Nifty 17196.7 (-1.18%)
Sensex 57696.46 (-1.31%)
Nifty Bank 36197.15 (-0.85%)
Nifty IT 35848.05 (-0.86%)
Nifty Financial Services 17779.5 (-1.13%)
Adani Ports 737.45 (-0.22%)
Asian Paints 3110.45 (-2.21%)
Axis Bank 673.00 (-0.46%)
B P C L 385.90 (1.86%)
Bajaj Auto 3287.85 (-1.22%)
Bajaj Finance 7069.25 (-1.55%)
Bajaj Finserv 17488.70 (-1.52%)
Bharti Airtel 718.35 (-1.94%)
Britannia Inds. 3553.75 (-0.69%)
Cipla 912.05 (-1.00%)
Coal India 159.75 (0.28%)
Divis Lab. 4757.05 (-0.42%)
Dr Reddys Labs 4596.50 (-1.42%)
Eicher Motors 2455.55 (0.16%)
Grasim Inds 1703.90 (-1.16%)
H D F C 2771.65 (-1.29%)
HCL Technologies 1171.40 (-1.12%)
HDFC Bank 1513.55 (-0.80%)
HDFC Life Insur. 690.95 (-2.03%)
Hero Motocorp 2462.45 (-0.41%)
Hind. Unilever 2343.65 (-1.66%)
Hindalco Inds. 424.65 (-1.72%)
I O C L 122.20 (1.28%)
ICICI Bank 716.30 (-0.84%)
IndusInd Bank 951.15 (0.59%)
Infosys 1735.55 (-0.73%)
ITC 221.65 (-1.69%)
JSW Steel 644.55 (-0.34%)
Kotak Mah. Bank 1914.20 (-2.55%)
Larsen & Toubro 1801.25 (0.67%)
M & M 836.95 (-1.48%)
Maruti Suzuki 7208.70 (-1.59%)
Nestle India 19321.35 (-0.93%)
NTPC 127.00 (-1.32%)
O N G C 145.90 (1.32%)
Power Grid Corpn 206.10 (-3.92%)
Reliance Industr 2408.25 (-3.00%)
SBI Life Insuran 1165.95 (-1.86%)
Shree Cement 25914.05 (-1.43%)
St Bk of India 473.15 (-0.81%)
Sun Pharma.Inds. 751.80 (-1.89%)
Tata Consumer 774.30 (0.14%)
Tata Motors 480.10 (0.21%)
Tata Steel 1118.00 (0.50%)
TCS 3640.45 (-0.07%)
Tech Mahindra 1593.30 (-2.23%)
Titan Company 2369.25 (-0.72%)
UltraTech Cem. 7332.45 (0.13%)
UPL 712.75 (2.08%)
Wipro 640.75 (-0.94%)
INFY

Elgi Equipments Ltd.

₹296.2
Not a customer?

Open free demat account
& trade instantly

Investment Ratings

As per analysts rating in the last 6 months, the recommendation is to HOLD Elgi Equipments

  • Master Rating:
  • Elgi Equipments (Nse) has an operating revenue of Rs. 2,299.13 Cr. on a trailing 12-month basis. An annual revenue growth of 6% is not great, Pre-tax margin of 8% is okay, ROE of 11% is good. The company has a reasonable debt to equity of 9%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 27% and 33% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 13% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 68 which is a FAIR score but needs to improve its earnings, a RS Rating of 69 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 73 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Elgi Equipments Ltd Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Ratings

Eps And Sales Estimates

Elgi Equipments Ltd Synopsis

NSE-Machinery-Gen Industrial

Elgi Equipments is involved in the business activities of Manufacture of other pumps, compressors, taps and valves. Company’s Total Operating Revenue is Rs. 1100.17 Cr. and Equity Capital is Rs. 31.69 Cr. for the Year ended 31/03/2021. Elgi Equipments Ltd. is a Public Limited Listed company incorporated on 14/03/1960 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L29120TZ1960PLC000351 and registration number is 000351.
  • Market Cap

    INR 9,461.35 Cr

  • Sales

    INR 1,433.59 Cr

  • Shares in Float

    21.55 Cr

  • No of Funds

    62 K

  • Yield

    0.29%

  • Book Value

    10.68

  • U/D Vol Ratio

    2.8

  • LTDebt/Equity

    %

  • Alpha

    0.25

  • Beta

    0.58

Elgi Equipments Ltd Ownership
Elgi Equipments Ltd Management

Elgi Equipments Ltd Financials

INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Total ShareHolders Funds Annual Cr 815.72710.019661.922599.963540.833
Fixed Assets Annual Cr 214.966237.476225.369223.973244.738
Total Non Current Assets Annual Cr 461.106487.891423.721397.07392.898
Total Current Assets Annual Cr 708.521513.419504.358486.723373.508
Total Assets Annual Cr 1169.6271001.31928.079883.793766.406
INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Book Value Per Share Annual Rs 25.739744.810241.774837.864434.1327
ROE Annual % 12.8814.1412.812.8112.64
ROCE Annual % 17.4718.3618.3818.3816.05
Total Debt to Total Equity Annual -----
EBDIT Annual Margin % 16.2815.613.3214.4214.16

Elgi Equipments Ltd Technicals

EMA & SMA

CURRENT PRICE

296.2 (7.75)

    • Bullish Moving Averages 16
    • Bearish Moving Averages 0

EMA

  • 20 Day

    246.75

  • 50 Day

    225.76

  • 100 Day

    215.65

  • 200 Day

    206.88

Elgi Equipments Ltd Resistance and support

276.59 PIVOT

  • First Resistance

    281.32

  • Second Resistance

    287.74

  • Third Resistance

    292.47

  • First Support

    270.17

  • Second Support

    265.44

  • Third Support

    259.02

  • RSI

    81.96

  • MFI

    89.36

  • MACD

    20.61

  • MACD signal line

    14.58

Elgi Equipments Ltd Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,527,482 41,730,808 27.32%
Week 943,602 29,298,836 31.05%
1 Month 1,465,836 42,347,995 28.89%
6 Month 558,099 24,868,884 44.56%

Elgi Equipments Ltd Price change analysis

96.35

Over 1 month

Low High
199.1 299.7

96.85

Over 3 month

Low High
195.1 299.7

84.9

Over 6 months

Low High
191.3 299.7

163.05

Over Year

Low High
132.25 299.7

Similar Stocks

News

Elgi Equipments Ltd - 522074 - Clarification On Price Moveme

This has reference to the above mentioned email. In this regard, we wish to inform you that there is no information/announcement (including Read More

ELGI EQUIPMENTS LTD. - 522074 - Amendments To The Code Of Co

Pursuant to Regulation of 8(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, the amended Code of Conduct to regulate, monitor Read More

Elgi Equipments Ltd - 522074 - Announcement under Regulation

ln continuation to our letter dated November 2, 2021 regarding intimation of Q2 FY2021-22 Earnings conference call, please find enclosed the Read More

Elgi Equipments Ltd - 522074 - Announcement under Regulation

In continuation to our letter dated November 2, 2021, we hereby inform you that the audio call recording link of Q2 FY22 Earnings conference Read More

ELGI EQUIPMENTS LTD. - 522074 - Disclosures under Reg. 29(2)

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 fo Read More

Blogs

FAQs