NIFTY 22200.55 BANK 47687.45

Elgi Rubber Company Limited
Share Price Target & Analysis

NSE:ELGIRUBCO

64.12

VWAP

61.95

Open

61.35

Close

65.00

High

61.95

Low

69.90

52 Week High

63.85 ⇧
2.50 (4.07%)

ELGIRUBCO

(Miscellaneous)
82.2% Momentum

Trending & Favourite

36.00

52 Week Low

-

EPS

39.01

PE

1.08

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: ELGIRUBCO Share Price Financial Analysis & Valuation

Elgi Rubber Company Limited (ELGIRUBCO) is broadly categorized in Miscellaneous segment industry which deals in Tyres vertical. It is one of Micro Cap company with Market Capitalization of Rs 213.7 (in Cr). Total number of free float shares are 5 (in Lacs). Elgi Rubber Company Limited is listed on NSE with Exchange ID - INE819L01012 and trading code is NSE:ELGIRUBCO with short name Elgi Rubber.

In the past 1 year, Elgi Rubber Company Limited has declared an equity dividend of Rs 0 per share. At the current share price of ELGIRUBCO at Rs 63.85, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:ELGIRUBCO, it is clearly understood that ELGIRUBCO is Uncertain performer in terms of earnings and profit margins with an EPS of -. NSE:ELGIRUBCO book value per share as of today is 59.22. The current price to book ratio for ELGIRUBCO as of May 16, 2024 is 1.08.

Valuation of the Stock: The current valuation of ELGIRUBCO stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ELGIRUBCO whether to BUY this stock at current valuation. The delivery percentage of ELGIRUBCO is 54.84% is very crucial parameter which shows that 54.84% investors are anticipating that the price of ELGIRUBCO share should go up with VWAP at 64.12.

Now, the main question is whether to BUY or SELL, NSE:ELGIRUBCO at current valuation.
As per latest Analysis No. #1534:-

⇑ STRONG BUY ELGIRUBCO if All Greens

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

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

⇘ SELL ELGIRUBCO if NO Green Indicator

NSE: ELGIRUBCO Share Price Today (May 16, 2024)

(Elgi Rubber Company Limited Daily Analysis on the basis of ELGIRUBCO Intraday Graph & Trend)

Elgi Rubber Company Limited share price moved Up by 4.07% from its previous close of Rs 61.35. ELGIRUBCO stock last traded price is 63.85. ELGIRUBCO share price trend is Up with a total of 195762 stocks traded till now. It has touched an intraday high of Rs 65.00 and an intraday low of Rs 61.95. The ELGIRUBCO trading at 63.85, Up by Rs. 2.50, or 4.07 percent which suggests that most of the Traders are anticipating that the price of ELGIRUBCO share should go Up.

NSE: ELGIRUBCO Share Price Tomorrow Prediction

(Elgi Rubber Company Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ELGIRUBCO)

Elgi Rubber Company Limited share price moved Up by 4.07%. ELGIRUBCO share price short term trend is Up. It suggests that ELGIRUBCO Share Price for Tomorrow remains the same with VWAP at 64.12 will be treated as stop loss for intraday traders. Elgi Rubber Company Limited Long term investors can follow the ELGIRUBCO long term trend as mentiond in future forecast table.

NSE Code

NSE: ELGIRUBCO

ELGIRUBCO Share Price Today

 63.85

ELGIRUBCO Share Price Target Prediction for 2024 ^

 50.9 - 70.2

ELGIRUBCO Share Price Target Prediction for 2025*^

 70.2 - 73

ELGIRUBCO Share Price Target Prediction for 2026*^

 73 - 76.7

ELGIRUBCO Share Price Target Prediction for 2027*^

 81

ELGIRUBCO Share Price Target Prediction for 2028*^

 81

ELGIRUBCO Share Price Target Prediction for 2030*^

 88
ELGIRUBCO Current Book Value 2023
58.9

*Elgi Rubber Company Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^ELGIRUBCO 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.

ELGIRUBCO Technical Analysis

Candlestick Pattern: @63.85

ELGIRUBCO Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 61.97 BUY 61.8 BUY
MA_12 57.92 BUY 58.88 BUY
MA_20 55.92 BUY 57.46 BUY
MA_32 54.47 BUY 56.24 BUY
MA_50 54.45 BUY 55.84 BUY
MA_100 56.49 BUY 55.32 BUY
MA_200 52.92 BUY 52.08 BUY

ELGIRUBCO Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 55.92 Uptrend
MACD 1.01 BUY
ADX 32.76 Strong Trend
DMI (+/-) 28.34 / 8.51 Uptrend

ELGIRUBCO Momentum Oscillators

BUY (4) NEUTRAL (8) SELL (0)
Momentum Oscillators Value Action
RSI 65.25 Neutral
STOCHASTIC_K (Fast) 70.44 Neutral
STOCHASTIC_D (Slow) 70.41 Neutral
CCI 118.36 BUY
PSAR 55.7 BUY
TRUE RANGE 3.65 Neutral
ATR 4.07 Neutral
WILLIAMS R -15.25 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 75.43 Neutral
STOCHASTIC RSI D 64.56 Neutral
MOMENTUM 12.55 BUY

ELGIRUBCO Last 1 Year Trend

Duration Value
1 Year 77.61%
3 Months 0.47%
1 Month 24.46%
1 Week 5.36%

ELGIRUBCO Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 73%
NEUTRAL / HOLD 27%
SELL 0%

Most popular Questions & Answers about ELGIRUBCO


Elgi Rubber Company Limited stock last traded price is 63.85. ELGIRUBCO share price moved Up by 4.07% from its previous close of Rs 61.35.

Elgi Rubber Company Limited share price trend is Up with a total of 195762 stocks traded till now. It has touched an intraday high of Rs 70.599 and an intraday low of Rs 61.95. The ELGIRUBCO trading at 63.85, Up by Rs. 2.50, or 4.07 percent which suggests that most of the Traders are anticipating that the price of ELGIRUBCO share should go Up and the Stop Loss will be around 64.12.

The market cap of Elgi Rubber Company Limited is ₹213.7 (in Cr) as of May 15, 2024.

The current price to earning ratio for Elgi Rubber Company Limited as of May 15, 2024 is 39.01.

The current price to book ratio for Elgi Rubber Company Limited as of May 15, 2024 is 1.08.

The highest price of Elgi Rubber Company Limited stock is ₹69.90 in the last 52-week.

The lowest price of Elgi Rubber Company Limited stock is ₹36.00 in the last 52-week.

Elgi Rubber Company Limited share trading at ₹63.85, Up by Rs. 2.50, or 4.07 percent which suggests that most of the traders are anticipating that the price of ELGIRUBCO share should go Up.

In 2023, Stock price target for Elgi Rubber Company Limited (ELGIRUBCO) are ₹50.9 on downside and ₹70.2 on upside. Elgi Rubber Company Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Elgi Rubber Company Limited (ELGIRUBCO) are ₹70.2 on downside and ₹73 on upside. Elgi Rubber Company Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Elgi Rubber Company Limited (ELGIRUBCO) are ₹73 on downside and ₹76.7 on upside. Elgi Rubber 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 Elgi Rubber Company Limited (ELGIRUBCO) will be around ₹81 Elgi Rubber Company Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ELGIRUBCO.

As per the fundamental analysis of Elgi Rubber Company Limited (ELGIRUBCO), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Elgi Rubber Company Limited book value per share as of today is 59.22. The current price to book ratio for ELGIRUBCO as of May 16, 2024 is 1.08.


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


Peer Comparison of NSE: ELGIRUBCO

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

Sector: Tyres

Company Price EPS BV
BALKRISIND 2507.00 62.71 392.57
MRF 127445.45 4812.26 38764.7
APOLLOTYRE 474.10 18.87 155.88
CEATLTD 2289.30 161.75 976.79
JKTYRE 389.65 19.63 110.93
GOODYEAR 1273.70 58.62 261.46
TVSSRICHAK 4061.55 135.25 1454.83
PTL 42.45 1.55 63.71
ELGIRUBCO 63.85 0 59.22
MODIRUBBER 98.80 8.81 140.04
Updated at: 15 May 2024 15:48

Feel free to contact us, in case of any queries.

SITEMAP 1512
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3049.75 12.20 (0.4%) | ADANIGREEN 1839.15 50.35 (2.81%) | ADANIPORTS 1337.85 6.60 (0.5%) | ADANITRANS 1021.65 -0.40 (-0.04%) | AMBUJACEM 613.25 3.05 (0.5%) | APOLLOHOSP 5854.80 -8.00 (-0.14%) | ASIANPAINT 2813.00 -53.15 (-1.85%) | ATGL 916.60 7.65 (0.84%) | AUROPHARMA 1158.40 -10.20 (-0.87%) | AXISBANK 1128.05 5.20 (0.46%) | BAJAJ-AUTO 8903.15 -162.10 (-1.79%) | BAJAJFINSV 1570.75 -5.70 (-0.36%) | BAJFINANCE 6680.00 4.30 (0.06%) | BALKRISIND 2507.00 19.35 (0.78%) | BANDHANBNK 189.90 1.35 (0.72%) | BANKBARODA 263.90 3.05 (1.17%) | BEL 232.85 1.90 (0.82%) | BERGEPAINT 485.10 -9.45 (-1.91%) | BHARTIARTL 1309.90 25.60 (1.99%) | BIOCON 311.90 1.00 (0.32%) | BOSCHLTD 30935.40 -946.60 (-2.97%) | BPCL 625.05 19.10 (3.15%) | BRITANNIA 5064.00 -76.80 (-1.49%) | CADILAHC 997.05 13.40 (1.36%) | CIPLA 1405.50 48.15 (3.55%) | COALINDIA 467.85 19.15 (4.27%) | COLPAL 2673.00 -146.95 (-5.21%) | DABUR 545.85 -8.70 (-1.57%) | DIVISLAB 3892.55 -3.65 (-0.09%) | DLF 825.65 -13.40 (-1.6%) | DMART 4652.45 55.40 (1.21%) | DRREDDY 5882.00 13.20 (0.22%) | EICHERMOT 4649.35 -81.20 (-1.72%) | GAIL 200.75 0.70 (0.35%) | GLAND 1776.00 10.50 (0.59%) | GODREJCP 1291.60 -15.30 (-1.17%) | GRASIM 2369.70 -2.35 (-0.1%) | GUJGASLTD 542.50 -8.90 (-1.61%) | HAVELLS 1754.15 25.05 (1.45%) | HCLTECH 1335.00 13.95 (1.06%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3762.05 84.15 (2.29%) | HDFCBANK 1438.50 -22.45 (-1.54%) | HDFCLIFE 555.95 -5.60 (-1%) | HEROMOTOCO 5057.30 13.85 (0.27%) | HINDALCO 653.70 7.05 (1.09%) | HINDUNILVR 2327.80 -21.80 (-0.93%) | HINDZINC 559.40 -0.50 (-0.09%) | ICICIBANK 1125.10 4.55 (0.41%) | ICICIGI 1652.90 -30.90 (-1.84%) | ICICIPRULI 580.35 -16.85 (-2.82%) | INDIGO 4295.50 148.15 (3.57%) | INDUSINDBK 1417.10 -3.90 (-0.27%) | INDUSTOWER 341.80 2.30 (0.68%) | INFY 1419.95 -4.75 (-0.33%) | IOB 61.90 0.05 (0.08%) | IOC 161.80 2.45 (1.54%) | ITC 427.80 -1.90 (-0.44%) | JSWSTEEL 870.95 -10.55 (-1.2%) | KOTAKBANK 1650.80 4.50 (0.27%) | LT 3411.30 31.85 (0.94%) | LTI 4649.30 14.45 (0.31%) | LUPIN 1639.10 1.95 (0.12%) | M&M 2302.30 32.40 (1.43%) | MARICO 590.80 -9.45 (-1.57%) | MARUTI 12767.30 -46.90 (-0.37%) | MCDOWELL-N 1174.25 -1.35 (-0.11%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1671.50 -5.80 (-0.35%) | NAUKRI 5941.60 -75.70 (-1.26%) | NESTLEIND 2465.00 -22.35 (-0.9%) | NMDC 267.30 2.25 (0.85%) | NTPC 361.35 5.55 (1.56%) | ONGC 273.45 0.55 (0.2%) | PEL 823.40 -6.85 (-0.83%) | PIDILITIND 2987.45 3.70 (0.12%) | PIIND 3664.40 -3.20 (-0.09%) | PNB 124.30 -1.45 (-1.15%) | POWERGRID 314.85 5.60 (1.81%) | RELIANCE 2832.55 -7.60 (-0.27%) | SAIL 166.40 1.75 (1.06%) | SBICARD 713.45 -4.95 (-0.69%) | SBILIFE 1428.80 -4.05 (-0.28%) | SBIN 820.30 2.10 (0.26%) | SHREECEM 25819.65 -205.25 (-0.79%) | SIEMENS 7119.30 458.85 (6.89%) | SRF 2290.00 3.25 (0.14%) | SUNPHARMA 1527.40 -17.85 (-1.16%) | TATACONSUM 1070.00 -15.45 (-1.42%) | TATAMOTORS 947.30 -17.35 (-1.8%) | TATAMTRDVR 637.30 -9.05 (-1.4%) | TATASTEEL 165.60 0.65 (0.39%) | TCS 3880.40 -20.80 (-0.53%) | TECHM 1274.50 -1.00 (-0.08%) | TITAN 3268.55 -20.35 (-0.62%) | TORNTPHARM 2652.35 21.70 (0.82%) | ULTRACEMCO 9614.10 -46.55 (-0.48%) | UPL 514.80 4.75 (0.93%) | VEDL 437.40 4.85 (1.12%) | WIPRO 458.30 1.95 (0.43%) |