Elecon Engineering Company Limited
Share Price Target & Analysis
NSE:ELECON
VWAP
Open
Close
High
Low
52 Week High
-12.75 (-2.97%)
ELECON
(INDUSTRIAL MANUFACTURING)Turnaround Potential
52 Week Low
EPS
PE
PB
Standard
Quality
Bronze
Valuation
#Analysis
NSE: ELECON Share Price Financial Analysis & Valuation
Elecon Engineering Company Limited (ELECON) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Engineering - Heavy vertical.
It is one of Small Cap company with Market Capitalization of Rs 1962.9 (in Cr). Total number of free float shares are 11.2 (in Lacs).
Elecon Engineering Company Limited is listed on NSE with Exchange ID - INE205B01031 and trading code is NSE:ELECON with short name Elecon Eng.
In the past 1 year, Elecon Engineering Company Limited has declared an equity dividend of Rs 0.48 per share. At the current share price of ELECON at Rs 416.20, this results in a dividend yield of 0.12 %.
As per the Fundamental Analysis of NSE:ELECON, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ELECON underlying value and future prospects. All of this data is available in ELECON financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:ELECON, it is clearly understood that ELECON is Standard performer in terms of earnings and profit margins with an EPS of 25.31. NSE:ELECON book value per share as of today is 93.91. The current price to book ratio for ELECON as of Oct 23, 2026 is 4.43.
Valuation of the Stock: The current valuation of ELECON stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ELECON whether to BUY this stock at current valuation. The delivery percentage of ELECON is 170266% is very crucial parameter which shows that 170266% investors are anticipating that the price of ELECON share should go up with VWAP at 416.6.
Now, the main question is whether to BUY or SELL, NSE:ELECON at current valuation.
As per latest Analysis No. #5810:-
⇑ STRONG BUY ELECON if All Greens
⇗ BUY ELECON (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD ELECON (With Stop Loss) if only 1 Green
⇘ SELL ELECON if NO Green Indicator
NSE: ELECON Share Price Today (Oct 23, 2026)
(Elecon Engineering Company Limited Daily Analysis on the basis of ELECON Intraday Graph & Trend)
Elecon Engineering Company Limited share price moved Down by -2.97% from its previous close of Rs 428.95. ELECON stock last traded price is 416.20. ELECON share price trend is Down with a total of 1196180 stocks traded till now. It has touched an intraday high of Rs 432 and an intraday low of Rs 401.2. The ELECON trading at 416.20, Down by Rs. -12.75, or -2.97 percent which suggests that most of the Traders are anticipating that the price of ELECON share should go Down.
NSE: ELECON Share Price Tomorrow Prediction
(Elecon Engineering Company Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ELECON)
Elecon Engineering Company Limited share price moved Down by -2.97%. ELECON share price short term trend is Down. It suggests that ELECON Share Price for Tomorrow remains the same with VWAP at 416.6 will be treated as stop loss for intraday traders. Elecon Engineering Company Limited Long term investors can follow the ELECON long term trend as mentiond in future forecast table.
NSE Code |
NSE: ELECON |
ELECON Share Price Today |
416.20 |
ELECON Share Price Target Prediction for 2026 ^ |
369 - 494.2 |
ELECON Share Price Target Prediction for 2027*^ |
494.2 - 619.9 |
ELECON Share Price Target Prediction for 2028*^ |
619.9 - 663.3 |
ELECON Share Price Target Prediction for 2029*^ |
696 |
ELECON Share Price Target Prediction for 2030*^ |
716 |
ELECON Share Price Target Prediction for 2035*^ |
781 |
| ELECON Current Book Value |
93.4 |
*Elecon Engineering Company Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^ELECON share price target prediction for 2026 2027 2028 2029 2030 to 2035 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
ELECON Technical Analysis
Candlestick Pattern: @419.4| MA | Simple | Action S1 | Expo | Action E2 |
|---|---|---|---|---|
| MA_5 | 427.39 | SELL | 423.24 | SELL |
| MA_12 | 424.33 | SELL | 426.01 | SELL |
| MA_20 | 429.81 | SELL | 429.17 | SELL |
| MA_32 | 429.81 | SELL | 437.65 | SELL |
| MA_50 | 448.17 | SELL | 446.51 | SELL |
| MA_100 | 482.15 | SELL | 458.17 | SELL |
| MA_200 | 459.69 | SELL | 476.27 | SELL |
| Trend Oscillators | Value | Action |
|---|---|---|
| Bollinger Bands | 429.81 | Downtrend |
| MACD | 0.95 | BUY |
| ADX | 17.63 | NO or Weak Trend |
| DMI (+/-) | 22.91 / 22.78 | Uptrend |
| Momentum Oscillators | Value | Action |
|---|---|---|
| RSI | 42.03 | Neutral |
| STOCHASTIC_K (Fast) | 12.77 | Oversold |
| STOCHASTIC_D (Slow) | 31.27 | Neutral |
| CCI | -52.79 | Neutral |
| PSAR | 409.19 | BUY |
| TRUE RANGE | 10.55 | Neutral |
| ATR | 14.67 | Neutral |
| WILLIAMS R | -75.14 | Neutral |
| TRIX | 0 | Neutral |
| STOCHASTIC RSI K | 0 | Oversold |
| STOCHASTIC RSI D | 35.02 | Neutral |
| MOMENTUM | -17 | SELL |
| Duration | Value |
|---|---|
| 1 Year | -24.2% |
| 3 Months | -21.29% |
| 1 Month | -3.9% |
| 1 Week | 0.67% |
| Action | Overall (%) |
|---|---|
| BUY | 10% |
| NEUTRAL / HOLD | 30% |
| SELL | 60% |
(powered by Zerodha)
Most popular Questions & Answers about ELECON
Elecon Engineering Company Limited Frequently Asked Questions (FAQs)Elecon Engineering Company Limited stock last traded price is 416.20. ELECON share price moved Down by -2.97% from its previous close of Rs 428.95.
Elecon Engineering Company Limited share price trend is Down with a total of 1196180 stocks traded till now. It has touched an intraday high of Rs 584.79 and an intraday low of Rs 401.2. The ELECON trading at 416.20, Down by Rs. -12.75, or -2.97 percent which suggests that most of the Traders are anticipating that the price of ELECON share should go Down and the Stop Loss will be around 416.6.
The market cap of Elecon Engineering Company Limited is ₹1962.9 (in Cr) as of Oct 22, 2026.
The current price to earning ratio for Elecon Engineering Company Limited as of Oct 22, 2026 is 31.97.
The current price to book ratio for Elecon Engineering Company Limited as of Oct 22, 2026 is 4.43.
The highest price of Elecon Engineering Company Limited stock is ₹579 in the last 52-week.
The lowest price of Elecon Engineering Company Limited stock is ₹352 in the last 52-week.
Elecon Engineering Company Limited share trading at ₹416.20, Down by Rs. -12.75, or -2.97 percent which suggests that most of the traders are anticipating that the price of ELECON share should go Down.
In 2026, Stock price target for Elecon Engineering Company Limited (ELECON) will be around ₹369 on downside and ₹494.2 on upside. Elecon Engineering Company Limited share price target is based on current financial year earings of the company.
In 2027, Stock price target for Elecon Engineering Company Limited (ELECON) will be around ₹494.2 on downside and ₹619.9 on upside. Elecon Engineering Company Limited share price target is based on forecasted future earnings of the company.
In 2028, Stock price target for Elecon Engineering Company Limited (ELECON) will be around ₹619.9 on downside and ₹663.3 on upside. Elecon Engineering Company 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 Elecon Engineering Company Limited (ELECON) will be around ₹716 Elecon Engineering Company Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ELECON.
The price of Elecon Engineering Company Limited (ELECON) shares moved by -2.97%. The short-term trend for ELECON share price is Down. It implies that the share price of ELECON will stay the same tomorrow and that intraday traders should treat VWAP at 416.6 as a stop loss. Investors with a long-term outlook can track ELECON long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of ELECON stock is 303.5. Compared to the current market price of 416.20 INR, the ELECON stock is Overvalued by 27.1%.
As per the fundamental analysis of Elecon Engineering Company Limited (ELECON), it is of Standard quality in terms of earnings and profit margins with an EPS of 25.31. Elecon Engineering Company Limited book value per share as of today is 93.91. The current price to book ratio for ELECON as of Oct 23, 2026 is 4.43.
NSE:ELECON News & Other Useful Information about ELECON Share Price
Peer Comparison of NSE: ELECON
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Engineering - Heavy
| Company | Price | EPS | BV |
|---|---|---|---|
| PRAJIND | 251.20 | 9.51 | 79.33 |
| GMMPFAUDLR | 1211.00 | 19.92 | 187.51 |
| VARROC | 764.25 | 35.95 | 141.64 |
| ISGEC | 869.95 | 57.21 | 384.29 |
| IRCON | 97.62 | 7.1 | 72.24 |
| GRSE | 1861.00 | 69.56 | 244.34 |
| ACE | 1000.10 | 38.6 | 178.01 |
| ELECON | 416.20 | 25.31 | 93.91 |
| KABRAEXTRU | 678.85 | 7.77 | 127.58 |
| TDPOWERSYS | 639.55 | 15.28 | 34.72 |
| WINDMACHIN | 281.75 | 1.92 | 47.37 |
| AAKASH | 7.79 | 1.31 | 6.36 |
| GUJAPOLLO | 340.75 | 3.44 | 205.39 |
| WALCHANNAG | 187.47 | -0.54 | 53.01 |
| EIMCOELECO | 2185.20 | 82.31 | 837.12 |
| TRF | 197.86 | 4.57 | 78.16 |