ELECON

Elecon Engineering Company Share PriceElecon Engineering Company

₹378.35
9.45 (2.56%)
As on 30 March, 2023 | 22:43 BSE: 505700 NSE: ELECON

Elecon Engineering Company Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Elecon Engineering Company Share Price

  • Over 1 Month -4.06%
  • Over 3 Month 3.99%
  • Over 6 Month 13.38%
  • Over 1 Year 168.14%

Elecon Engineering Company Key Statistics

P/E Ratio 19.7
PEG Ratio 0.3
Market Cap Cr 4,245
Price to Book Ratio 4
EPS 8.8
Dividend 0.4
Relative Strength Index 46.76
Money Flow Index 45.87
MACD Signal -2.54
Average True Range 15.7

Elecon Engineering Company Investment Rating

  • Master Rating:
  • Elecon Engineering has an operating revenue of Rs. 1,434.88 Cr. on a trailing 12-month basis. An annual revenue growth of 15% is outstanding, Pre-tax margin of 14% is healthy, ROE of 13% is good. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 20% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 96 which is a GREAT score indicating consistency in earnings, a RS Rating of 89 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 62 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of B is close to being the best. Overall, the stock has great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Elecon Engineering Company Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 304305257246
Operating Expenses Qtr Cr 233230202195
Operating Profit Qtr Cr 71755551
Depreciation Qtr Cr 101099
Interest Qtr Cr 2245
Tax Qtr Cr 1518116
Net Profit Qtr Cr 48483334

Elecon Engineering Company Technicals

EMA & SMA

Current Price
₹378.35
9.45 (2.56%)
  • Bullish Moving Average
  • ___
  • 4
  • Bearish Moving Average
  • ___
  • 12
  • 20 Day
  • 382.32
  • 50 Day
  • 386.05
  • 100 Day
  • 382.37
  • 200 Day
  • 352.32
  • 20 Day
  • 383.7
  • 50 Day
  • 385.82
  • 100 Day
  • 399.47
  • 200 Day
  • 367.71

Elecon Engineering Company Resistance and Support

PIVOT
₹364.85
Resistance
First Resistance 379.85
Second Resistance 390.8
Third Resistance 405.8
RSI 46.76
MFI 45.87
MACD Single Line -2.54
MACD -4.12
Support
First Resistance 353.9
Second Resistance 338.9
Third Resistance 327.95

Elecon Engineering Company Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 298,336 14,260,461 47.8
Week 167,264 7,546,970 45.12
1 Month 265,675 8,302,335 31.25
6 Month 348,389 15,416,196 44.25

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. 884.42 Cr. and Equity Capital is Rs. 22.44 Cr. for the Year ended 31/03/2022. 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 4,245
Sales 1,112
Shares in Float 4.60
No of funds 60
Yield 0.11
Book Value 4.68
U/D Vol ratio 1.4
LTDebt / Equity 2
Alpha 0.46
Beta 1.28

Elecon Engineering Company

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 59.29%59.29%59.26%
Mutual Funds 0.86%0.78%1.53%
Foreign Portfolio Investors 1.95%2.01%2.14%
Financial Institutions/ Banks 0.04%0.04%0.04%
Individual Investors 29.15%29.87%30.18%
Others 8.71%8.01%6.85%

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. Jal R Patel Director
Mr. Jai S Diwanji Director
Dr. Sonal V Ambani Director
Mr. Ashutosh Arvind Pednekar Director

Elecon Engineering Company Forecast

Price Estimates

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

Other Analyst Rating

Elecon Engineering Company MF Shareholding

Name Amount(cr)
HDFC Multi Cap Fund Regular Growth 5790
LIC MF Flexi Cap Fund Growth 477
LIC MF Childrens Gift Fund 13

Elecon Engineering Company FAQs

What is Share Price of Elecon Engineering Company ?

Elecon Engineering Company share price is ₹378 As on 30 March, 2023 | 22:29

What is the Market Cap of Elecon Engineering Company ?

The Market Cap of Elecon Engineering Company is ₹4245.1 Cr As on 30 March, 2023 | 22:29

What is the P/E ratio of Elecon Engineering Company ?

The P/E ratio of Elecon Engineering Company is 19.7 As on 30 March, 2023 | 22:29

What is the PB ratio of Elecon Engineering Company ?

The PB ratio of Elecon Engineering Company is 4 As on 30 March, 2023 | 22:29

Q2FY23

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