Some cases understood to be under consideration for transfer to the NARCL list are already undergoing insolvency proceedings such as Amtek Auto, Castex Technologies, JP Infra, Videocon Oil Ventures and Lavasa Corporation.

Banks look to resolve large assets even as NARCL gets set up

Castex Technologies reports consolidated net loss of Rs 111.70 crore in the June 2021 quarter

Castex Technologies reports consolidated net loss of Rs 105.33 crore in the September 2020 quarter

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-India’s Castex Technologies Sept-Qtr Consol Loss 1.14 Bln Rupees - Investing.com India

Castex Technologies reports standalone net loss of Rs 131.62 crore in the June 2020 quarter

Castex Technologies reports consolidated net loss of Rs 131.06 crore in the March 2020 quarter

Castex Technologies reports standalone net loss of Rs 128.14 crore in the March 2020 quarter

Three of Amtek group companies, including Castex Technologies, Amtek Ring Gears and Metalyst Forgings are each undergoing separate insolvency resolution process

Two years later, Amtek Auto readies for its second resolution process

Metalyst Forgings Ltd was the promoter of Castex Technologies Ltd at the the time of violation.

Sebi imposes Rs 15 lakh fine on Castex, Metalyst for disclosure lapses

As per the order, Amtek Auto is the promoter of Castex Technologies Ltd (CTL).

Sebi slaps Rs 24 lakh on Amtek Auto for disclosure lapses

Amtek's subsidiary Castex Technologies and Metalyst Forgings were also locked at 5 percent upper circuit each at Rs 4.31 and Rs 28.20 on the BSE, respectively.

Amtek Auto jumps 5% after Committee of Creditors approves resolution plan of Liberty House

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Profitability and efficiency haven't been upto the mark

Profitability

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Castex Technologies Limited, formerly Amtek India Limited, is a iron casting company. The Company's principal activity is motor vehicle parts and accessory manufacturing service.