Elecon Engineering Company Limited
Share Price Target & Analysis

NSE:ELECON

483.62

VWAP

484.75

Open

485.15

Close

488.5

High

475.5

Low

716.25

52 Week High

486.25 ⇧
1.10 (0.23%)

ELECON

(INDUSTRIAL MANUFACTURING)
36.9% Momentum

Turnaround Potential

352

52 Week Low

21.24

EPS

49.28

PE

5.49

PB

Economical
Quality

Silver
Valuation

#Analysis

NSE: ELECON Share Price Financial Analysis & Valuation

Elecon Engineering Company Limited (ELECON) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Engineering - Heavy vertical. It is one of Mid Cap company with Market Capitalization of Rs 1962.9 (in Cr). Total number of free float shares are 11.2 (in Lacs). Elecon Engineering Company Limited is listed on NSE with Exchange ID - INE205B01031 and trading code is NSE:ELECON with short name Elecon Eng.

In the past 1 year, Elecon Engineering Company Limited has declared an equity dividend of Rs 1.4 per share. At the current share price of ELECON at Rs 486.25, this results in a dividend yield of 0.29 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:ELECON, it is clearly understood that ELECON is Economical performer in terms of earnings and profit margins with an EPS of 21.24. NSE:ELECON book value per share as of today is 88.61. The current price to book ratio for ELECON as of May 20, 2026 is 5.49.

Valuation of the Stock: The current valuation of ELECON stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ELECON whether to BUY this stock at current valuation. The delivery percentage of ELECON is 51.28% is very crucial parameter which shows that 51.28% investors are anticipating that the price of ELECON share should go up with VWAP at 483.62.

Now, the main question is whether to BUY or SELL, NSE:ELECON at current valuation.
As per latest Analysis No. #5422:-

⇑ STRONG BUY ELECON if All Greens

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

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

⇘ SELL ELECON if NO Green Indicator

NSE: ELECON Share Price Today (May 20, 2026)

(Elecon Engineering Company Limited Daily Analysis on the basis of ELECON Intraday Graph & Trend)

Elecon Engineering Company Limited share price moved Up by 0.23% from its previous close of Rs 485.15. ELECON stock last traded price is 486.25. ELECON share price trend is Up with a total of 192164 stocks traded till now. It has touched an intraday high of Rs 488.5 and an intraday low of Rs 475.5. The ELECON trading at 486.25, Up by Rs. 1.10, or 0.23 percent which suggests that most of the Traders are anticipating that the price of ELECON share should go Up.

NSE: ELECON Share Price Tomorrow Prediction

(Elecon Engineering Company Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ELECON)

Elecon Engineering Company Limited share price moved Up by 0.23%. ELECON share price short term trend is Up. It suggests that ELECON Share Price for Tomorrow remains the same with VWAP at 483.62 will be treated as stop loss for intraday traders. Elecon Engineering Company Limited Long term investors can follow the ELECON long term trend as mentiond in future forecast table.

NSE Code

NSE: ELECON

ELECON Share Price Today

 486.25

ELECON Share Price Target Prediction for 2026 ^

 369 - 567.6

ELECON Share Price Target Prediction for 2027*^

 567.6 - 766.8

ELECON Share Price Target Prediction for 2028*^

 766.8 - 820.5

ELECON Share Price Target Prediction for 2029*^

 862

ELECON Share Price Target Prediction for 2030*^

 886

ELECON Share Price Target Prediction for 2035*^

 966
ELECON Current Book Value 2025
88.2

*Elecon Engineering Company Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^ELECON share price target prediction for 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

ELECON Technical Analysis

Candlestick Pattern: @619.3

ELECON Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 643.04 SELL 639.1 SELL
MA_12 643.21 SELL 643.73 SELL
MA_20 642.45 SELL 646.01 SELL
MA_32 659.91 SELL 642.44 SELL
MA_50 656.35 SELL 630.53 SELL
MA_100 567.85 BUY 605.22 BUY
MA_200 578.05 BUY 579.55 BUY

ELECON Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 642.45 Downtrend
MACD -1.79 SELL
ADX 18.18 NO or Weak Trend
DMI (+/-) 16.24 / 16.63 Downtrend

ELECON Momentum Oscillators

BUY (2) NEUTRAL (5) SELL (5)
Momentum Oscillators Value Action
RSI 41.61 Neutral
STOCHASTIC_K (Fast) 17.51 Oversold
STOCHASTIC_D (Slow) 47.06 Neutral
CCI -68.46 Neutral
PSAR 683 SELL
TRUE RANGE 68.1 BUY
ATR 27.61 BUY
WILLIAMS R -93.54 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 46.67 Neutral
MOMENTUM -50.2 SELL

ELECON Last 1 Year Trend

Duration Value
1 Year -4.2%
3 Months 49.01%
1 Month -7.5%
1 Week -4.15%

ELECON Technical Analysis Summary

Updated on 2025-07-11
Action Overall (%)
BUY 20%
NEUTRAL / HOLD 20%
SELL 60%

Most popular Questions & Answers about ELECON


Elecon Engineering Company Limited stock last traded price is 486.25. ELECON share price moved Up by 0.23% from its previous close of Rs 485.15.

Elecon Engineering Company Limited share price trend is Up with a total of 192164 stocks traded till now. It has touched an intraday high of Rs 723.4125 and an intraday low of Rs 475.5. The ELECON trading at 486.25, Up by Rs. 1.10, or 0.23 percent which suggests that most of the Traders are anticipating that the price of ELECON share should go Up and the Stop Loss will be around 483.62.

The market cap of Elecon Engineering Company Limited is ₹1962.9 (in Cr) as of May 19, 2026.

The current price to earning ratio for Elecon Engineering Company Limited as of May 19, 2026 is 49.28.

The current price to book ratio for Elecon Engineering Company Limited as of May 19, 2026 is 5.49.

The highest price of Elecon Engineering Company Limited stock is ₹716.25 in the last 52-week.

The lowest price of Elecon Engineering Company Limited stock is ₹352 in the last 52-week.

Elecon Engineering Company Limited share trading at ₹486.25, Up by Rs. 1.10, or 0.23 percent which suggests that most of the traders are anticipating that the price of ELECON share should go Up.

In 2025, Stock price target for Elecon Engineering Company Limited (ELECON) are ₹369 on downside and ₹567.6 on upside. Elecon Engineering Company Limited share price target is based on current financial year earings of the company.

In 2026, Stock price target for Elecon Engineering Company Limited (ELECON) are ₹567.6 on downside and ₹766.8 on upside. Elecon Engineering Company Limited share price target is based on forecasted future earnings of the company.

In 2027, Stock price target for Elecon Engineering Company Limited (ELECON) are ₹766.8 on downside and ₹820.5 on upside. Elecon Engineering 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 Elecon Engineering Company Limited (ELECON) will be around ₹886 Elecon Engineering Company Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ELECON.

The price of Elecon Engineering Company Limited (ELECON) shares moved by 0.23%. The short-term trend for ELECON share price is Up. It implies that the share price of ELECON will stay the same tomorrow and that intraday traders should treat VWAP at 483.62 as a stop loss. Investors with a long-term outlook can track ELECON long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of ELECON stock is 254.7. Compared to the current market price of 486.25 INR, the ELECON stock is Overvalued by 47.6%.

As per the fundamental analysis of Elecon Engineering Company Limited (ELECON), it is of Economical quality in terms of earnings and profit margins with an EPS of 21.24. Elecon Engineering Company Limited book value per share as of today is 88.61. The current price to book ratio for ELECON as of May 20, 2026 is 5.49.


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


Peer Comparison of NSE: ELECON

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

Sector: Engineering - Heavy

Company Price EPS BV
PRAJIND 386.80 7.47 75.4
GMMPFAUDLR 863.50 12.91 182.97
VARROC 557.90 19.11 127.89
ISGEC 1060.30 42.06 357.07
IRCON 141.08 6.85 69.64
GRSE 2647.40 65.29 215.32
ACE 896.85 36.53 158.81
ELECON 486.25 21.24 88.61
KABRAEXTRU 226.03 0.48 127.64
TDPOWERSYS 1231.20 13.85 62.74
Updated at: 20 May 2026 15:52

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

SITEMAP 6645
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 2704.80 -20.20 (-0.74%) | ADANIGREEN 1363.20 -14.60 (-1.06%) | ADANIPORTS 1772.60 9.80 (0.56%) | ADANITRANS 988.50 0.35 (0.04%) | AMBUJACEM 430.25 -1.45 (-0.34%) | APOLLOHOSP 8078.50 52.50 (0.65%) | ASIANPAINT 2598.60 -2.10 (-0.08%) | ATGL 610.60 -12.70 (-2.04%) | AUROPHARMA 1517.50 4.70 (0.31%) | AXISBANK 1249.80 11.50 (0.93%) | BAJAJ-AUTO 10462.50 257.50 (2.52%) | BAJAJFINSV 1772.00 22.20 (1.27%) | BAJFINANCE 923.10 -0.45 (-0.05%) | BALKRISIND 2155.00 27.00 (1.27%) | BANDHANBNK 192.15 0.94 (0.49%) | BANKBARODA 263.55 2.95 (1.13%) | BEL 413.30 -9.65 (-2.28%) | BERGEPAINT 508.45 0.75 (0.15%) | BHARTIARTL 1904.90 -8.60 (-0.45%) | BIOCON 432.70 4.55 (1.06%) | BOSCHLTD 36830.00 -300.00 (-0.81%) | BPCL 293.75 7.30 (2.55%) | BRITANNIA 5344.50 -72.00 (-1.33%) | CADILAHC 905.25 2.35 (0.26%) | CIPLA 1399.50 -10.30 (-0.73%) | COALINDIA 458.70 1.75 (0.38%) | COLPAL 2185.40 -2.90 (-0.13%) | DABUR 450.90 -1.90 (-0.42%) | DIVISLAB 6893.00 -19.00 (-0.27%) | DLF 583.30 5.90 (1.02%) | DMART 4144.20 -91.80 (-2.17%) | DRREDDY 1321.90 -13.30 (-1%) | EICHERMOT 6849.50 -33.00 (-0.48%) | GAIL 155.64 -0.48 (-0.31%) | GLAND 2221.80 -29.30 (-1.3%) | GODREJCP 1022.90 0.90 (0.09%) | GRASIM 2971.10 35.90 (1.22%) | GUJGASLTD 372.60 -3.95 (-1.05%) | HAVELLS 1207.80 0.60 (0.05%) | HCLTECH 1169.80 -9.60 (-0.81%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 2685.30 31.70 (1.19%) | HDFCBANK 759.50 -2.95 (-0.39%) | HDFCLIFE 605.10 -5.30 (-0.87%) | HEROMOTOCO 4968.00 -39.50 (-0.79%) | HINDALCO 1085.50 37.20 (3.55%) | HINDUNILVR 2209.30 -23.60 (-1.06%) | HINDZINC 630.45 -2.15 (-0.34%) | ICICIBANK 1237.30 -3.50 (-0.28%) | ICICIGI 1784.80 -38.00 (-2.08%) | ICICIPRULI 509.25 -12.90 (-2.47%) | INDIGO 4264.60 34.30 (0.81%) | INDUSINDBK 897.15 1.90 (0.21%) | INDUSTOWER 427.85 -2.85 (-0.66%) | INFY 1193.70 -3.20 (-0.27%) | IOB 33.49 -0.05 (-0.15%) | IOC 138.04 3.04 (2.25%) | ITC 307.55 -2.75 (-0.89%) | JSWSTEEL 1283.20 -2.00 (-0.16%) | KOTAKBANK 383.20 1.25 (0.33%) | LT 3910.70 -10.30 (-0.26%) | LTI 5706.50 -337.50 (-5.58%) | LUPIN 2285.50 -1.90 (-0.08%) | M&M 3122.20 29.90 (0.97%) | MARICO 838.45 7.00 (0.84%) | MARUTI 13003.00 47.00 (0.36%) | MCDOWELL-N 1358.10 -8.00 (-0.59%) | MOTHERSUMI 121.00 -1.62 (-1.32%) | MUTHOOTFIN 3309.30 5.70 (0.17%) | NAUKRI 942.25 8.60 (0.92%) | NESTLEIND 1420.10 -11.30 (-0.79%) | NMDC 88.48 -0.54 (-0.61%) | NTPC 392.45 3.05 (0.78%) | ONGC 298.30 1.80 (0.61%) | PEL 1124.20 0.00 (0%) | PIDILITIND 1455.60 -0.20 (-0.01%) | PIIND 2901.20 -223.40 (-7.15%) | PNB 102.22 0.92 (0.91%) | POWERGRID 299.90 1.30 (0.44%) | RELIANCE 1359.70 37.00 (2.8%) | SAIL 199.04 -0.01 (-0.01%) | SBICARD 624.35 0.55 (0.09%) | SBILIFE 1864.20 -17.20 (-0.91%) | SBIN 950.90 2.10 (0.22%) | SHREECEM 24420.00 -5.00 (-0.02%) | SIEMENS 3696.40 145.50 (4.1%) | SRF 2613.30 -23.90 (-0.91%) | SUNPHARMA 1880.30 -2.00 (-0.11%) | TATACONSUM 1208.70 -2.20 (-0.18%) | TATAMOTORS 375.45 3.40 (0.91%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 207.01 -2.28 (-1.09%) | TCS 2327.40 0.30 (0.01%) | TECHM 1439.00 -28.10 (-1.92%) | TITAN 4106.40 4.40 (0.11%) | TORNTPHARM 4429.20 -30.90 (-0.69%) | ULTRACEMCO 11409.00 41.00 (0.36%) | UPL 634.35 1.05 (0.17%) | VEDL 333.75 -3.90 (-1.16%) | WIPRO 197.12 1.95 (1%) |