ELECON

Elecon Engineering Company Share Price

₹565.10 -8 (-1.4%)

21 Nov, 2024 14:10

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Performance

  • Low
  • ₹548
  • High
  • ₹573
  • 52 Week Low
  • ₹395
  • 52 Week High
  • ₹739
  • Open Price₹573
  • Previous Close₹573
  • Volume251,375

Investment Returns

  • Over 1 Month -9.73%
  • Over 3 Month -7.36%
  • Over 6 Month -1.21%
  • Over 1 Year + 25.94%
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Elecon Engineering Company Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 35.7
  • PEG Ratio
  • 1.7
  • Market Cap Cr
  • 12,681
  • P/B Ratio
  • 7.9
  • Average True Range
  • 28.83
  • EPS
  • 15.83
  • Dividend Yield
  • 0.3
  • MACD Signal
  • -19.74
  • RSI
  • 45.97
  • MFI
  • 37.35

Elecon Engineering Company Financials

Elecon Engineering Company Technicals

EMA & SMA

Current Price
₹565.10
-8 (-1.4%)
pointer
  • stock-down_img
  • Bullish Moving Average 2
  • stock-up_img
  • Bearish Moving Average 14
  • 20 Day
  • ₹581.81
  • 50 Day
  • ₹605.93
  • 100 Day
  • ₹606.49
  • 200 Day
  • ₹571.76

Resistance and Support

566.28 Pivot Speed
  • R3 626.92
  • R2 604.43
  • R1 588.77
  • S1 550.62
  • S2 528.13
  • S3 512.47

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Elecon Engineering Co. Ltd. is a leading industrial gear and material handling equipment manufacturer in India, with facilities in Gujarat. The company produces industrial gearboxes and bulk material handling systems, serving sectors like steel, cement, sugar, and power.

Elecon Engineering has an operating revenue of Rs. 1,938.68 Cr. on a trailing 12-month basis. An annual revenue growth of 28% is outstanding, Pre-tax margin of 24% is great, ROE of 22% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -20% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 78 which is a FAIR score but needs to improve its earnings, a RS Rating of 51 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D- which indicates heavy supply, Group Rank of 140 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Elecon Engineering Company Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-18 Quarterly Results & Interim Dividend
2024-07-17 Quarterly Results
2024-04-19 Audited Results, Dividend & Stock Split
2024-01-25 Quarterly Results
2023-10-20 Quarterly Results & Interim Dividend
Date Purpose Remarks
2024-10-28 INTERIM Rs.0.50 per share(50%)Interim Dividend
2023-10-31 INTERIM Rs.1.00 per share(50%)Interim Dividend
2022-06-10 FINAL Rs.1.00 per share(50%)Final Dividend
2022-06-10 FINAL Rs.0.40 per share(20%)Special Dividend
2021-07-23 FINAL Rs.0.40 per share(20%)Dividend
Date Purpose Remarks
2024-07-19 Split Rs.0.00 split from Rs. 2/- to Re. 1/- .

Elecon Engineering Company F&O

Elecon Engineering Company Shareholding Pattern

59.27%
1.96%
0.38%
9.84%
0.04%
22.76%
5.75%

About Elecon Engineering Company

  • NSE Symbol
  • ELECON
  • BSE Symbol
  • 505700
  • Chairman & Managing Director
  • Mr. Prayasvin B Patel
  • ISIN
  • INE205B01031

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Elecon Engineering Company FAQs

Elecon Engineering Company share price is ₹565 As on 21 November, 2024 | 13:56

The Market Cap of Elecon Engineering Company is ₹12680.8 Cr As on 21 November, 2024 | 13:56

The P/E ratio of Elecon Engineering Company is 35.7 As on 21 November, 2024 | 13:56

The PB ratio of Elecon Engineering Company is 7.9 As on 21 November, 2024 | 13:56

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Q2FY23