Eimco Elecon (India) Limited
Share Price Target & Analysis
NSE:EIMCOELECO
VWAP
Open
Close
High
Low
52 Week High
-13.45 (-0.67%)
EIMCOELECO
(INDUSTRIAL MANUFACTURING)Trending & Favourite
52 Week Low
EPS
PE
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 1999.75, 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 16, 2024 is 2.99.
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 2026.79.
Now, the main question is whether to BUY or SELL, NSE:EIMCOELECO at current valuation.
As per latest Analysis No. #355:-
⇑ 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 16, 2024)
(Eimco Elecon (India) Limited Daily Analysis on the basis of EIMCOELECO Intraday Graph & Trend)
Eimco Elecon (India) Limited share price moved Down by -0.67% from its previous close of Rs 2013.2. EIMCOELECO stock last traded price is 1999.75. EIMCOELECO share price trend is Down with a total of 8075 stocks traded till now. It has touched an intraday high of Rs 2100.00 and an intraday low of Rs 1990.00. The EIMCOELECO trading at 1999.75, Down by Rs. -13.45, or -0.67 percent which suggests that most of the Traders are anticipating that the price of EIMCOELECO share should go Down.
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 Down by -0.67%. EIMCOELECO share price short term trend is Down. It suggests that EIMCOELECO Share Price for Tomorrow remains the same with VWAP at 2026.79 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 |
1999.75 |
EIMCOELECO Share Price Target Prediction for 2024 ^ |
1428.4 - 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: @1999.75MA | 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 |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 2066.87 | Downtrend |
MACD | -40.11 | SELL |
ADX | 26.59 | Strong Trend |
DMI (+/-) | 23.26 / 21.66 | Uptrend |
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 |
Duration | Value |
---|---|
1 Year | 439.16% |
3 Months | 32.01% |
1 Month | 11.79% |
1 Week | -3.84% |
Action | Overall (%) |
---|---|
BUY | 43% |
NEUTRAL / HOLD | 30% |
SELL | 27% |
Most popular Questions & Answers about EIMCOELECO
Eimco Elecon (India) Limited stock last traded price is 1999.75. EIMCOELECO share price moved Down by -0.67% from its previous close of Rs 2013.2.
Eimco Elecon (India) Limited share price trend is Down with a total of 8075 stocks traded till now. It has touched an intraday high of Rs 2454.3 and an intraday low of Rs 1990.00. The EIMCOELECO trading at 1999.75, Down by Rs. -13.45, or -0.67 percent which suggests that most of the Traders are anticipating that the price of EIMCOELECO share should go Down and the Stop Loss will be around 2026.79.
The market cap of Eimco Elecon (India) Limited is ₹198.4 (in Cr) as of May 15, 2024.
The current price to earning ratio for Eimco Elecon (India) Limited as of May 15, 2024 is 60.32.
The current price to book ratio for Eimco Elecon (India) Limited as of May 15, 2024 is 2.99.
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 ₹530.00 in the last 52-week.
Eimco Elecon (India) Limited share trading at ₹1999.75, Down by Rs. -13.45, or -0.67 percent which suggests that most of the traders are anticipating that the price of EIMCOELECO share should go Down.
In 2023, Stock price target for Eimco Elecon (India) Limited (EIMCOELECO) are ₹1428.4 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 16, 2024 is 2.99.
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 | 522.95 | 15.35 | 58 |
GMMPFAUDLR | 1382.55 | 17.29 | 156.74 |
VARROC | 547.05 | 17.35 | 36.28 |
ISGEC | 1009.60 | 30.33 | 264.62 |
IRCON | 242.75 | 8.78 | 49.13 |
GRSE | 979.45 | 26.27 | 123.42 |
ACE | 1392.80 | 23.64 | 76.35 |
ELECON | 1097.75 | 27.02 | 120.1 |
KABRAEXTRU | 378.60 | 9.06 | 110.03 |
TDPOWERSYS | 329.40 | 7.63 | 38.03 |