Elgi Equipments Ltd. News and Updates

Name: Latest research reports of Elgi Equipments Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Elgi Equipments Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on Elgi Equipments Ltd. from all sources in a single place.

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Elgi Equipments Ltd.

15 Oct 2019

481.95

-0.05%

Elgi wins CII Design Excellence award

Business Line

Coimbatore-headquartered air compressor manufacturer Elgi Equipments said in a release it has bagged the 2019 CII Design Excellence Award. ELGi's AB

Number of FII/FPI investors increased from 177 to 188 in Jun 2025 qtr.

Elgi Equipments Ltd.

01 Oct 2019

481.95

-0.05%

Elgi wins 2019 Deming Prize

Business Line

Elgi Equipments has bagged the coveted 2019 Deming Prize for Total Quality Management.The Coimbatore-headquartered company said in a statement that

Number of FII/FPI investors increased from 177 to 188 in Jun 2025 qtr.

Elgi Equipments Ltd.

11 Sep 2019

481.95

-0.05%

Elgi to organise marathons in US, Coimbatore to create cancer awareness

Business Line

Air-compressor manufacturer Elgi Equipments has reaffirmed its commitment to support cancer awareness cause globally. Around 1,650 employees of the

Elgi Equipments Ltd. is trading below all available SMAs

Elgi Equipments Ltd.

11 Sep 2019

481.95

-0.05%

Elgi to organise marathons in US, Coimbatore to create cancer awareness

Business Line

Air-compressor manufacturer Elgi Equipments has reaffirmed its commitment to support cancer awareness cause globally. Around 1,650 employees of the

Number of FII/FPI investors increased from 177 to 188 in Jun 2025 qtr.

Elgi Equipments Ltd.

08 Sep 2019

481.95

-0.05%

Value addition key to sustain business: Varadaraj

Business Line

Growth is not be limited by the resources, but by the size of one's aspiration, said Jairam Varadaraj, Managing Director, Elgi Equipments.Unfortuna

Elgi Equipments Ltd. is trading below all available SMAs

Elgi Equipments Ltd.

27 Aug 2019

481.95

-0.05%

Elgi Equipments' US-subsidiary Pattons expands into LA

Business Line

Pattons, the US-based subsidiary of Coimbatore-headquartered air compressor manufacturer Elgi Equipments, has set up a new office in Los Angeles.Wit

Elgi Equipments Ltd. is trading below all available SMAs

Elgi Equipments Ltd.

10 Aug 2019

481.95

-0.05%

De-risking Elgi from over-dependence on Indian market helped: Varadaraj, MD

Business Line

Air compressor manufacturing major Elgi Equipments has reported a drop in its net income in the second quarter of 2019 at 17 crore (on consolidated

Elgi Equipments Ltd. has lost -29.09% in the last 1 Year

Elgi Equipments Ltd.

05 Aug 2019

481.95

-0.05%

Elgi Equipments

Buy: Elgi Equipments Ltd.

Target

ICICI Securities Limited

Macroeconomic headwinds impacted the company's domestic air compressor sales growth in Q1FY20. As per management commentary, a similar trend is expected to continue in Q2 as well. After-market contributes ~24% to India's topline. Generally, these are higher margin businesses. Improved contribution from this will help stabilise margins, going ahead. On the automotive side, despite a slowdown in automobile sales, Elgi recorded healthy growth aided by two OEM client additions in India. An improvement in infrastructure investment and recovery in automotive industry are key...

Elgi Equipments Ltd. has an average target of 559.00 from 1 broker.

Elgi Equipments Ltd.

06 Jun 2019

481.95

-0.05%

Elgi unveils energy-efficient' compressor

Business Line

Air-compressor manufacturing major Elgi Equipments has developed products with specific focus on energy efficiency. Unveiling the encapsulated screw

Elgi Equipments Ltd. has an average target of 559.00 from 1 broker.

Elgi Equipments Ltd.

29 May 2019

481.95

-0.05%

Elgi Equipments

Buy: Elgi Equipments Ltd.

Target

ICICI Securities Limited

Newer products, traction in international market to drive growth Elgi has introduced newer products such as oil free compressors, AB series, which have the potential to disrupt the overall air compressor market and may potentially help boost growth. With a sharp focus on the international front, the company continues to invest on building a solid base in key markets of US and Europe through its subsidiaries Patton's and Rotair, respectively. The company has prudently scaled down its operations and rationalised costs in markets like China, Brazil. International business viz....