Key Events This Week
2 Feb: Stock opens week at ₹401.70, down 1.54% amid broad market weakness
3 Feb: Intraday high surge of 9.53%, closing at ₹447.20 (+11.33%) with strong volume
4 Feb: Downgrade to Strong Sell due to valuation and financial concerns
5 Feb: Upgrade back to Sell on technical improvement despite valuation worries
6 Feb: Bearish momentum returns, stock closes at ₹442.25 (+0.98%)

Elecon Engineering Company Ltd Faces Bearish Momentum Amid Technical Downgrade
2026-02-06 08:02:27Elecon Engineering Company Ltd, a key player in the industrial manufacturing sector, has experienced a notable shift in its technical momentum, signalling increased bearishness. The stock’s recent price action, combined with deteriorating technical indicators such as MACD, moving averages, and Bollinger Bands, suggests caution for investors amid a challenging market backdrop.
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Elecon Engineering Upgraded to Sell on Technical Improvement Despite Valuation Concerns
2026-02-05 08:09:24Elecon Engineering Company Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 4 February 2026, driven primarily by a shift in technical indicators. However, valuation metrics have deteriorated, pushing the stock into a very expensive category. This article analyses the four key parameters—Quality, Valuation, Financial Trend, and Technicals—that influenced this rating change, providing investors with a comprehensive view of the company’s current standing.
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Elecon Engineering Company Ltd: Technical Momentum Shifts Amid Mixed Market Signals
2026-02-05 08:03:49Elecon Engineering Company Ltd has exhibited a subtle shift in its technical momentum, moving from a predominantly bearish stance to a mildly bearish outlook. Despite a 1.76% gain on 5 Feb 2026, the stock’s technical indicators present a nuanced picture, reflecting both cautious optimism and lingering headwinds in the industrial manufacturing sector.
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Elecon Engineering Downgraded to Strong Sell Amid Valuation and Financial Concerns
2026-02-04 08:14:07Elecon Engineering Company Ltd has been downgraded from a Sell to a Strong Sell rating as of 3 February 2026, reflecting a combination of deteriorating financial trends, stretched valuation metrics, and weakening technical indicators. Despite a recent surge in share price, the company’s fundamentals and market positioning have raised significant concerns among analysts.
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Elecon Engineering Company Ltd Valuation Shifts Signal Heightened Price Risk
2026-02-04 08:02:05Elecon Engineering Company Ltd has witnessed a significant re-rating in its valuation parameters, prompting a downgrade to a Strong Sell rating despite a sharp 11.33% intraday price jump. The stock’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios have escalated to levels categorised as very expensive, raising concerns about its price attractiveness relative to historical and peer benchmarks.
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Elecon Engineering Company Ltd Hits Intraday High with 9.53% Surge
2026-02-03 12:35:59Elecon Engineering Company Ltd recorded a robust intraday performance on 3 Feb 2026, surging to a day’s high of Rs 443, marking a 10.28% increase from its previous close. The stock outperformed its sector and broader market indices, reflecting heightened trading activity and volatility throughout the session.
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Elecon Engineering Company Ltd is Rated Sell
2026-01-31 10:10:48Elecon Engineering Company Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 January 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 31 January 2026, providing investors with the latest insights into its performance and outlook.
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Elecon Engineering Company Ltd is Rated Sell
2026-01-20 10:10:59Elecon Engineering Company Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 09 January 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 20 January 2026, providing investors with the most up-to-date view of the company’s performance and outlook.
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