Vesuvius India Limited
NSE: VESUVIUS | BSE: 520113 | Sector: Engineering – Refractories | Mid-Cap
Business Overview
Vesuvius India Limited is a leading manufacturer and trader of refractory goods, incorporated in 1991 as a subsidiary of the global Vesuvius Group UK, which currently holds a 55.57% stake in the company. The company is primarily engaged in two business divisions: Steel Flow Control (shrouds, stoppers, nozzles, pre-cast products) and Foundry (sensors and probes). Its products serve the steel, non-ferrous metals, glass, and automotive industries across India. Vesuvius India has delivered consistent revenue and profit growth, with a 5-year sales CAGR of 22% and profit CAGR of 38%. The company is virtually debt-free with strong return ratios. It reported TTM revenue of around ₹2,104 Cr and promoter holding at 55.57%. The company underwent a 1:10 stock split in 2025, significantly improving liquidity and broadening retail participation.
Financial Summary
Technical Snapshot
Vesuvius India has demonstrated strong recovery momentum after bouncing from the ₹430 level. The 1:10 stock split in 2025 significantly improved liquidity and brought fresh retail and institutional interest into the counter. The stock has been consolidating above its key moving averages and is currently trading near a strong support zone. Price action indicates steady accumulation, and the stock may move towards the first target of ₹510. A sustained breakout above ₹510 could further push the stock towards ₹520 levels. These targets are projected over a 2–3 weeks horizon, based on the current price structure and strong domestic steel sector tailwinds.
