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[Music] foreign [Music] to identify companies with docHub potential to grow in the medium term we have identified nelcast as one of our Discovery ideas as of 30th September 2022 promoters held almost 75 stake in the company nelcast is into manufacturing of ductile and gray iron castings it is the only casting manufacturer with a product range from 0.5 to 400 kgs plants are in close proximity to Chennai which is a major manufacturing hub for automotive companies that forms both a key customer base for nailcast and a reliable source of steel scrap which is a crucial raw material all three plants are within 15 to 110 kilometers of Indias largest source of silica sand near gudur close proximity to krishnapatnam and Chennai seaports gives it easy access to docHub the clients Around the World nelcast products cater to oems and Tier 1 customers in commercial vehicles tractors of highway equipment Railways and passenger vehicle segments so whats making us optimistic about nelcast number