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Elgi Equipments Ltd Share Price (ELGIEQUIP)

₹625.950.68%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Elgi Equipments Ltd share Performance

  • ₹622.35
    ₹641.95
    ₹625.95
    downward going graph

    0.58%

    Low

    Day's Volatility:3.13%

    High

    2.56%

    downward going graph
  • ₹428.5
    ₹714.2
    ₹625.95
    downward going graph

    31.54%

    Low

    52 Weeks Volatility:45.64%

    High

    14.10%

    downward going graph
1 Month Return-1.01 %
3 Month Return14.27 %
1 Year Return30.72 %
Previous Close₹621.70
Open₹626.00
Volume1.42L
Upper Circuit-
Lower Circuit-
Market Cap₹19,702.23Cr

Analyst Rating for Elgi Equipments Ltd stock

based on 3 analysts

HOLD
50.00%
Buy
0.00%
Hold
50.00%
Sell

Based on 3 analysts offering long term price targets for Elgi Equipments Ltd. An average target of ₹550

Source: S&P Global Market Intelligence

Company Information

Elgi Equipments Ltd is a leading air compressor manufacturer with a history dating back to 1960. Founded by Dr. V.R. Govindarajan, the company has been at the forefront of the air compressor industry for over five decades. With a strong presence in India, Elgi Equipments Ltd is one of the largest manufacturers of air compressors in the world.

Elgi Equipments Ltd offers a wide range of air compressor solutions for industrial, commercial and residential applications. The company's lines of business include air compressors, air dryers, air receivers, air accessories, air filters, lubricants and other related products. Elgi Equipments Ltd also manufactures and markets a range of popular brands such as Elgi Ultra, Elgi Ultra Pro, Elgi Ultra Compressors, Elgi Ultra Dryers and Elgi Ultra Air Accessories.

Elgi Equipments Ltd's top products include oil-free screw air compressors, oil-lubricated reciprocating air compressors, rotary screw air compressors, air dryers, air receivers, air filters and air accessories. The company also offers a wide range of after-sales services such as installation, maintenance, repair and other related services.

Share Price: ₹625.95 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹19,702.23Cr as of today
Revenue: ₹821.83Cr as on December 2023 (Q4 23)
Net Profit: ₹83.88Cr as on December 2023 (Q4 23)
Listing date: 14 Jun, 1995
OrganisationElgi Equipments Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
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Key events for Elgi Equipments Ltd

  • Elgi Equipments Ltd Shows Strong Growth in Earnings and Revenue - 05 Apr, 2024

    Elgi Equipments Ltd reported a 48% growth in earnings per share and an 8.7% increase in revenue to ₹32b. Insiders have invested significantly in the stock, and the CEO's compensation policy is favorable to shareholders. While there are risks associated with investing, Elgi Equipments' underlying strengths make it worth considering.

  • Elgi Equipments Share Price Rises 12% - 04 Apr, 2024

    Elgi Equipments Ltd's stock saw a surge in volume and rose by 11.85% to reach Rs.658.80. Experts predict a possible fresh breakout above Rs.700 with a short-term target of Rs.725 due to the company's positive outlook in the current infra-focused economy.

  • Elgi Equipments' ROCE Outpaces Industry Average - 18 Mar, 2024

    Elgi Equipments has a return on capital employed (ROCE) of 27%, outpacing the industry average of 18%. The returns generated on capital employed have grown considerably in the last five years, and the company can compound returns by consistently reinvesting capital at increasing rates of return.

Fundamentals of Elgi Equipments Ltd

Insights on Elgi Equipments Ltd

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

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.33% to 3.45% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 28.82% to 29.02% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 744.13 Cr → 834.7 Cr (in ₹), with an average increase of 5.5% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Thermax Ltd has given 106.0% return, outperforming this stock by 75.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 31.19% of holdings in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Thermax Ltd has given 252.5% return, outperforming this stock by 75.6%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 34.97% to 34.70% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, ELGIEQUIP stock has moved down by -2.9%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 91.29 Cr → 83.88 Cr (in ₹), with an average decrease of 8.1% per quarter

Elgi Equipments Ltd Valuation

Elgi Equipments Ltd in the last 5 years

  • Overview

  • Trends

Lowest (27.76x)

March 30, 2020

Today (48.46x)

April 16, 2024

Industry (82.76x)

April 16, 2024

Highest (475.09x)

September 21, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
SBI Small Cap Fund Direct Plan GrowthSBI Small Cap Fund Direct Plan Growth2.37%
Baroda BNP Paribas Small Cap Fund Direct GrowthBaroda BNP Paribas Small Cap Fund Direct Growth1.17%
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.89%
Union Small Cap Fund Direct GrowthUnion Small Cap Fund Direct Growth0.51%
SBI Nifty Smallcap 250 Index Fund Direct GrowthSBI Nifty Smallcap 250 Index Fund Direct Growth0.89%

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
31.19%
0.00
Foreign Institutions
29.02%
0.69
Mutual Funds
3.45%
3.68
Retail Investors
34.7%
-0.77
Others
1.64%
-3.14

Technicals of Elgi Equipments Ltd share

News & Events of Elgi Equipments Ltd

Frequently Asked Questions

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Elgi Equipments Ltd (ELGIEQUIP) share price today is ₹625.95

Elgi Equipments Ltd is listed on NSE

Elgi Equipments Ltd is listed on BSE

  • Today’s highest price of Elgi Equipments Ltd is ₹641.95.
  • Today’s lowest price of Elgi Equipments Ltd is ₹622.35.

PE Ratio of Elgi Equipments Ltd is 48.46

PE ratio = Elgi Equipments Ltd Market price per share / Elgi Equipments Ltd Earnings per share

Today’s traded volume of Elgi Equipments Ltd(ELGIEQUIP) is 1.42L.

Today’s market capitalisation of Elgi Equipments Ltd(ELGIEQUIP) is ₹19702.23Cr.

Elgi Equipments Ltd(ELGIEQUIPPrice
52 Week High
₹714.2
52 Week Low
₹428.5

Elgi Equipments Ltd(ELGIEQUIP) share price is ₹625.95. It is down -12.36% from its 52 Week High price of ₹714.2

Elgi Equipments Ltd(ELGIEQUIP) share price is ₹625.95. It is up 46.08% from its 52 Week Low price of ₹428.5

Elgi Equipments Ltd(ELGIEQUIPReturns
1 Day Returns
4.25%
1 Month Returns
-1.01%
3 Month Returns
14.27%
1 Year Returns
30.72%