|
15 Jul 2026 |
Elecon Engineering
|
Consensus Share Price Target
|
477.90 |
525.50 |
- |
9.96 |
buy
|
|
|
|
|
22 Jun 2026
|
Elecon Engineering
|
Axis Direct
|
477.90
|
635.00
|
545.05
(-12.32%)
|
32.87 |
Buy
|
|
|
We maintain our BUY recommendation on Elecon Engineering Company Ltd. with a Target Price of Rs 635/share, implying upside potential of 18% from the CMP.
|
|
10 Jun 2026
|
Elecon Engineering
|
Emkay
|
477.90
|
600.00
|
522.95
(-8.61%)
|
25.55 |
Buy
|
|
|
Order backlog at ~Rs13bn is well-diversified, supported by strong long-term demand drivers across key end-user industries such as power, steel, cement, mining, and material handling equipment (MHE).
|
|
30 May 2026
|
Elecon Engineering
|
Axis Direct
|
477.90
|
565.00
|
504.55
(-5.28%)
|
Target met |
Buy
|
|
|
We recommend a BUY with a target price of Rs 565/share, implying an upside of 11% from the CMP.
|
|
20 Apr 2026
|
Elecon Engineering
|
Keynote Capitals Ltd
|
477.90
|
499.00
|
435.55
(9.72%)
|
Target met |
Buy
|
|
|
Quarterly Update Q4FY26
|
|
17 Apr 2026
|
Elecon Engineering
|
Axis Direct
|
477.90
|
635.00
|
412.75
(15.78%)
|
32.87 |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
12 Jan 2026
|
Elecon Engineering
|
Keynote Capitals Ltd
|
477.90
|
576.00
|
409.90
(16.59%)
|
Target met |
Buy
|
|
|
Quarterly Update Q3FY26
|
|
12 Jan 2026
|
Elecon Engineering
|
Axis Direct
|
477.90
|
635.00
|
409.90
(16.59%)
|
32.87 |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
28 Nov 2025
|
Elecon Engineering
|
Axis Direct
|
477.90
|
635.00
|
504.45
(-5.26%)
|
32.87 |
Buy
|
|
|
We initiate coverage on Elecon Engineering Ltd. with a BUY recommendation
|
|
31 Oct 2025
|
Elecon Engineering
|
FundsIndia
|
477.90
|
670.00
|
540.35
(-11.56%)
|
40.20 |
Buy
|
|
|
FY26 revenue guidance: Rs 2,650 crore.
|
|
15 Oct 2025
|
Elecon Engineering
|
Keynote Capitals Ltd
|
477.90
|
751.00
|
542.25
(-11.87%)
|
57.15 |
Buy
|
|
|
Quarterly Update Q2FY26
|
|
14 Oct 2025
|
Elecon Engineering
|
Emkay
|
477.90
|
750.00
|
531.40
(-10.07%)
|
56.94 |
Buy
|
|
|
We maintain BUY on Elecon Engineering Company (EECL), with TP of Rs750. EECL reported a mixed set of results for Q2FY26, with consolidated revenue/EBITDA/PAT growing 14%/12%/flat YoY.
|
|
15 Jul 2025
|
Elecon Engineering
|
Keynote Capitals Ltd
|
477.90
|
751.00
|
624.35
(-23.46%)
|
|
Buy
|
|
|
Quarterly Update Q1FY26
|
|
02 May 2025
|
Elecon Engineering
|
Keynote Capitals Ltd
|
477.90
|
823.00
|
574.80
(-16.86%)
|
|
Buy
|
|
|
Initiating Coverage Report
|
|
22 Apr 2024
|
Elecon Engineering
|
Edelweiss
|
477.90
|
1170.00
|
1155.70
(-58.65%)
|
Target met |
Hold
|
|
|
Continuation of margin trend cushions soft revenue
|
|
29 Jan 2024
|
Elecon Engineering
|
Edelweiss
|
477.90
|
1170.00
|
1064.25
(-55.10%)
|
Target met |
Buy
|
|
|
Strong margin trend cushions soft revenue growth
|
|
23 Oct 2023
|
Elecon Engineering
|
Edelweiss
|
477.90
|
874.00
|
777.40
(-38.53%)
|
Target met |
Buy
|
|
|
The strong margin trend continues
|
|
26 Sep 2023
|
Elecon Engineering
|
BOB Capital Markets Ltd.
|
477.90
|
|
733.50
(-34.85%)
|
Pre-Bonus/ Split |
Not Rated
|
|
|
ELCN has ~40% share in gearbox and components, catering to industries such as sugar, power, steel, cement, rubber and fertilisers
|
|
12 Jul 2023
|
Elecon Engineering
|
Edelweiss
|
477.90
|
777.00
|
729.85
(-34.52%)
|
Target met |
Buy
|
|
|
Strong performance, big beat on margin
|
|
27 Apr 2023
|
Elecon Engineering
|
SBI Securities
|
477.90
|
486.00
|
427.55
(11.78%)
|
Target met |
Buy
|
|
|
|
|
27 Apr 2023
|
Elecon Engineering
|
Edelweiss
|
477.90
|
534.00
|
427.55
(11.78%)
|
Target met |
Buy
|
|
|
Steady performance, guidance unchanged
|