Electrodes & Welding
12 recent notes from companies in this sector. 8 companies tracked.
US slaps 3.68% preliminary CVD on Graphite India exports
US imposes preliminary 3.68% CVD on Graphite India's large diameter electrode exports. Impact unascertainable; final decision by Nov 2026. Electrodes drive most of ₹2,852 cr revenue; exports ~44%.
HEG Q1 PAT jumps 53% on better electrode mix, price hikes back-ended
Revenue rose 11% to ₹681 cr. Global price hikes of $600-1,200/t benefit seen from H2. Anode plant on track for April 2027.
US imposes 6.99% CVD on HEG's graphite exports
HEG's large-diameter graphite electrode exports to the US now face a preliminary 6.99% countervailing duty, stacking on an existing 18% tariff. Final resolution awaited in December 2026.
Rasi Electrodes sells vacant land for ₹3 cr to unrelated buyer
The board approved the sale of 2.277 acres in Tamil Nadu, bringing in cash equal to 7.5% of the company's market capitalisation.
Rasi Electrodes to sell a landed property, board to weigh offers on July 16
Shareholders cleared the divestiture on June 29. For a ₹39 cr nano-cap, the deal could unlock significant cash.
Ador Welding appoints ex-Timken sales veteran as VP
Routine senior management hire below CEO/CFO threshold; no financial impact expected.
Graphite India shuts loss-making German division (4% of revenue)
Persistent weak demand and Russia-Ukraine fallout force Graphite India to shut German specialty divisions. The units contributed ₹105 cr (4% of revenue) in FY26 and had negative net worth.
D&H India gets credit rating upgrade to investment grade
Infomerics lifts long-term rating to IVR BBB/Stable and short-term to IVR A3+, covering ₹89.95 cr in bank facilities. A positive but modest signal for a nano-cap stock.
Diffusion Engineers lands ₹26.3 cr power-sector order
The order for RAPH Rotor Assemblies accounts for over 7% of annual revenue and adds near-term visibility with staggered deliveries through March 2027.
GEE Ltd lands exclusive welding supply for three Navy warships
The nano-cap company's welding consumables were the only ones used on INS Dunagiri, INS Agray, and INS Sanshodhak, built by GRSE with 75% indigenous content.
Diffusion Engineers targets 20% revenue growth for FY27
Management tracks a ₹650 crore long-term revenue goal as it expands into railway and defense segments.
Classic Electrodes guides for ₹330-350 cr revenue in FY27, launches new rail product
The company expects gross margins to recover to 15% and sees its new Elastic Railway Clips contributing ₹50 crore annually.