Elecon Engineering Company
Elecon Engineering Company Performance
Day Range
- Low 925.55
- High 989.8
52 Week Range
- Low 335
- High 989.8
- Open Price989
- Previous Close956.25
- Volume635048
Start SIP in Elecon Engineering Company
Start SIPElecon Engineering Company Investment Rating
-
Master Rating:
-
Elecon Engineering has an operating revenue of Rs. 1,712.61 Cr. on a trailing 12-month basis. An annual revenue growth of 28% is outstanding, Pre-tax margin of 19% is great, ROE of 18% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 16% and 51% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 94 which is a GREAT score indicating consistency in earnings, a RS Rating of 84 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 92 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 has great fundamentals and technical strength to stay in momentum.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 407 | 324 | 331 | 304 | 305 | 257 | 246 |
Operating Expenses Qtr Cr | 299 | 238 | 251 | 233 | 230 | 202 | 195 |
Operating Profit Qtr Cr | 108 | 87 | 79 | 71 | 75 | 55 | 51 |
Depreciation Qtr Cr | 11 | 10 | 11 | 10 | 10 | 9 | 9 |
Interest Qtr Cr | 2 | 2 | 4 | 2 | 2 | 4 | 5 |
Tax Qtr Cr | 27 | 20 | 15 | 15 | 18 | 11 | 6 |
Net Profit Qtr Cr | 79 | 61 | 59 | 48 | 48 | 33 | 34 |
Elecon Engineering Company Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹885.91
- 50 Day
- ₹845.8
- 100 Day
- ₹785.36
- 200 Day
- ₹676.83
- 20 Day
- ₹894.29
- 50 Day
- ₹824.14
- 100 Day
- ₹807.82
- 200 Day
- ₹635.53
Elecon Engineering Company Resistance and Support
Resistance | |
---|---|
First Resistance | ₹972.15 |
Second Resistance | ₹1013.1 |
Third Resistance | ₹1036.41 |
RSI | 61.62 |
MFI | 76.95 |
MACD Single Line | 23.41 |
MACD | 24.77 |
Support | |
---|---|
First Resistance | ₹907.9 |
Second Resistance | ₹884.6 |
Third Resistance | ₹843.65 |
Elecon Engineering Company Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 697,510 | 28,297,981 | 40.57 |
Week | 1,100,012 | 29,557,316 | 26.87 |
1 Month | 608,308 | 19,575,341 | 32.18 |
6 Month | 549,866 | 20,542,987 | 37.36 |
Elecon Engineering Company Result Highlights
Elecon Engineering Company Synopsis
NSE-Machinery-Gen Industrial
Elecon Engg. belongs to the Industry of Engineering - Heavy. Company’s Total Operating Revenue is Rs. 1196.99 Cr. and Equity Capital is Rs. 22.44 Cr. for the Year ended 31/03/2023. Elecon Engineering Company Ltd. is a Public Limited Listed company incorporated on 11/01/1960 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L29100GJ1960PLC001082 and registration number is 001082.Market Cap | 10,423 |
Sales | 1,366 |
Shares in Float | 4.60 |
No of funds | 107 |
Yield | 0.31 |
Book Value | 9.94 |
U/D Vol ratio | 1.5 |
LTDebt / Equity | 2 |
Alpha | 0.29 |
Beta | 1.23 |
Elecon Engineering Company
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 59.29% | 59.29% | 59.29% | 59.29% |
Mutual Funds | 1.68% | 1.12% | 0.87% | 0.86% |
Insurance Companies | 0.06% | |||
Foreign Portfolio Investors | 4.88% | 2.81% | 2.11% | 1.95% |
Financial Institutions/ Banks | 0.04% | 0.04% | 0.04% | 0.04% |
Individual Investors | 26.55% | 28.39% | 29.02% | 29.15% |
Others | 7.5% | 8.35% | 8.67% | 8.71% |
Elecon Engineering Company Management
Name | Designation |
---|---|
Mr. Prayasvin B Patel | Chairman & Managing Director |
Mr. Prashant C Amin | Director |
Mr. Pradip M Patel | Director |
Mr. Pranav C Amin | Director |
Mr. Jai S Diwanji | Director |
Dr. Sonal V Ambani | Director |
Mr. Ashutosh Arvind Pednekar | Director |
Mr. Aayush A Shah | Director |
Elecon Engineering Company Forecast
Price Estimates
Elecon Engineering Company Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-10-20 | Quarterly Results & Interim Dividend | |
2023-07-11 | Quarterly Results | |
2023-04-25 | Audited Results & Final Dividend | |
2023-01-24 | Quarterly Results | |
2022-11-03 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
2023-10-31 | INTERIM | Rs.1.00 per share(50%)Interim Dividend |
2022-06-10 | FINAL | Rs.1.00 per share(50%)Final Dividend |
2022-06-10 | FINAL | Rs.0.40 per share(20%)Special Dividend |
2021-07-23 | FINAL | Rs.0.40 per share(20%)Dividend |
Elecon Engineering Company FAQs
What is Share Price of Elecon Engineering Company ?
Elecon Engineering Company share price is ₹931 As on 29 November, 2023 | 00:27
What is the Market Cap of Elecon Engineering Company ?
The Market Cap of Elecon Engineering Company is ₹10448.1 Cr As on 29 November, 2023 | 00:27
What is the P/E ratio of Elecon Engineering Company ?
The P/E ratio of Elecon Engineering Company is 35.8 As on 29 November, 2023 | 00:27
What is the PB ratio of Elecon Engineering Company ?
The PB ratio of Elecon Engineering Company is 8.2 As on 29 November, 2023 | 00:27