Elecon Engineering Company Limited
Share Price Target & Analysis

NSE:ELECON

534.25

VWAP

524.6

Open

521.1

Close

541

High

522

Low

704

52 Week High

532.85
11.75 (2.25%)

ELECON

(INDUSTRIAL MANUFACTURING)
51.4% Momentum

Turnaround Potential

352

52 Week Low

21.24

EPS

39.35

PE

6.01

PB

Economical
Quality

Gold
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 532.85, this results in a dividend yield of 0.26 %.

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 21.24. NSE:ELECON book value per share as of today is 88.61. The current price to book ratio for ELECON as of Jun 10, 2026 is 6.01.

Valuation of the Stock: The current valuation of ELECON 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 ELECON whether to BUY this stock at current valuation. The delivery percentage of ELECON is 42.91% is very crucial parameter which shows that 42.91% investors are anticipating that the price of ELECON share should go up with VWAP at 534.25.

Now, the main question is whether to BUY or SELL, NSE:ELECON at current valuation.
As per latest Analysis No. #5453:-

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 (Jun 10, 2026)

(Elecon Engineering Company Limited Daily Analysis on the basis of ELECON Intraday Graph & Trend)

Elecon Engineering Company Limited share price moved Up by 2.25% from its previous close of Rs 521.1. ELECON stock last traded price is 532.85. ELECON share price trend is Up with a total of 726820 stocks traded till now. It has touched an intraday high of Rs 541 and an intraday low of Rs 522. The ELECON trading at 532.85, Up by Rs. 11.75, or 2.25 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 2.25%. ELECON share price short term trend is Up. It suggests that ELECON Share Price for Tomorrow remains the same with VWAP at 534.25 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

532.85

ELECON Share Price Target Prediction for 2026 ^

508 - 707.5

ELECON Share Price Target Prediction for 2027*^

707.5 - 753.7

ELECON Share Price Target Prediction for 2028*^

753.7 - 806.5

ELECON Share Price Target Prediction for 2029*^

847

ELECON Share Price Target Prediction for 2030*^

871

ELECON Share Price Target Prediction for 2035*^

949
ELECON Current Book Value 2025
88.2

*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

ELECON Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
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

ELECON Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
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

ELECON Momentum Oscillators

BUY (2) NEUTRAL (5) SELL (5)
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

ELECON Last 1 Year Trend

Duration Value
1 Year -4.2%
3 Months 49.01%
1 Month -7.5%
1 Week -4.15%

ELECON Technical Analysis Summary

Updated on 2025-07-11
Action Overall (%)
BUY 20%
NEUTRAL / HOLD 20%
SELL 60%

Most popular Questions & Answers about ELECON


Elecon Engineering Company Limited stock last traded price is 532.85. ELECON share price moved Up by 2.25% from its previous close of Rs 521.1.

Elecon Engineering Company Limited share price trend is Up with a total of 726820 stocks traded till now. It has touched an intraday high of Rs 711.04 and an intraday low of Rs 522. The ELECON trading at 532.85, Up by Rs. 11.75, or 2.25 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 534.25.

The market cap of Elecon Engineering Company Limited is ₹1962.9 (in Cr) as of Jun 09, 2026.

The current price to earning ratio for Elecon Engineering Company Limited as of Jun 09, 2026 is 39.35.

The current price to book ratio for Elecon Engineering Company Limited as of Jun 09, 2026 is 6.01.

The highest price of Elecon Engineering Company Limited stock is ₹704 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 ₹532.85, Up by Rs. 11.75, or 2.25 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 ₹508 on downside and ₹707.5 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 ₹707.5 on downside and ₹753.7 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 ₹753.7 on downside and ₹806.5 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 ₹871 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 2.25%. 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 534.25 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 254.7. Compared to the current market price of 532.85 INR, the ELECON stock is Overvalued by 52.2%.

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 21.24. Elecon Engineering Company Limited book value per share as of today is 88.61. The current price to book ratio for ELECON as of Jun 10, 2026 is 6.01.


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 356.25 6.55 75.4
GMMPFAUDLR 771.75 13.19 182.97
VARROC 580.05 18.86 127.89
ISGEC 900.25 47.16 357.07
IRCON 136.29 6.58 69.64
GRSE 2672.60 65.29 215.32
ACE 894.15 35.72 158.81
ELECON 532.85 21.24 88.61
KABRAEXTRU 237.73 0 127.64
TDPOWERSYS 1231.00 13.85 62.74
Updated at: 09 Jun 2026 15:56

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