Elgi Equipments Ltd.
Share Price Target & Analysis
NSE:ELGIEQUIP
VWAP
Open
Close
High
Low
52 Week High
-1.50 (-0.24%)
ELGIEQUIP
(INDUSTRIAL MANUFACTURING)Sideways to Positive
52 Week Low
EPS
PE
PB
Economical
Quality
Diamond
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 2 per share. At the current share price of ELGIEQUIP at Rs 620.10, this results in a dividend yield of 0.32 %.
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 9.79. NSE:ELGIEQUIP book value per share as of today is 38.50. The current price to book ratio for ELGIEQUIP as of May 15, 2024 is 16.11.
Valuation of the Stock: The current valuation of ELGIEQUIP stock is like Diamond which means currently the stock is Very Expensive. 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 15.52% is very crucial parameter which shows that 15.52% investors are anticipating that the price of ELGIEQUIP share should go up with VWAP at 622.94.
Now, the main question is whether to BUY or SELL, NSE:ELGIEQUIP at current valuation.
As per latest Analysis No. #1542:-
⇑ 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 (May 15, 2024)
(Elgi Equipments Ltd. Daily Analysis on the basis of ELGIEQUIP Intraday Graph & Trend)
Elgi Equipments Ltd. share price moved Down by -0.24% from its previous close of Rs 621.6. ELGIEQUIP stock last traded price is 620.10. ELGIEQUIP share price trend is Down with a total of 63005 stocks traded till now. It has touched an intraday high of Rs 628.60 and an intraday low of Rs 619.00. The ELGIEQUIP trading at 620.10, Down by Rs. -1.50, or -0.24 percent which suggests that most of the Traders are anticipating that the price of ELGIEQUIP share should go Down.
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 Down by -0.24%. ELGIEQUIP share price short term trend is Down. It suggests that ELGIEQUIP Share Price for Tomorrow remains the same with VWAP at 622.94 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 |
620.10 |
ELGIEQUIP Share Price Target Prediction for 2024 ^ |
550.2 - 717.7 |
ELGIEQUIP Share Price Target Prediction for 2025*^ |
717.7 - 764.6 |
ELGIEQUIP Share Price Target Prediction for 2026*^ |
764.6 - 818.1 |
ELGIEQUIP Share Price Target Prediction for 2027*^ |
859 |
ELGIEQUIP Share Price Target Prediction for 2028*^ |
884 |
ELGIEQUIP Share Price Target Prediction for 2030*^ |
963 |
ELGIEQUIP Current Book Value 2023 |
38.3 |
*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 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
ELGIEQUIP Technical Analysis
Candlestick Pattern: @620.1MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 625.4 | SELL | 626.85 | SELL |
MA_12 | 642.24 | SELL | 633.48 | SELL |
MA_20 | 635.35 | SELL | 633.69 | SELL |
MA_32 | 625.91 | SELL | 631.93 | SELL |
MA_50 | 634.8 | SELL | 627.82 | SELL |
MA_100 | 618.25 | BUY | 612.63 | BUY |
MA_200 | 558.04 | BUY | 573.71 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 635.35 | Downtrend |
MACD | -3.3 | SELL |
ADX | 13.41 | NO or Weak Trend |
DMI (+/-) | 16.62 / 16.37 | Uptrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 44.16 | Neutral |
STOCHASTIC_K (Fast) | 8.46 | Oversold |
STOCHASTIC_D (Slow) | 13.04 | Oversold |
CCI | -101.11 | SELL |
PSAR | 669.59 | SELL |
TRUE RANGE | 9.6 | Neutral |
ATR | 21.85 | Neutral |
WILLIAMS R | -78.98 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 0 | Oversold |
MOMENTUM | -20.35 | SELL |
Duration | Value |
---|---|
1 Year | 39.35% |
3 Months | -4.48% |
1 Month | -3.18% |
1 Week | -3.85% |
Action | Overall (%) |
---|---|
BUY | 17% |
NEUTRAL / HOLD | 20% |
SELL | 63% |
Most popular Questions & Answers about ELGIEQUIP
Elgi Equipments Ltd. stock last traded price is 620.10. ELGIEQUIP share price moved Down by -0.24% from its previous close of Rs 621.6.
Elgi Equipments Ltd. share price trend is Down with a total of 63005 stocks traded till now. It has touched an intraday high of Rs 721.342 and an intraday low of Rs 619.00. The ELGIEQUIP trading at 620.10, Down by Rs. -1.50, or -0.24 percent which suggests that most of the Traders are anticipating that the price of ELGIEQUIP share should go Down and the Stop Loss will be around 622.94.
The market cap of Elgi Equipments Ltd. is ₹10097.6 (in Cr) as of May 14, 2024.
The current price to earning ratio for Elgi Equipments Ltd. as of May 14, 2024 is 68.05.
The current price to book ratio for Elgi Equipments Ltd. as of May 14, 2024 is 16.11.
The highest price of Elgi Equipments Ltd. stock is ₹714.20 in the last 52-week.
The lowest price of Elgi Equipments Ltd. stock is ₹430.50 in the last 52-week.
Elgi Equipments Ltd. share trading at ₹620.10, Down by Rs. -1.50, or -0.24 percent which suggests that most of the traders are anticipating that the price of ELGIEQUIP share should go Down.
In 2023, Stock price target for Elgi Equipments Ltd. (ELGIEQUIP) are ₹550.2 on downside and ₹717.7 on upside. Elgi Equipments Ltd. share price target is based on current financial year earings of the company.
In 2024, Stock price target for Elgi Equipments Ltd. (ELGIEQUIP) are ₹717.7 on downside and ₹764.6 on upside. Elgi Equipments Ltd. share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Elgi Equipments Ltd. (ELGIEQUIP) are ₹764.6 on downside and ₹818.1 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 ₹884 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.
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 9.79. Elgi Equipments Ltd. book value per share as of today is 38.50. The current price to book ratio for ELGIEQUIP as of May 15, 2024 is 16.11.
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 | 620.10 | 9.79 | 38.5 |
INGERRAND | 4706.10 | 71.47 | 183.11 |
REVATHI | 1468.55 | 0 | 340.55 |