to be used in cement and coal industry.
To read about how we arrived at the list click here. To read about stocks from the Wealth Creator List, click here.
This article was originally published on August 23, 2012.
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