Elecon Engineering Company Ltd (ELECON)
₹1097.45
Elecon Engineering Company Ltd share Performance
- ₹1084.95₹1145.7₹1097.45
1.14%
Low
Day's Volatility:5.54%
High
4.40%
- ₹429₹1245₹1097.45
60.91%
Low
52 Weeks Volatility:74.35%
High
13.44%
| Returns % | |
| 1 Month Return | 11.61 % |
| 3 Month Return | 2.77 % |
| 1 Year Return | 149.62 % |
| Market Stats | |
| Previous Close | ₹1,138.90 |
| Open | ₹1,138.95 |
| Volume | 2.97L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹12,778.45Cr |
Company Information
Elecon Engineering Company Ltd is known for its industrial gearboxes, material handling systems, and automation and control systems. It is also the manufacturer of some of the most popular brands in the engineering industry, such as Elecon, Econ, and Elecon Power. The company also offers a range of services such as engineering design, installation, commissioning, and maintenance.
Share Price: ₹1097.45 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹12,778.45Cr as of today
Revenue: ₹564.62Cr as on March 2024 (Q1 24)
Net Profit: ₹103.65Cr as on March 2024 (Q1 24)
Listing date: 31 Oct, 1995
Chairperson Name: Prayasvin B Patel
| Organisation | Elecon Engineering Company Ltd |
| Headquarters | Vallabh Vidyanagar |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
Key events for Elecon Engineering Company Ltd
Elecon Engineering Q4 FY24 Results Show Increase in Revenue and Profit - 21 Apr, 2024
Elecon Engineering Company Ltd reported a 32.99% YoY increase in revenue and a 52.55% YoY increase in profit for Q4 FY24. The company's EPS also increased by 52.54% YoY. Elecon Engineering delivered returns of 5.96% in the last week, 34.82% in the last six months, and 14.46% YTD.
Elecon Engineering Shares Jump on Strong Q4 Results - 19 Apr, 2024
Elecon Engineering Company Ltd reports strong Q4 FY24 results with a surge in consolidated net profit and revenue from operations. The company also proposed a final dividend of Rs 2 per equity share and approved a subdivision of one equity share having face value of Rs 2 each into two equity shares of face value of Rs 1 each.
Elecon Engineering's ROE Higher Than Industry Average - 06 Apr, 2024
Elecon Engineering has an impressive Return on Equity (ROE) of 23%, higher than the industry average of 16%. The company has seen a net income growth of 36% over the last five years and has a low payout ratio, indicating reinvestment for growth. However, latest analyst forecasts suggest earnings growth may slow down.
Fundamentals of Elecon Engineering Company Ltd
Insights on Elecon Engineering Company Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 5.96% to 7.58% in Mar 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, ELECON has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 484.79 Cr → 580.13 Cr (in ₹), with an average increase of 16.4% per quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, ELECON has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 6 quarters, 62.74 Cr → 103.65 Cr (in ₹), with an average increase of 9.4% per quarter
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 59.29% to 59.27% in Mar 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 32.11% to 30.85% in Mar 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, ELECON stock has moved down by -5.3%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 1.64% to 1.30% in Mar 2024 quarter
Elecon Engineering Company Ltd Valuation
Elecon Engineering Company Ltd in the last 5 years
Lowest (-70.07x)
January 23, 2018
Today (34.63x)
May 3, 2024
Industry (89.61x)
May 3, 2024
Highest (128.13x)
April 20, 2018
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 59.27% | 0.00 | |
| Foreign Institutions | 7.58% | 0.00 | |
| Mutual Funds | 1.3% | 0.00 | |
| Retail Investors | 30.85% | 0.00 | |
| Others | 1% | 0.00 |
Technicals of Elecon Engineering Company Ltd share
News & Events of Elecon Engineering Company Ltd
Frequently Asked Questions
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Elecon Engineering Company Ltd (ELECON) share price today is ₹1097.45
Elecon Engineering Company Ltd is listed on NSE
Elecon Engineering Company Ltd is listed on BSE
- Today’s highest price of Elecon Engineering Company Ltd is ₹1145.7.
- Today’s lowest price of Elecon Engineering Company Ltd is ₹1084.95.
PE Ratio of Elecon Engineering Company Ltd is 34.63
PE ratio = Elecon Engineering Company Ltd Market price per share / Elecon Engineering Company Ltd Earnings per share
Today’s traded volume of Elecon Engineering Company Ltd(ELECON) is 2.97L.
Today’s market capitalisation of Elecon Engineering Company Ltd(ELECON) is ₹12778.45Cr.
| Elecon Engineering Company Ltd(ELECON | Price |
|---|---|
52 Week High | ₹1245 |
52 Week Low | ₹429 |
Elecon Engineering Company Ltd(ELECON) share price is ₹1097.45. It is down -11.85% from its 52 Week High price of ₹1245
Elecon Engineering Company Ltd(ELECON) share price is ₹1097.45. It is up 155.82% from its 52 Week Low price of ₹429
| Elecon Engineering Company Ltd(ELECON | Returns |
|---|---|
1 Day Returns | -41.45% |
1 Month Returns | 11.61% |
3 Month Returns | 2.77% |
1 Year Returns | 149.62% |