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Elecon Engineering Company Limited

ELECON | NSE

381.35

INR

26.60

7.50%

ELECON | NSE
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About Elecon Engineering Company Limited

Sector

Industrials

Industry

Specialty Industrial Machinery

Earnings date

31/03/2024

As of date

01/04/2026

Close

381.35

Open

367.95

High

387.65

Low

367.15

Elecon Engineering Company Limited manufactures and sells power transmission and material handling equipment in India and internationally. The company operates in two segments Material Handling Equipment and Transmission Equipment. It provides helical and bevel helical planetary worm high speed wind turbine marine and custom-built gear boxes; customized gear boxes; loose gears; vertical roller mill drives; elign geared elflex flexible fluid scoop controlled variable speed controlled fluid and torsion shaft couplings; and elevator traction machines. The company also provides material handling equipment such as raw material handling systems stackers scrapers/reclaimers bagging and weighing machines wagon and truck loaders crushers wagon tipplers and associated equipment feeders idlers and pulleys magnates/weighers/detectors port equipment and cable reeling drums; and alternate energy products. In addition it engages in the ferrous and non-ferrous foundry business. Further the company offers gearbox repair and refurbish services; and material handling equipment support services. It serves cement sugar defense steel mining power plastic material handling chemical palm oil crane paper rubber marine and fertilizer industries as well as windmills and ports. Elecon Engineering Company Limited was founded in 1951 and is based in Vallabh Vidyanagar India.

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ELECON | NSE

Risk
48.4
Sharpe
-0.40
Luna's Score
46/100
Recommendation
Hold

Luna says (ELECON | NSE)

What's Working

Strength based on increasing price with high volume

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

What's not Working

High Short-term Volatility

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Rich in Valuation (Price to Book > 8)

Declining Revenue (< 0%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

64.2%

1 month

48.4%

3 months

61.5%

6 months

48.4%

Returns

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Fundamental Ratios

PE

45.46

Fwd. PE

13.44

Price to book

8.01

Debt to equity

0.04

Debt to assets

0.03

Ent. to EBITDA

26.26

Ent. to rev.

7.13

PEG

-

Other Fundamentals

EBITDA

4.65B

MarketCap

98.55B

MarketCap(USD)

1.06B

Div. yield

0.21

Op. margin

20.28

Erngs. growth

0.60

Rev. growth

-5.30

Ret. on equity

24.67

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

64.00

Range1M

84.00

Range3M

181.20

Volumes: Market Activity

Volume Averages

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Rel. volume

1.13

Price X volume

224.12M

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  • 1

Diversifiers

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Honasa Consumer LimitedHONASAIN307.45103.30B3.08%108.4411.96%
Vedant Fashions LimitedMANYAVARApparel Retail374.3591.57B6.65%84.2627.74%
Cello World LimitedCELLOIN39787.69B2.19%54.8032.26%
Azad Engineering LimitedAZADIN1534.786.02B3.42%130.376.11%
INDIA SHELTER FINANCE CORPORATION LIMITEDINDIASHLTRIN755.2584.11B0.08%27.80148.57%
Akums Drugs and PharmaceuticalAKUMSIN496.4571.42B6.51%10.40K
KIRLOSKAR PNEUMATIC CO LTDKIRLPNUIN1085.870.40B4.40%65.640.08%
AVALON TECHNOLOGIES LTDAVALONIN936.8561.82B0.95%210.8438.11%
Le Travenues Technology LtdIXIGOIN175.4260.07B0.27%79.03
Entero Healthcare Solutions Ltd.ENTEROIN1246.651.36B-0.10%107.5520.63%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA26.2639.27Cheaper
Ent. to Revenue7.1312.59Cheaper
PE Ratio45.4662.57Cheaper
Price to Book8.0111.06Cheaper
Dividend Yield0.210.48Poor
Std. Deviation (3M)61.4648.16Riskier
Debt to Equity0.04-1.03Expensive
Debt to Assets0.030.17Cheaper
Market Cap98.55B218.80BEmerging
  • 1

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