Elecon Engineering Company Limited
Share Price Target & Analysis
NSE:ELECON
VWAP
Open
Close
High
Low
52 Week High
5.80 (1.21%)
ELECON
(INDUSTRIAL MANUFACTURING)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Silver
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 Mid 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 1.4 per share. At the current share price of ELECON at Rs 485.85, this results in a dividend yield of 0.29 %.
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 Economical performer in terms of earnings and profit margins with an EPS of 22.51. NSE:ELECON book value per share as of today is 85.85. The current price to book ratio for ELECON as of Mar 06, 2026 is 5.66.
Valuation of the Stock: The current valuation of ELECON stock is like Silver which means currently the stock is at Premium. 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 20.95% is very crucial parameter which shows that 20.95% investors are anticipating that the price of ELECON share should go up with VWAP at 488.81.
Now, the main question is whether to BUY or SELL, NSE:ELECON at current valuation.
As per latest Analysis No. #5282:-
⇑ 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 (Mar 06, 2026)
(Elecon Engineering Company Limited Daily Analysis on the basis of ELECON Intraday Graph & Trend)
Elecon Engineering Company Limited share price moved Up by 1.21% from its previous close of Rs 480.05. ELECON stock last traded price is 485.85. ELECON share price trend is Up with a total of 216953 stocks traded till now. It has touched an intraday high of Rs 494 and an intraday low of Rs 480.05. The ELECON trading at 485.85, Up by Rs. 5.80, or 1.21 percent which suggests that most of the Traders are anticipating that the price of ELECON share should go Up.
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 Up by 1.21%. ELECON share price short term trend is Up. It suggests that ELECON Share Price for Tomorrow remains the same with VWAP at 488.81 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 |
485.85 |
ELECON Share Price Target Prediction for 2026 ^ |
379 - 572.5 |
ELECON Share Price Target Prediction for 2027*^ |
572.5 - 766.8 |
ELECON Share Price Target Prediction for 2028*^ |
766.8 - 820.5 |
ELECON Share Price Target Prediction for 2029*^ |
862 |
ELECON Share Price Target Prediction for 2030*^ |
886 |
ELECON Share Price Target Prediction for 2035*^ |
966 |
| ELECON Current Book Value 2025 |
85.4 |
*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 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
ELECON Technical Analysis
Candlestick Pattern: @619.3| MA | Simple | Action S1 | Expo | Action E2 |
|---|---|---|---|---|
| MA_5 | 643.04 | SELL | 639.1 | SELL |
| MA_12 | 643.21 | SELL | 643.73 | SELL |
| MA_20 | 642.45 | SELL | 646.01 | SELL |
| MA_32 | 659.91 | SELL | 642.44 | SELL |
| MA_50 | 656.35 | SELL | 630.53 | SELL |
| MA_100 | 567.85 | BUY | 605.22 | BUY |
| MA_200 | 578.05 | BUY | 579.55 | BUY |
| Trend Oscillators | Value | Action |
|---|---|---|
| Bollinger Bands | 642.45 | Downtrend |
| MACD | -1.79 | SELL |
| ADX | 18.18 | NO or Weak Trend |
| DMI (+/-) | 16.24 / 16.63 | Downtrend |
| Momentum Oscillators | Value | Action |
|---|---|---|
| RSI | 41.61 | Neutral |
| STOCHASTIC_K (Fast) | 17.51 | Oversold |
| STOCHASTIC_D (Slow) | 47.06 | Neutral |
| CCI | -68.46 | Neutral |
| PSAR | 683 | SELL |
| TRUE RANGE | 68.1 | BUY |
| ATR | 27.61 | BUY |
| WILLIAMS R | -93.54 | Oversold |
| TRIX | 0 | Neutral |
| STOCHASTIC RSI K | 0 | Oversold |
| STOCHASTIC RSI D | 46.67 | Neutral |
| MOMENTUM | -50.2 | SELL |
| Duration | Value |
|---|---|
| 1 Year | -4.2% |
| 3 Months | 49.01% |
| 1 Month | -7.5% |
| 1 Week | -4.15% |
| Action | Overall (%) |
|---|---|
| BUY | 20% |
| NEUTRAL / HOLD | 20% |
| SELL | 60% |
Most popular Questions & Answers about ELECON
Elecon Engineering Company Limited stock last traded price is 485.85. ELECON share price moved Up by 1.21% from its previous close of Rs 480.05.
Elecon Engineering Company Limited share price trend is Up with a total of 216953 stocks traded till now. It has touched an intraday high of Rs 723.4125 and an intraday low of Rs 480.05. The ELECON trading at 485.85, Up by Rs. 5.80, or 1.21 percent which suggests that most of the Traders are anticipating that the price of ELECON share should go Up and the Stop Loss will be around 488.81.
The market cap of Elecon Engineering Company Limited is ₹1962.9 (in Cr) as of Mar 05, 2026.
The current price to earning ratio for Elecon Engineering Company Limited as of Mar 05, 2026 is 48.49.
The current price to book ratio for Elecon Engineering Company Limited as of Mar 05, 2026 is 5.66.
The highest price of Elecon Engineering Company Limited stock is ₹716.25 in the last 52-week.
The lowest price of Elecon Engineering Company Limited stock is ₹361.5 in the last 52-week.
Elecon Engineering Company Limited share trading at ₹485.85, Up by Rs. 5.80, or 1.21 percent which suggests that most of the traders are anticipating that the price of ELECON share should go Up.
In 2025, Stock price target for Elecon Engineering Company Limited (ELECON) are ₹379 on downside and ₹572.5 on upside. Elecon Engineering Company Limited share price target is based on current financial year earings of the company.
In 2026, Stock price target for Elecon Engineering Company Limited (ELECON) are ₹572.5 on downside and ₹766.8 on upside. Elecon Engineering Company Limited share price target is based on forecasted future earnings of the company.
In 2027, Stock price target for Elecon Engineering Company Limited (ELECON) are ₹766.8 on downside and ₹820.5 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 ₹886 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 1.21%. The short-term trend for ELECON share price is Up. It implies that the share price of ELECON will stay the same tomorrow and that intraday traders should treat VWAP at 488.81 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 269.9. Compared to the current market price of 485.85 INR, the ELECON stock is Overvalued by 44.4%.
As per the fundamental analysis of Elecon Engineering Company Limited (ELECON), it is of Economical quality in terms of earnings and profit margins with an EPS of 22.51. Elecon Engineering Company Limited book value per share as of today is 85.85. The current price to book ratio for ELECON as of Mar 06, 2026 is 5.66.
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 | 313.55 | 9.59 | 74.5 |
| GMMPFAUDLR | 961.05 | 12.91 | 181.65 |
| VARROC | 563.25 | 19.11 | 125.78 |
| ISGEC | 932.00 | 39.82 | 346.84 |
| IRCON | 161.66 | 7.38 | 68.67 |
| GRSE | 2569.40 | 60.15 | 200.42 |
| ACE | 930.45 | 36.53 | 149.08 |
| ELECON | 485.85 | 22.51 | 85.85 |
| KABRAEXTRU | 251.08 | 0.48 | 128.91 |
| TDPOWERSYS | 821.40 | 12.65 | 59.22 |