Elgi Equipments Ltd.
Share Price Target & Analysis

NSE:ELGIEQUIP

530.95

VWAP

524.1

Open

526.1

Close

541.95

High

519.95

Low

653.4

52 Week High

534.00 ⇧
7.90 (1.5%)

ELGIEQUIP

(INDUSTRIAL MANUFACTURING)
51.3% Momentum

Turnaround Potential

408.25

52 Week Low

12.25

EPS

47.76

PE

8.15

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: ELGIEQUIP Share Price Financial Analysis & Valuation

Elgi Equipments Ltd. (ELGIEQUIP) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Compressors vertical. It is one of Mid Cap company with Market Capitalization of Rs 10097.6 (in Cr). Total number of free float shares are 15.8 (in Lacs). Elgi Equipments Ltd. is listed on NSE with Exchange ID - INE285A01027 and trading code is NSE:ELGIEQUIP with short name Elgi Equipments.

In the past 1 year, Elgi Equipments Ltd. has declared an equity dividend of Rs 0.51 per share. At the current share price of ELGIEQUIP at Rs 534.00, this results in a dividend yield of 0.1 %.

As per the Fundamental Analysis of NSE:ELGIEQUIP, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ELGIEQUIP underlying value and future prospects. All of this data is available in ELGIEQUIP financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:ELGIEQUIP, it is clearly understood that ELGIEQUIP is Economical performer in terms of earnings and profit margins with an EPS of 12.25. NSE:ELGIEQUIP book value per share as of today is 65.55. The current price to book ratio for ELGIEQUIP as of Oct 22, 2026 is 8.15.

Valuation of the Stock: The current valuation of ELGIEQUIP 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 ELGIEQUIP whether to BUY this stock at current valuation. The delivery percentage of ELGIEQUIP is 161097% is very crucial parameter which shows that 161097% investors are anticipating that the price of ELGIEQUIP share should go up with VWAP at 530.95.

Now, the main question is whether to BUY or SELL, NSE:ELGIEQUIP at current valuation.
As per latest Analysis No. #3036:-

⇑ STRONG BUY ELGIEQUIP if All Greens

⇗ BUY ELGIEQUIP (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD ELGIEQUIP (With Stop Loss) if only 1 Green

⇘ SELL ELGIEQUIP if NO Green Indicator

NSE: ELGIEQUIP Share Price Today (Oct 22, 2026)

(Elgi Equipments Ltd. Daily Analysis on the basis of ELGIEQUIP Intraday Graph & Trend)

Elgi Equipments Ltd. share price moved Up by 1.5% from its previous close of Rs 526.1. ELGIEQUIP stock last traded price is 534.00. ELGIEQUIP share price trend is Up with a total of 230014 stocks traded till now. It has touched an intraday high of Rs 541.95 and an intraday low of Rs 519.95. The ELGIEQUIP trading at 534.00, Up by Rs. 7.90, or 1.5 percent which suggests that most of the Traders are anticipating that the price of ELGIEQUIP share should go Up.

NSE: ELGIEQUIP Share Price Tomorrow Prediction

(Elgi Equipments Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ELGIEQUIP)

Elgi Equipments Ltd. share price moved Up by 1.5%. ELGIEQUIP share price short term trend is Up. It suggests that ELGIEQUIP Share Price for Tomorrow remains the same with VWAP at 530.95 will be treated as stop loss for intraday traders. Elgi Equipments Ltd. Long term investors can follow the ELGIEQUIP long term trend as mentiond in future forecast table.

NSE Code

NSE: ELGIEQUIP

ELGIEQUIP Share Price Today

 534.00

ELGIEQUIP Share Price Target Prediction for 2026 ^

 510.2 - 656.6

ELGIEQUIP Share Price Target Prediction for 2027*^

 656.6 - 699.5

ELGIEQUIP Share Price Target Prediction for 2028*^

 699.5 - 748.5

ELGIEQUIP Share Price Target Prediction for 2029*^

 786

ELGIEQUIP Share Price Target Prediction for 2030*^

 808

ELGIEQUIP Share Price Target Prediction for 2035*^

 881
ELGIEQUIP Current Book Value
65.2

*Elgi Equipments Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^ELGIEQUIP 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.

ELGIEQUIP Technical Analysis

Candlestick Pattern: @618.85

ELGIEQUIP Moving Averages

BUY (8) NEUTRAL (0) SELL (6)
MA Simple Action S1 Expo Action E2
MA_5 634.38 SELL 630.02 SELL
MA_12 624.83 SELL 625.68 SELL
MA_20 622.59 SELL 620.34 SELL
MA_32 604.73 BUY 611.79 BUY
MA_50 597.95 BUY 604.11 BUY
MA_100 590.31 BUY 587.33 BUY
MA_200 535.42 BUY 558.2 BUY

ELGIEQUIP Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 622.59 Downtrend
MACD -0.17 SELL
ADX 21.52 NO or Weak Trend
DMI (+/-) 21.2 / 18.78 Uptrend

ELGIEQUIP Momentum Oscillators

BUY (4) NEUTRAL (7) SELL (1)
Momentum Oscillators Value Action
RSI 51.2 Neutral
STOCHASTIC_K (Fast) 21.08 Neutral
STOCHASTIC_D (Slow) 54.68 Neutral
CCI 12.97 Neutral
PSAR 605.15 BUY
TRUE RANGE 28.4 BUY
ATR 18.35 BUY
WILLIAMS R -60.19 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 58.28 Neutral
MOMENTUM 45 BUY

ELGIEQUIP Last 1 Year Trend

Duration Value
1 Year 27.4%
3 Months 2.34%
1 Month 7.84%
1 Week 0.34%

ELGIEQUIP Technical Analysis Summary

Updated on 2026-09-09
Action Overall (%)
BUY 43%
NEUTRAL / HOLD 27%
SELL 30%

(powered by Zerodha)

Most popular Questions & Answers about ELGIEQUIP

Elgi Equipments Ltd. Frequently Asked Questions (FAQs)

Elgi Equipments Ltd. stock last traded price is 534.00. ELGIEQUIP share price moved Up by 1.5% from its previous close of Rs 526.1.

Elgi Equipments Ltd. share price trend is Up with a total of 230014 stocks traded till now. It has touched an intraday high of Rs 659.934 and an intraday low of Rs 519.95. The ELGIEQUIP trading at 534.00, Up by Rs. 7.90, or 1.5 percent which suggests that most of the Traders are anticipating that the price of ELGIEQUIP share should go Up and the Stop Loss will be around 530.95.

The market cap of Elgi Equipments Ltd. is ₹10097.6 (in Cr) as of Oct 21, 2026.

The current price to earning ratio for Elgi Equipments Ltd. as of Oct 21, 2026 is 47.76.

The current price to book ratio for Elgi Equipments Ltd. as of Oct 21, 2026 is 8.15.

The highest price of Elgi Equipments Ltd. stock is ₹653.4 in the last 52-week.

The lowest price of Elgi Equipments Ltd. stock is ₹408.25 in the last 52-week.

Elgi Equipments Ltd. share trading at ₹534.00, Up by Rs. 7.90, or 1.5 percent which suggests that most of the traders are anticipating that the price of ELGIEQUIP share should go Up.

In 2026, Stock price target for Elgi Equipments Ltd. (ELGIEQUIP) will be around ₹510.2 on downside and ₹656.6 on upside. Elgi Equipments Ltd. share price target is based on current financial year earings of the company.

In 2027, Stock price target for Elgi Equipments Ltd. (ELGIEQUIP) will be around ₹656.6 on downside and ₹699.5 on upside. Elgi Equipments Ltd. share price target is based on forecasted future earnings of the company.

In 2028, Stock price target for Elgi Equipments Ltd. (ELGIEQUIP) will be around ₹699.5 on downside and ₹748.5 on upside. Elgi Equipments Ltd. 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 Elgi Equipments Ltd. (ELGIEQUIP) will be around ₹808 Elgi Equipments Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ELGIEQUIP.

The price of Elgi Equipments Ltd. (ELGIEQUIP) shares moved by 1.5%. The short-term trend for ELGIEQUIP share price is Up. It implies that the share price of ELGIEQUIP will stay the same tomorrow and that intraday traders should treat VWAP at 530.95 as a stop loss. Investors with a long-term outlook can track ELGIEQUIP long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of ELGIEQUIP stock is 146.9. Compared to the current market price of 534.00 INR, the ELGIEQUIP stock is Overvalued by 72.5%.

As per the fundamental analysis of Elgi Equipments Ltd. (ELGIEQUIP), it is of Economical quality in terms of earnings and profit margins with an EPS of 12.25. Elgi Equipments Ltd. book value per share as of today is 65.55. The current price to book ratio for ELGIEQUIP as of Oct 22, 2026 is 8.15.


NSE:ELGIEQUIP News & Other Useful Information about ELGIEQUIP Share Price


Peer Comparison of NSE: ELGIEQUIP

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Compressors

Company Price EPS BV
ELGIEQUIP 534.00 12.25 65.55
INGERRAND 3819.60 85.89 217.37
REVATHI 288.00 24.93 232.46
HILINFRA 44.68 56.26 550.94
Updated at: 2026-10-22 15:31:29

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