Eimco Elecon (India) Ltd. (EIMCOELECO) Share Price Rises 8.73% Today
- August 17, 2026
- Posted by: Harsh Piplani
- Category: News
Eimco Elecon (India) Ltd. traded at Rs 2,186.20, up 8.73% today, taking its market capitalisation to Rs 1,159.85 crore.
Eimco Elecon (India) Ltd. Share Price rose to Rs 2,186.20 on 17 August 2026, up 8.73% or Rs 175.50 from the previous close of Rs 2,010.70. With a market capitalisation of Rs 1,159.85 crore, the company sits in the Small Cap category, and that made today’s move notable in Stock Market Today screens tracking top gainers and market movers.
The supplied data confirms the price event clearly: the stock opened at Rs 2,039.00, moved within a day range of Rs 2,037.35 to Rs 2,211.00, and was trading close to the upper end of that range at the time of publication. Total traded volume stood at 2,31,053 shares, including 12,313 shares on BSE and 2,18,740 shares on NSE, while turnover was Rs 2.69 crore. That combination of a strong same-day gain and meaningful trading participation is why Eimco Elecon (India) Ltd. Share Price Today is drawing attention.
As for why the stock is rising, the verified data establishes the price rise, the intraday strength and the participation levels, but it does not establish a company-specific catalyst. For investors scanning Eimco Elecon (India) Ltd. Stock News, the more useful near-term questions are whether the move was broad through the session, how valuations compare with the engineering equipment industry, and whether the company’s profitability metrics support sustained investor attention. Univest’s review below focuses on those measurable factors rather than speculation.
Eimco Elecon (India) Ltd. (EIMCOELECO) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 2,186.2 |
| Previous Close | Rs 2,010.7 |
| Today's Change | +Rs 175.5 (+8.73%) |
| Day Open | Rs 2,039 |
| Day High | Rs 2,211 |
| Day Low | Rs 2,037.35 |
| Current Volume (BSE) | 12,313 |
| BSE Traded Volume | 12,313 |
| NSE Traded Volume | 2,18,740 |
| Combined NSE + BSE Volume | 2,31,053 |
| Turnover | Rs 2.69 crore |
| Market Capitalisation | Rs 1,159.85 crore |
| Market Cap Category | Small Cap |
Eimco Elecon (India) Ltd. (EIMCOELECO) traded at Rs 2,186.2. versus the previous close of Rs 2,010.7, a rise of 8.73%. The stock opened at Rs 2,039, reached Rs 2,211, touched Rs 2,037.35. Reported volume was 12,313.
Eimco Elecon (India) Ltd. (EIMCOELECO) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,159.85 crore |
| P/E Ratio | 29.28x |
| P/B Ratio | 2.4x |
| ROE | 2.63% |
| ROCE | 3.17% |
| EPS | Rs 68.67 |
| Dividend Yield | 0.2% |
Eimco Elecon (India) Ltd. was valued at a P/E ratio of 29.28x, a P/B ratio of 2.4x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of 2.63% and ROCE of 3.17%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Per-share and shareholder-return metrics included EPS of Rs 68.67, dividend yield of 0.2%. Dividend yield is a current or historical ratio and does not guarantee future distributions.
Eimco Elecon (India) Ltd. Fundamental Analysis starts with size and valuation. The company’s market capitalisation stands at Rs 1,159.85 crore, placing it in the small-cap segment of the Indian stock market. Its P/E ratio is 29.28 and its P/B ratio is 2.40. On their own, those numbers simply describe how the market is valuing earnings and net worth; they do not say whether the stock is cheap or expensive unless compared with industry benchmarks and peers, which we do later in this article.
The profitability profile in the supplied data is modest rather than strong. Return on equity is 2.63% and return on capital employed is 3.17%. Those figures show that the company is generating positive returns, but at a low level relative to the capital base implied in the ratios. That is an important part of any Eimco Elecon (India) Ltd. Stock Analysis, because a sharp price rise can coexist with subdued profitability metrics.
The earnings data adds another anchor. EPS is Rs 68.67, which represents earnings attributable to each share based on the supplied figure. Against the current share price of Rs 2,186.20, that EPS aligns with the stated P/E of 29.28 and helps explain how the market is pricing current earnings power. Dividend yield is 0.20, which indicates a historical or current payout level relative to price, but not any assured future distribution. For investors reviewing Eimco Elecon (India) Ltd. Financial Results or broader company financials, this means the stock currently offers a low yield component.
The practical takeaway from the fundamental side is mixed. Eimco Elecon (India) Ltd. Share Price has moved sharply higher today, but the supplied return ratios do not yet describe a high-ROE or high-ROCE business. At the same time, the valuation multiples are not extreme in the context of some industry names with far higher P/E or P/B readings. That makes sector and peer comparison especially important, because today’s price rise is easier to interpret when placed against the broader Engineering – Industrial Equipments universe tracked by Univest.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Engineering – Industrial Equipments |
| Benchmark Scope | same industry |
| Company P/E Ratio | 29.28x |
| Benchmark Median P/E | 22.79x |
| Benchmark Average P/E | 65.56x |
| Benchmark P/E Range | 0.3x to 3,574.2x |
| Company P/B Ratio | 2.4x |
| Benchmark Median P/B | 2.33x |
| Company ROE | 2.63% |
| Benchmark Median ROE | 10.29% |
| Company ROCE | 3.17% |
| Benchmark Median ROCE | 12.38% |
| Company Market Capitalisation | Rs 1,159.85 crore |
| Benchmark Median Market Cap | Rs 193.84 crore |
Eimco Elecon (India) Ltd. (EIMCOELECO) is classified under sector: Capital Goods and industry: Engineering – Industrial Equipments.
Eimco Elecon (India) Ltd. (EIMCOELECO) has a P/E ratio of 29.28x, which is above the benchmark median of 22.79x, a difference of +28.48%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Eimco Elecon (India) Ltd. (EIMCOELECO) has a ROE of 2.63%, which is below the benchmark median of 10.29%, a difference of -74.44%. Eimco Elecon (India) Ltd. (EIMCOELECO) has a ROCE of 3.17%, which is below the benchmark median of 12.38%, a difference of -74.39%.
Track today’s top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.
Eimco Elecon (India) Ltd. operates in the Capital Goods sector and the Engineering – Industrial Equipments industry, so the most relevant benchmark is the supplied same-industry snapshot covering 139 companies. That benchmark is useful because it shows where the company stands on valuation, profitability and scale relative to a broad listed universe rather than a single peer.
On valuation, the company’s P/E ratio of 29.28 sits above the industry median P/E of 22.79 calculated from 119 companies, but well below the industry average P/E of 65.56. The range is unusually wide, from 0.30 to 3,574.20, which suggests that the average is influenced by outliers. In that context, Eimco Elecon (India) Ltd. Share Price is trading on a P/E that is moderately above the median but nowhere near the most stretched end of the sector range.
The P/B ratio tells a similar story. The company’s P/B of 2.40 is slightly above the benchmark median of 2.33 and far below the benchmark average of 10.40 across 139 companies. The range runs from -90.44 to 1,076.73, again indicating highly dispersed valuations in the industry. On a book-value basis, the stock appears close to the sector middle rather than at an extreme premium.
Profitability is where the contrast is sharper. Company ROE is 2.63% against an industry median of 10.29% and average of 7.94% from 136 companies. Company ROCE is 3.17% versus a median of 12.38% and average of 11.42%, also from 136 companies. This places the business below the industry’s central profitability markers on both measures. In size terms, however, the company is larger than the industry median market capitalisation of Rs 193.84 crore and also above the average of Rs 481.44 crore, with its own market capitalisation at Rs 1,159.85 crore. So the picture from a Univest sector lens is clear: valuation is around the broader middle, size is above typical industry levels, but profitability metrics trail the benchmark medians.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Windsor Machines Ltd. | WINDMACHIN | 3,122.41 | 464.51 | 4.01 | 3.87 | 4.98 |
| Jash Engineering Ltd. | JASH | 3,090.17 | 35.88 | 5.9 | 22.64 | 21.36 |
| Concord Control Systems Ltd. | CNCRD | 2,555.72 | 62.86 | 14.06 | 33.89 | 29.55 |
| JNK India Ltd. | JNKINDIA | 2,552.62 | 33.89 | 4.42 | 44.75 | 52.78 |
| HLE Glascoat Ltd. | HLEGLAS | 2,276.38 | 63.62 | 4.25 | 54.6 | 41.93 |
Eimco Elecon (India) Ltd. (EIMCOELECO) has a P/E ratio of 29.28x compared with the displayed peer median of 62.86x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 2.63% compares with a peer median of 33.89% across the companies shown in the table. ROCE stood at 3.17% versus the displayed peer median of 29.55%, providing a capital-efficiency comparison. Eimco Elecon (India) Ltd. (EIMCOELECO) has a market capitalisation of Rs 1,159.85 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Eimco Elecon (India) Ltd. Share Price also becomes easier to assess when set beside listed peers in the same industry. In market-cap terms, the company at Rs 1,159.85 crore is smaller than all ten supplied peers, which range from Macpower CNC Machines at Rs 1,750.03 crore to Windsor Machines at Rs 3,122.41 crore. That means today’s move came in a stock that is smaller than these reference names, even though it sits above the broader industry median size.
On P/E, Eimco Elecon is at 29.28. That is below Jash Engineering at 35.88, JNK India at 33.89, Concord Control Systems at 62.86, HLE Glascoat at 63.62, OBSC Perfection at 81.51, Macpower CNC Machines at 44.99 and far below Windsor Machines at 464.51 or Kabra Extrusiontechnik at 3,574.20. It is, however, above Kilburn Engineering at 22.79. This suggests the stock is not among the most richly valued names in the peer set on earnings, but neither is it at the lowest end.
P/B at 2.40 is lower than Windsor Machines at 4.01, Jash Engineering at 5.90, Concord Control Systems at 14.06, JNK India at 4.42, HLE Glascoat at 4.25, OBSC Perfection at 12.14, Kabra Extrusiontechnik at 4.12 and Macpower CNC Machines at 9.47. It is close to Kilburn Engineering at 2.52 and above HMT’s negative P/B of -1.02. So on book value, the stock sits toward the lower half of this peer group.
The more challenging comparison lies in return ratios. ROE of 2.63% is lower than Windsor Machines at 3.87%, Jash Engineering at 22.64%, Concord Control Systems at 33.89%, JNK India at 44.75%, HLE Glascoat at 54.60%, OBSC Perfection at 27.11%, Kabra Extrusiontechnik at 9.97% and Macpower CNC Machines at 8.68%. It is only above HMT at 0% and Kilburn Engineering at -121.35%. ROCE of 3.17% tells a similar story, trailing most peers except HMT at 0% and Kilburn Engineering at -63.75%. That makes today’s Eimco Elecon (India) Ltd. Share Price Rise notable from a price-action perspective, while the peer data suggests investors may continue to scrutinise profitability closely.
Why Investors Are Watching Eimco Elecon (India) Ltd.
Eimco Elecon (India) Ltd. Share Price is on investor radar because today’s move combined a sizable gain, a firm intraday structure and visible participation. In a Share Market Today environment where traders often scan Top Gainers Today and Stocks Rising Today, this stock stands out not just for being up 8.73%, but for holding close to the day’s high while trading with measurable turnover.
- Price action: The stock rose Rs 175.50 to Rs 2,186.20 from Rs 2,010.70, with an intraday high of Rs 2,211.00 and low of Rs 2,037.35.
- Volume: Total volume was 2,31,053 shares, including 2,18,740 shares on NSE and 12,313 shares on BSE, with turnover of Rs 2.69 crore.
- Fundamentals: P/E is 29.28, P/B is 2.40, EPS is Rs 68.67, ROE is 2.63%, ROCE is 3.17% and dividend yield is 0.20.
- Sector position: The stock’s P/E is above the industry median of 22.79 but below the average of 65.56, while return ratios sit below sector medians.
- Peer context: Valuation is lower than many peers on P/E and P/B, but profitability trails most supplied comparison names.
What investors may monitor next is whether Eimco Elecon (India) Ltd. Share Price continues to hold near today’s upper range and whether future company updates improve the return profile relative to peers. Univest would also watch how the stock behaves against the backdrop of the Capital Goods and Engineering – Industrial Equipments space, where valuation dispersion is wide and profitability differences are substantial.
About Eimco Elecon (India) Ltd.
Eimco Elecon (India) Ltd. is classified in the Capital Goods sector and the Engineering – Industrial Equipments industry. Even with limited company-description fields in the supplied dataset, that classification is useful because it places the business within a manufacturing and equipment-oriented segment of the listed market, where investors often track valuation multiples, return ratios, market capitalisation and peer positioning together.
For readers following Eimco Elecon (India) Ltd. Share News and company news, the most relevant verified context here is where the business sits in its listed industry universe. The same-industry benchmark includes 139 companies, showing that this is a broad and diverse segment. Eimco Elecon’s market capitalisation of Rs 1,159.85 crore is well above the industry median of Rs 193.84 crore and above the average of Rs 481.44 crore, indicating that it is not among the smallest listed names in its space.
At the same time, the company’s profitability metrics of 2.63% ROE and 3.17% ROCE place it below the sector’s median profitability levels, while its valuation multiples of 29.28 P/E and 2.40 P/B sit closer to the middle of the industry distribution. In practical terms, that means Eimco Elecon (India) Ltd. Stock Performance is currently attracting attention more from today’s market move and its valuation position than from standout return ratios in the supplied data. That combination is precisely why the stock is showing up in today’s market update screens on Univest.
Track Eimco Elecon (India) Ltd. Share Price on Univest
Use Eimco Elecon (India) Ltd. (EIMCOELECO) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.
Investors who want a structured view beyond one trading session can track Eimco Elecon (India) Ltd. Share Price on Univest for live price updates, market capitalisation, valuation ratios and broader stock analysis. Univest also helps users follow intraday moves, 52-week levels, sector context, peer comparison and key market data points that shape how a stock is being evaluated in real time.
For readers searching Eimco Elecon (India) Ltd. Share Price Today, Eimco Elecon (India) Ltd. Stock News or Eimco Elecon (India) Ltd. Latest News, the advantage of a platform view is that price action can be read alongside fundamentals, sector benchmarks and market context rather than in isolation. That makes it easier to track whether a stock remains one of the market movers after a strong single-day gain.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Eimco Elecon (India) Ltd. Share Price in focus today?
Ans. Eimco Elecon (India) Ltd. Share Price is in focus because the stock rose 8.73% to Rs 2,186.20 from the previous close of Rs 2,010.70, placing it among notable gainers in today’s market session.
What was the latest move in Eimco Elecon (India) Ltd. Share Price Today?
Ans. The stock gained Rs 175.50 in the session, moving from Rs 2,010.70 to Rs 2,186.20. It opened at Rs 2,039.00 and traded within an intraday range of Rs 2,037.35 to Rs 2,211.00.
What does today’s intraday range indicate for the stock?
Ans. The stock traded between Rs 2,037.35 and Rs 2,211.00 and stayed close to the upper end of that range. That suggests much of the day’s gain was retained instead of being fully reversed later.
How much volume was seen in the stock today?
Ans. Total traded volume stood at 2,31,053 shares. Of this, 2,18,740 shares were on NSE and 12,313 shares were on BSE, while the reported turnover for the session was Rs 2.69 crore.
What is the market capitalisation of Eimco Elecon (India) Ltd.?
Ans. Eimco Elecon (India) Ltd. has a market capitalisation of Rs 1,159.85 crore. The stock is classified in the Small Cap category, which gives context to the scale and visibility of today’s price rise.
How is the stock valued on P/E and P/B?
Ans. The stock trades at a P/E ratio of 29.28 and a P/B ratio of 2.40. Those figures place valuation above the industry median P/E of 22.79 and near the median P/B of 2.33.
What do the company’s profitability ratios show?
Ans. The supplied profitability ratios show ROE of 2.63% and ROCE of 3.17%. Both are positive, but they are below the industry medians of 10.29% for ROE and 12.38% for ROCE.
What are the key per-share metrics investors may note?
Ans. EPS is Rs 68.67, showing earnings attributable to each share based on the supplied data. Dividend yield is 0.20, indicating a low historical or current payout level relative to the current market price.
How does Eimco Elecon compare with its industry benchmark?
Ans. Within the same-industry benchmark of 139 companies, Eimco Elecon’s market capitalisation is above both the median and average. Its valuation is around the middle, while ROE and ROCE remain below industry medians.
How does the stock compare with selected peers?
Ans. Compared with supplied peers such as Jash Engineering, JNK India and HLE Glascoat, Eimco Elecon has a lower market capitalisation and generally lower ROE and ROCE, while its P/E and P/B are below many peer valuations.