NIFTY 23907.25 BANK 51135.40

Eimco Elecon (India) Limited
Share Price Target & Analysis

NSE:EIMCOELECO

2548.15

VWAP

2400

Open

2376.55

Close

2614.2

High

2348.05

Low

3499

52 Week High

2571.60 ⇧
195.05 (8.21%)

EIMCOELECO

(INDUSTRIAL MANUFACTURING)
58.4% Momentum

Turnaround Potential

1268.5

52 Week Low

87.08

EPS

105.83

PE

3.84

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: EIMCOELECO Share Price Financial Analysis & Valuation

Eimco Elecon (India) Limited (EIMCOELECO) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Engineering - Heavy vertical. It is one of Micro Cap company with Market Capitalization of Rs 198.4 (in Cr). Total number of free float shares are 0.6 (in Lacs). Eimco Elecon (India) Limited is listed on NSE with Exchange ID - INE158B01016 and trading code is NSE:EIMCOELECO with short name Eimco Elecon.

In the past 1 year, Eimco Elecon (India) Limited has declared an equity dividend of Rs 2.5 per share. At the current share price of EIMCOELECO at Rs 2571.60, this results in a dividend yield of 0.1 %.

As per the Fundamental Analysis of NSE:EIMCOELECO, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine EIMCOELECO underlying value and future prospects. All of this data is available in EIMCOELECO financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:EIMCOELECO, it is clearly understood that EIMCOELECO is Economical performer in terms of earnings and profit margins with an EPS of 87.08. NSE:EIMCOELECO book value per share as of today is 669.46. The current price to book ratio for EIMCOELECO as of Nov 23, 2024 is 3.84.

Valuation of the Stock: The current valuation of EIMCOELECO stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of EIMCOELECO whether to BUY this stock at current valuation. The delivery percentage of EIMCOELECO is 60.01% is very crucial parameter which shows that 60.01% investors are anticipating that the price of EIMCOELECO share should go up with VWAP at 2548.15.

Now, the main question is whether to BUY or SELL, NSE:EIMCOELECO at current valuation.
As per latest Analysis No. #453:-

⇑ STRONG BUY EIMCOELECO if All Greens

⇗ BUY EIMCOELECO (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD EIMCOELECO (With Stop Loss) if only 1 Green

⇘ SELL EIMCOELECO if NO Green Indicator

NSE: EIMCOELECO Share Price Today (Nov 23, 2024)

(Eimco Elecon (India) Limited Daily Analysis on the basis of EIMCOELECO Intraday Graph & Trend)

Eimco Elecon (India) Limited share price moved Up by 8.21% from its previous close of Rs 2376.55. EIMCOELECO stock last traded price is 2571.60. EIMCOELECO share price trend is Up with a total of 14440 stocks traded till now. It has touched an intraday high of Rs 2614.2 and an intraday low of Rs 2348.05. The EIMCOELECO trading at 2571.60, Up by Rs. 195.05, or 8.21 percent which suggests that most of the Traders are anticipating that the price of EIMCOELECO share should go Up.

NSE: EIMCOELECO Share Price Tomorrow Prediction

(Eimco Elecon (India) Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of EIMCOELECO)

Eimco Elecon (India) Limited share price moved Up by 8.21%. EIMCOELECO share price short term trend is Up. It suggests that EIMCOELECO Share Price for Tomorrow remains the same with VWAP at 2548.15 will be treated as stop loss for intraday traders. Eimco Elecon (India) Limited Long term investors can follow the EIMCOELECO long term trend as mentiond in future forecast table.

NSE Code

NSE: EIMCOELECO

EIMCOELECO Share Price Today

 2571.60

EIMCOELECO Share Price Target Prediction for 2024 ^

 2296.7 - 3516.3

EIMCOELECO Share Price Target Prediction for 2025*^

 3516.3 - 3746

EIMCOELECO Share Price Target Prediction for 2026*^

 3746 - 4008.2

EIMCOELECO Share Price Target Prediction for 2027*^

 4209

EIMCOELECO Share Price Target Prediction for 2028*^

 4329

EIMCOELECO Share Price Target Prediction for 2030*^

 4719
EIMCOELECO Current Book Value 2023
666.1

*Eimco Elecon (India) Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^EIMCOELECO share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

EIMCOELECO Technical Analysis

Candlestick Pattern: @2390.65

EIMCOELECO Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 2418.24 SELL 2424.41 SELL
MA_12 2541.99 SELL 2525.05 SELL
MA_20 2583.56 SELL 2589.14 SELL
MA_32 2746.99 SELL 2670.78 SELL
MA_50 2782.9 SELL 2711.59 SELL
MA_100 2861.76 SELL 2681.36 SELL
MA_200 2290.33 BUY 2349.66 BUY

EIMCOELECO Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 2583.56 Downtrend
MACD -22.03 SELL
ADX 22.53 NO or Weak Trend
DMI (+/-) 13.38 / 27.2 Downtrend

EIMCOELECO Momentum Oscillators

BUY (0) NEUTRAL (3) SELL (9)
Momentum Oscillators Value Action
RSI 33.95 Neutral
STOCHASTIC_K (Fast) 19.24 Oversold
STOCHASTIC_D (Slow) 11.04 Oversold
CCI -125.69 SELL
PSAR 2559.26 SELL
TRUE RANGE 101 SELL
ATR 128.47 SELL
WILLIAMS R -80.52 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 44.58 Neutral
STOCHASTIC RSI D 14.86 Oversold
MOMENTUM -842.75 SELL

EIMCOELECO Last 1 Year Trend

Duration Value
1 Year 57.34%
3 Months -19.59%
1 Month -26.06%
1 Week -8.02%

EIMCOELECO Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 13%
SELL 80%

Most popular Questions & Answers about EIMCOELECO


Eimco Elecon (India) Limited stock last traded price is 2571.60. EIMCOELECO share price moved Up by 8.21% from its previous close of Rs 2376.55.

Eimco Elecon (India) Limited share price trend is Up with a total of 14440 stocks traded till now. It has touched an intraday high of Rs 3533.99 and an intraday low of Rs 2348.05. The EIMCOELECO trading at 2571.60, Up by Rs. 195.05, or 8.21 percent which suggests that most of the Traders are anticipating that the price of EIMCOELECO share should go Up and the Stop Loss will be around 2548.15.

The market cap of Eimco Elecon (India) Limited is ₹198.4 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Eimco Elecon (India) Limited as of Nov 22, 2024 is 105.83.

The current price to book ratio for Eimco Elecon (India) Limited as of Nov 22, 2024 is 3.84.

The highest price of Eimco Elecon (India) Limited stock is ₹3499 in the last 52-week.

The lowest price of Eimco Elecon (India) Limited stock is ₹1268.5 in the last 52-week.

Eimco Elecon (India) Limited share trading at ₹2571.60, Up by Rs. 195.05, or 8.21 percent which suggests that most of the traders are anticipating that the price of EIMCOELECO share should go Up.

In 2023, Stock price target for Eimco Elecon (India) Limited (EIMCOELECO) are ₹2296.7 on downside and ₹3516.3 on upside. Eimco Elecon (India) Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Eimco Elecon (India) Limited (EIMCOELECO) are ₹3516.3 on downside and ₹3746 on upside. Eimco Elecon (India) Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Eimco Elecon (India) Limited (EIMCOELECO) are ₹3746 on downside and ₹4008.2 on upside. Eimco Elecon (India) Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Eimco Elecon (India) Limited (EIMCOELECO) will be around ₹4329 Eimco Elecon (India) Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of EIMCOELECO.

The price of Eimco Elecon (India) Limited (EIMCOELECO) shares moved by 8.21%. The short-term trend for EIMCOELECO share price is Up. It implies that the share price of EIMCOELECO will stay the same tomorrow and that intraday traders should treat VWAP at 2548.15 as a stop loss. Investors with a long-term outlook can track EIMCOELECO long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of EIMCOELECO stock is 1044.1. Compared to the current market price of 2571.60 INR, the EIMCOELECO stock is Overvalued by 59.4%.

As per the fundamental analysis of Eimco Elecon (India) Limited (EIMCOELECO), it is of Economical quality in terms of earnings and profit margins with an EPS of 87.08. Eimco Elecon (India) Limited book value per share as of today is 669.46. The current price to book ratio for EIMCOELECO as of Nov 23, 2024 is 3.84.


NSE:EIMCOELECO News & Other Useful Information about EIMCOELECO Share Price


Peer Comparison of NSE: EIMCOELECO

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Engineering - Heavy

Company Price EPS BV
PRAJIND 779.20 16.15 68.61
GMMPFAUDLR 1204.35 7.51 167.09
VARROC 506.65 28.36 59.59
ISGEC 1288.40 39.01 293.03
IRCON 187.56 9.03 61.37
GRSE 1375.30 33.59 146.09
ACE 1225.15 30.63 102.43
ELECON 560.95 12.72 60.05
KABRAEXTRU 468.85 10.21 128.78
TDPOWERSYS 450.05 8.72 44.89
Updated at: 22 Nov 2024 15:44

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