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Eimco Elecon (India) Limited
Share Price Target & Analysis

NSE:EIMCOELECO

1995.68

VWAP

2065.00

Open

1977.85

Close

2065.00

High

1960.00

Low

2430.00

52 Week High

1995.40 ⇧
16.95 (0.86%)

EIMCOELECO

(INDUSTRIAL MANUFACTURING)
76.6% Momentum

Trending & Favourite

570.00

52 Week Low

70.06

EPS

61.65

PE

2.98

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 1995.40, this results in a dividend yield of 0.13 %.

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 70.06. NSE:EIMCOELECO book value per share as of today is 669.46. The current price to book ratio for EIMCOELECO as of May 18, 2024 is 2.98.

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 95.20% is very crucial parameter which shows that 95.20% investors are anticipating that the price of EIMCOELECO share should go up with VWAP at 1995.68.

Now, the main question is whether to BUY or SELL, NSE:EIMCOELECO at current valuation.
As per latest Analysis No. #356:-

⇑ 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 (May 18, 2024)

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

Eimco Elecon (India) Limited share price moved Up by 0.86% from its previous close of Rs 1977.85. EIMCOELECO stock last traded price is 1995.40. EIMCOELECO share price trend is Up with a total of 1132 stocks traded till now. It has touched an intraday high of Rs 2065.00 and an intraday low of Rs 1960.00. The EIMCOELECO trading at 1995.40, Up by Rs. 16.95, or 0.86 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 0.86%. EIMCOELECO share price short term trend is Up. It suggests that EIMCOELECO Share Price for Tomorrow remains the same with VWAP at 1995.68 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

 1995.40

EIMCOELECO Share Price Target Prediction for 2024 ^

 1447.4 - 2442

EIMCOELECO Share Price Target Prediction for 2025*^

 2442 - 2601.6

EIMCOELECO Share Price Target Prediction for 2026*^

 2601.6 - 2783.7

EIMCOELECO Share Price Target Prediction for 2027*^

 2923

EIMCOELECO Share Price Target Prediction for 2028*^

 3006

EIMCOELECO Share Price Target Prediction for 2030*^

 3277
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: @1999.75

EIMCOELECO Moving Averages

BUY (9) NEUTRAL (0) SELL (5)
MA Simple Action S1 Expo Action E2
MA_5 1973.21 BUY 2003.64 SELL
MA_12 2105.12 SELL 2029.82 SELL
MA_20 2066.87 SELL 2003.18 SELL
MA_32 1910.37 BUY 1919.11 BUY
MA_50 1751.76 BUY 1839.02 BUY
MA_100 1642.09 BUY 1705.73 BUY
MA_200 1393.96 BUY 1420.64 BUY

EIMCOELECO Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 2066.87 Downtrend
MACD -40.11 SELL
ADX 26.59 Strong Trend
DMI (+/-) 23.26 / 21.66 Uptrend

EIMCOELECO Momentum Oscillators

BUY (2) NEUTRAL (9) SELL (1)
Momentum Oscillators Value Action
RSI 52.71 Neutral
STOCHASTIC_K (Fast) 59.91 Neutral
STOCHASTIC_D (Slow) 49.29 Neutral
CCI -57.28 Neutral
PSAR 2277.09 SELL
TRUE RANGE 110 Neutral
ATR 123.57 Neutral
WILLIAMS R -71.83 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 87.25 Overbought
STOCHASTIC RSI D 62.47 Neutral
MOMENTUM 210.85 BUY

EIMCOELECO Last 1 Year Trend

Duration Value
1 Year 439.16%
3 Months 32.01%
1 Month 11.79%
1 Week -3.84%

EIMCOELECO Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 43%
NEUTRAL / HOLD 30%
SELL 27%

Most popular Questions & Answers about EIMCOELECO


Eimco Elecon (India) Limited stock last traded price is 1995.40. EIMCOELECO share price moved Up by 0.86% from its previous close of Rs 1977.85.

Eimco Elecon (India) Limited share price trend is Up with a total of 1132 stocks traded till now. It has touched an intraday high of Rs 2454.3 and an intraday low of Rs 1960.00. The EIMCOELECO trading at 1995.40, Up by Rs. 16.95, or 0.86 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 1995.68.

The market cap of Eimco Elecon (India) Limited is ₹198.4 (in Cr) as of May 17, 2024.

The current price to earning ratio for Eimco Elecon (India) Limited as of May 17, 2024 is 61.65.

The current price to book ratio for Eimco Elecon (India) Limited as of May 17, 2024 is 2.98.

The highest price of Eimco Elecon (India) Limited stock is ₹2430.00 in the last 52-week.

The lowest price of Eimco Elecon (India) Limited stock is ₹570.00 in the last 52-week.

Eimco Elecon (India) Limited share trading at ₹1995.40, Up by Rs. 16.95, or 0.86 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 ₹1447.4 on downside and ₹2442 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 ₹2442 on downside and ₹2601.6 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 ₹2601.6 on downside and ₹2783.7 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 ₹3006 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.

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 70.06. Eimco Elecon (India) Limited book value per share as of today is 669.46. The current price to book ratio for EIMCOELECO as of May 18, 2024 is 2.98.


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 528.20 15.35 58
GMMPFAUDLR 1404.70 17.29 156.74
VARROC 568.45 17.35 36.28
ISGEC 1114.05 30.33 264.62
IRCON 273.55 8.78 55.06
GRSE 1129.75 26.27 123.42
ACE 1452.15 23.64 76.35
ELECON 1146.05 27.02 120.1
KABRAEXTRU 385.90 9.06 110.03
TDPOWERSYS 329.90 7.63 167.51
Updated at: 17 May 2024 15:41

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