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Elecon Engineering Company Ltd Share Price (ELECON)

₹988.251.67%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Elecon Engineering Company Ltd

Key events for Elecon Engineering Company Ltd

  • 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.

  • Elecon Engineering Has Conservative Balance Sheet and Strong Free Cash Flow - 22 Mar, 2024

    Elecon Engineering has a net cash position of ₹3.11b, with only ₹454.8m in debt as of September 2023. The company's free cash flow is robust at 87% of its EBIT, putting it in a strong position to pay down debt.

  • Elecon Engineering's High P/E Ratio Raises Concerns - 08 Mar, 2024

    Elecon Engineering's P/E ratio of 33.7x is higher than the market average, despite predicted weaker earnings growth. Shareholders may be looking to exit as prices are unlikely to remain sustainable.

Elecon Engineering Company Ltd share Performance

  • ₹968
    ₹1023
    ₹988.25
    downward going graph

    2.05%

    Downside

    Day's Volatility:5.57%

    Upside

    3.52%

    downward going graph
  • ₹407.55
    ₹1122
    ₹988.25
    downward going graph

    58.76%

    Downside

    52 Weeks Volatility:72.29%

    Upside

    13.53%

    downward going graph
1 Month Return11.35 %
3 Month Return-9.46 %
1 Year Return119.44 %
Previous Close₹972.00
Open₹975.90
Volume3.25L
Upper Circuit-
Lower Circuit-
Market Cap₹10,905.84Cr

Elecon Engineering Company Ltd Company Information

Elecon Engineering Company Ltd is an Indian engineering company incorporated in 1951. It is one of the leading engineering companies in the country and has been at the forefront of the Indian engineering industry for more than six decades. Elecon Engineering Company Ltd is involved in the manufacture and supply of a wide range of products and services in the engineering sector. Its operations cover a wide range of industries including power, steel, cement, sugar, mining, construction, and oil & gas.

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: ₹988.25 per share as on 15 Apr, 2024 04:01 PM
Market Capitalisation: ₹10,905.84Cr as of today
Revenue: ₹473.56Cr as on December 2023 (Q4 23)
Net Profit: ₹90.40Cr as on December 2023 (Q4 23)
Listing date: 31 Oct, 1995
Chairperson Name: Prayasvin B Patel
OrganisationElecon Engineering Company Ltd
HeadquartersVallabh Vidyanagar
IndustryCapital Goods-Non Electrical Equipment
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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.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, ELECON has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 5.96% to 7.58% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, ELECON stock has moved up by 1421.1%

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ELECON has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 62.74 Cr → 90.4 Cr (in ₹), with an average increase of 8.6% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 32.11% to 30.85% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 499.24 Cr → 484.79 Cr (in ₹), with an average decrease of 2.9% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 1.64% to 1.30% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 59.29% to 59.27% in Mar 2024 quarter

Elecon Engineering Company Ltd Valuation

Elecon Engineering Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-70.07x)

January 23, 2018

Today (34.11x)

April 12, 2024

Industry (83.06x)

April 12, 2024

Highest (128.13x)

April 20, 2018

LowHigh

Elecon Engineering Company Ltd Mutual Fund Holdings

Funds Holdings
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth0.57%
HDFC Multi Cap Fund Direct GrowthHDFC Multi Cap Fund Direct Growth0.46%
Bank of India Flexi Cap Fund Direct GrowthBank of India Flexi Cap Fund Direct Growth0.83%
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.29%
SBI Nifty Smallcap 250 Index Fund Direct GrowthSBI Nifty Smallcap 250 Index Fund Direct Growth0.29%

Elecon Engineering Company Ltd Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M 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

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Elecon Engineering Company Ltd (ELECON) share price today is ₹988.25

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 ₹1023.
  • Today’s lowest price of Elecon Engineering Company Ltd is ₹968.

PE Ratio of Elecon Engineering Company Ltd is 34.11

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 3.25L.

Today’s market capitalisation of Elecon Engineering Company Ltd(ELECON) is ₹10905.84Cr.

Elecon Engineering Company Ltd(ELECONPrice
52 Week High
₹1122
52 Week Low
₹407.55

Elecon Engineering Company Ltd(ELECON) share price is ₹988.25. It is down -11.92% from its 52 Week High price of ₹1122

Elecon Engineering Company Ltd(ELECON) share price is ₹988.25. It is up 142.49% from its 52 Week Low price of ₹407.55

Elecon Engineering Company Ltd(ELECONReturns
1 Day Returns
16.25%
1 Month Returns
11.35%
3 Month Returns
-9.46%
1 Year Returns
119.44%