SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Elecon Engineering bags orders aggregating worth Rs 14.42 crore from Monnet Ispat & Energy

19 Feb 2013 Evaluate

Elecon Engineering Company has been awarded orders aggregating worth Rs 14.42 crore from Monnet Ispat & Energy for design, engineering, manufacture, shop testing, inspection, painting, packing & forwarding and Erection, Start-up, Trail Operation, Testing, Commissioning of Stacker Reclaimers for Coal and Iron Ore and Pellet respectively of Monnet Ispat & Energy at Raigarh in Chhattisgarh.

The company had recently been awarded Letter of intent of Rs 183.00 Crore from NCC (formerly Nagarjuna Construction Company) Madhapur, Hyderabad for Design, Engineering , Supply, Transportation, Erection, Testing & Commissioning of complete External Coal Handling Pipe Conveyor System Package of 4000TPH including Mandatory spares for 2x660MW NCCPPL Super Critical TPP at Ananthapuram village, Muthukur Mandal Nellore District, Andhra Pradesh.

Elecon Engineering Company is a market leader in the domestic gears segment with around 25% market share in the domestic transmission equipment segment.

Elecon Engg. Co. Share Price

519.00 6.00 (1.17%)
10-Jul-2026 09:58 View Price Chart
Peers
Company Name CMP
Bharat Heavy Elect. 392.40
Thermax 4813.70
Kirloskar Oil Engine 2472.50
Skipper 551.30
GMM Pfaudler 767.60
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: