Carnation Industries Ltd Peer Comparison
530609 · Capital Goods · Current price ₹98.26
Peers tracked
11
Carnation Industries Ltd P/E
23.9x
Sector
Capital Goods
Carnation Industries Ltd vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| BHARAT FORGE LTD | ₹2,052.2 | 95.2x | 96,837 |
| AIA ENGINEERING LIMITED | ₹4,243.2 | 35.3x | 38,906 |
| PTC INDUSTRIES LIMITED | ₹22,755 | 258.1x | 34,101 |
| HAPPY FORGINGS LIMITED | ₹2,420.4 | 48.2x | 23,195 |
| CIE AUTOMOTIVE INDIA LTD | ₹390.85 | — | 14,693 |
| RAMKRISHNA FORGINGS LTD | ₹753.6 | 145.6x | 13,388 |
| KENNAMETAL INDIA LIMITED | ₹4,558.2 | 40.5x | 10,356 |
| BALU FORGE INDUSTRIES LTD | ₹621.9 | 22.0x | 7,183 |
| ELECTROSTEEL CASTINGS LTD | ₹83.83 | 30.0x | 5,171 |
| STEELCAST LIMITED | ₹339.85 | 35.0x | 3,446 |
| Carnation Industries Ltd | — | -61.0x | 3 |
Carnation Industries Ltd versus its peers
Carnation Industries Ltd operates in the Capital Goods space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 23.9x may be cheap in one industry and expensive in another.
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DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.