Elecon Engineering Company is currently trading at Rs. 71.00, up by 0.20 points or 0.28% from its previous closing of Rs. 70.80 on the BSE.
The scrip opened at Rs. 70.50 and has touched a high and low of Rs. 71.85 and Rs. 70.40 respectively. So far 6697 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 101.25 on 27-Oct-2010 and a 52 week low of Rs. 59.30 on 09-Feb-2011.
Last one week high and low of the scrip stood at Rs. 72.00 and Rs. 69.60 respectively. The current market cap of the company is Rs. 657.46 crore.
The promoters holding in the company stood at 45.72% while Institutions and Non-Institutions held 15.01% and 39.27% respectively.
Elecon Engineering Company (EECL) has been awarded prestigious order of Rs 15.50 crore from Shri Bajrang Power and Ispat (Tilda division), Raipur for design, engineering, manufacture and supply of 2 Nos Stacker cum Reclaimer Machines.
EECL is the flagship company of the Elecon Group based at Anand, Gujarat. EECL operates in the two business areas namely the material handling equipment and transmission gears. The company is the market leader in the domestic industrial gears segment with almost 25% market share and
