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Eimco Elecon (India) Ltd (EIMCOELECO)

₹2754.72.81%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹2,700
    ₹2,800
  • 52 Week's Low

    52 Week's High

    ₹630
    ₹2,850
1 Month Return+ 30.69 %
3 Month Return+ 55.09 %
1 Year Return+ 291.59 %
Previous Close₹2,679.45
Open₹2,798.95
Volume6,029.00
Upper Circuit-
Lower Circuit-
Market Cap₹1,546.04Cr

Key Statistics

P/E Ratio40.1
PEG Ratio1.22
Market Cap₹1,546.04 Cr
P/B Ratio2.27
EPS16.45

Company Information

Eimco Elecon was established in 1974 by a joint venture of Elecon Engineering Company and Envirotech Corporation US - a subsidiary of Baker Hughes. It manufactures hi-tech drills and loaders used in underground mining. After 1989, the Eimco division of Baker Hughes was taken over by the Finnish Industrial Organisation OY Tampella who had a 40% international market share in mining equipment. Eimco Elecon's product range includes mining equipment like air-powered rocket shovels, electro-hydraulic side-dump loaders, and air motors for captive consumption. They have also diversified into granite quarry line products with the installation of two windmills in Upleta. The Company holds the ISO 9001 quality management system certification from TUV Management Services GmbH for their design, development, manufacturing, installation, and servicing tools. Recently, they have signed two collaboration agreements with Sandvik Tamrock Secoma SA France and Driltech Mission LLC USA for manufacturing CTX models of Load Haul Dump machines for use in coal and hard rock mines as wells as Rotary Blasthole drilling and DTH drills.

Share Price: ₹2754.70 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,546.04Cr as of today
Revenue: ₹84.30Cr as on March 2024 (Q1 24)
Net Profit: ₹14.84Cr as on March 2024 (Q1 24)
Listing date: 24 Apr, 1996
Chairperson Name: P M Patel
OrganisationEimco Elecon (India) Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
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Key events for Eimco Elecon (India) Ltd

  • Eimco Elecon (India) Ltd Shares Continue to Rise - 27 Jun, 2024

    Eimco Elecon (India) Ltd's shares have gained 32% in the last month and 329% in the last year, driven by strong earnings growth. The company's high P/E ratio of 39.2x is maintained on the strength of its recent three-year growth being higher than the wider market forecast. Shareholders are confident that earnings aren't under threat and will continue to support the share price.

  • Eimco Elecon Receives Order Worth Rs 33.11 Crore - 20 Jun, 2024

    Eimco Elecon (India) has received an order worth Rs 33.11 crore from The Singareni Collieries Company for the supply of coal mining equipment. The company's consolidated net profit jumped by 51.3% to Rs 14.84 crore in Q4 FY24. The stock was locked in a 5% upper circuit on the news.

  • Eimco Elecon (India) Ltd to Pay Dividend of Rs 5.00 per Share - 05 Jun, 2024

    Eimco Elecon (India) Limited has announced a dividend payment of ₹5.00 per share on July 25th, with a yield of 0.3%. The company's stock price has increased by 39% in the last three months, and it has a long dividend track record. With EPS growth at 11% per year over the past five years, there is potential for future dividend increases.

Insights on Eimco Elecon (India) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, EIMCOELECO has outperformed top 5 stocks with highest market-cap in Mining Support Services & Equipment

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 52.34 Cr → 89.01 Cr (in ₹), with an average increase of 41.2% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, EIMCOELECO has outperformed top 5 stocks with highest market-cap in Mining Support Services & Equipment

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, EIMCOELECO stock has moved up by 30.7%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 7.55 Cr → 14.84 Cr (in ₹), with an average increase of 49.1% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.06% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.20% to 0.10% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 25.75% to 25.48% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹84.30Cr
↑74.72%
Net Income
₹14.84Cr
↑96.56%
Net Profit Margin
17.60%
↑12.46%
2024Y/Y Change
Revenue
₹227.50Cr
↑31.72%
Net Income
₹38.55Cr
↑97.49%
Net Profit Margin
16.95%
↑50.00%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹451.41Cr
↑16.34%
Total Liabilities
₹65.24Cr
↑66.68%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹11.59Cr
↑74.02%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.06%
0.00
Foreign Institutions
0.1%
-49.67
Mutual Funds
0%
0.00
Retail Investors
25.48%
-1.03
Others
0.37%
20188.89

Key Indicators

Eimco Elecon (India) Ltd Valuation

Eimco Elecon (India) Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.81x)

March 30, 2020

Today (40.10x)

July 12, 2024

Industry (102.60x)

July 12, 2024

Highest (42.67x)

January 7, 2022

LowHigh

Earnings and Dividends

  • Eimco Elecon (India) Ltd Earnings Results

    Eimco Elecon (India) Ltd’s net profit jumped 51.27% since last year same period to ₹14.84Cr in the Q4 2023-2024. On a quarterly growth basis, Eimco Elecon (India) Ltd has generated 96.56% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Eimco Elecon (India) Ltd Dividends April,2024

    In the quarter ending March 2024, Eimco Elecon (India) Ltd has declared dividend of ₹5 - translating a dividend yield of 0.37%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Eimco Elecon (India) Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Eimco Elecon (India) Ltd (EIMCOELECO) share price today is ₹2754.7

Eimco Elecon (India) Ltd is listed on NSE

Eimco Elecon (India) Ltd is listed on BSE

  • Today’s highest price of Eimco Elecon (India) Ltd is ₹2800.
  • Today’s lowest price of Eimco Elecon (India) Ltd is ₹2700.

PE Ratio of Eimco Elecon (India) Ltd is 40.1

PE ratio = Eimco Elecon (India) Ltd Market price per share / Eimco Elecon (India) Ltd Earnings per share

Today’s traded volume of Eimco Elecon (India) Ltd(EIMCOELECO) is 6,029.00.

Today’s market capitalisation of Eimco Elecon (India) Ltd(EIMCOELECO) is ₹1546.04Cr.

Eimco Elecon (India) Ltd(EIMCOELECOPrice
52 Week High
₹2850
52 Week Low
₹630

Eimco Elecon (India) Ltd(EIMCOELECO) share price is ₹2754.7. It is down -3.34% from its 52 Week High price of ₹2850

Eimco Elecon (India) Ltd(EIMCOELECO) share price is ₹2754.7. It is up 337.25% from its 52 Week Low price of ₹630

Eimco Elecon (India) Ltd(EIMCOELECOReturns
1 Day Returns
75.25%
1 Month Returns
30.69%
3 Month Returns
55.09%
1 Year Returns
291.59%