Elecon Engineering Company Ltd

As of November 28, 2025, Elecon Engg.Co's technical trend has shifted to a moderate bearish stance, indicated by bearish MACD, Bollinger Bands, moving averages, and KST signals across multiple time frames.

On 24-Nov, Elecon Engineering Company Ltd witnessed a significant decline in its share price, falling by 3.84% to close at ₹494.25. This drop reflects a continuation of a downward trend over recent days, driven by a combination of disappointing quarterly results, valuation concerns, and reduced institutional investor interest.

As of November 18, 2025, Elecon Engg.Co's trend is mildly bearish, indicated by bearish momentum in the weekly and monthly MACD, conflicting signals from the KST and moving averages, and a significant year-to-date decline compared to the broader market.

As of November 17, 2025, Elecon Engg. Co. is in a sideways market condition with mixed technical signals, showing a transition from mildly bearish to neutral across various indicators.

As of 10-Nov, Elecon Engineering Company Ltd's stock price is 525.85, down 2.2%, and has underperformed significantly with a one-year return of -7.98% compared to the Sensex's gain of 5.09%. Key factors for this decline include disappointing quarterly results, reduced institutional investor participation, and a high valuation relative to its performance.

As of October 10, 2025, the technical trend has shifted to mildly bearish, supported by bearish MACD readings, Bollinger Bands, and KST indicators, despite some mixed signals from Dow Theory and daily moving averages.

As of October 10, 2025, Elecon Engg. Co's technical trend has shifted to mildly bearish, indicated by bearish MACD readings, Bollinger Bands, and underperformance against the Sensex.

As of October 10, 2025, the technical trend is mildly bearish, indicated by bearish MACD readings, Bollinger Bands, and KST, despite some mildly bullish daily moving averages and mixed signals from Dow Theory.

Elecon Engg.Co has shown consistent growth in net sales and profitability, with net sales increasing from 1,044.71 Cr in Mar'21 to 2,226.96 Cr in Mar'25, and profit after tax rising from 55.76 Cr to 406.97 Cr during the same period, indicating a strong financial performance and solid balance sheet.

As of 10-Oct, Elecon Engineering Company Ltd's stock price is at 556.20, down 8.01% and underperforming the market with a 10.31% decline over the last three days. Despite strong fundamentals, the stock is viewed as overvalued, leading to significant volatility and negative returns year-to-date and over the past year.

Elecon Engineering Company's latest results show strong cash flow and sales growth, with operating cash flow at a three-year high and a 21.06% increase in PAT. However, profitability metrics like PBT and EPS have declined, indicating mixed overall performance.