Elecon Engineering Company is currently trading at Rs. 60.05, up by 0.55 points or 0.92% from its previous closing of Rs. 59.50 on the BSE.
The scrip opened at Rs. 59.70 and has touched a high and low of Rs. 60.30 and Rs. 59.00 respectively. So far 34545 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 86.00 on 27-Jul-2011 and a 52 week low of Rs. 50.00 on 19-Dec-2011.
Last one week high and low of the scrip stood at Rs. 61.00 and Rs. 58.20 respectively. The current market cap of the company is Rs. 557.17 crore.
The promoters holding in the company stood at 45.99% while Institutions and Non-Institutions held 15.15% and 38.86% respectively.
Elecon Engineering Company, during the month of March, 2012, has received some major orders worth Rs 22.60 crore from various clients for supply of material handling equipments and spares for their various projects.
Earlier in March, the company had been awarded letter of intent of Rs 17.60 crore from Siddhi Vinayak Cement, Village-Nimbol, Tehsil-Jaitaram, district Pali in Rajasthan for supply of 3 numbers of stackers and 5 numbers of reclaimers.
Elecon Engineering Company is a market leader in the domestic -gears segment with around 25% market share in the domestic transmission equipment segment. Being part of the Elecon group that largely focuses on the engineering sector adds to the operational strength to EECL in terms of sourcing some of the inputs like castings from the group company and outsourcing some portion of job-work to the group company.
| Company Name | CMP |
|---|---|
| BHEL | 316.70 |
| Thermax | 4141.20 |
| Kirloskar Oil Eng | 1616.95 |
| Skipper | 433.50 |
| GMM Pfaudler | 931.05 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: