Dividend Record Date Today: Elecon Share Price After a 2:1 Bonus History and 500% Returns in 5 Years. Do You Own This Multibagger?
- October 21, 2026
- Posted by: Neeraj Pandey
- Category: News
The Elecon share price was Rs 437.10 at 10:05 AM IST on 21 Oct 2026, down about 5% from Rs 460.20, on the record date for its Re 0.50 interim dividend. The headline does not name the stock. The 21 Oct record date, the 2:1 bonus in the record and the multibagger run match Elecon Engineering, so please confirm it is the stock you own. A Rs 76 to Rs 86 price in Oct 2021 implies a gain of about 4.1 to 5.7 times (my calculation).
Quick Answer
Elecon Engineering fixed 21 Oct 2026 as the record date for an interim dividend of Re 0.50 per share, payable on or after 4 Nov. The Elecon share price is about Rs 437, roughly 24% below its 52-week high of Rs 579, but about 4 to 5.7 times its Oct 2021 level, which is the multibagger run the headline refers to. The company has paid dividends in most years since 2007, issued one bonus (2:1, ex-date 10 Oct 2007) and split its Rs 2 share into two Re 1 shares on 19 Jul 2024. Q2 FY27 profit rose 9% to Rs 96 crore, but H1 profit is still about 36% lower than a year ago.
A record date decides who gets the dividend, and on the same day the Elecon share price goes ex-dividend, so it adjusts by roughly the payout. At Re 0.50 against a price near Rs 437 the effect is about 0.1%, so the 5% fall today has another cause, and no single reason was reported (my reading of the data).
This guide covers the live snapshot, the dividend and bonus history, the five-year return math, Q2 FY27 numbers, valuation and the risks. It is educational and not a recommendation to buy or sell the share.
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Elecon Share Price Today: Live Snapshot
| Item | Detail on 21 Oct 2026 (10:05 AM IST) |
|---|---|
| Previous close of the Elecon share price | Rs 460.20 |
| Open and day high of the Elecon share price | Rs 456.55 and Rs 465.80 |
| Day low and last trade of the Elecon share price | Rs 437.10 and Rs 437.10, down about 5.0% (NSE) |
| Volume in the Elecon share price on NSE | About 3.3 lakh shares |
| 52-week range | Rs 352.00 to Rs 579.00 |
| Below the 52-week high | About 24.5% (my calculation) |
| Above the 52-week low | About 24.2% (my calculation) |
The Elecon share price jumped as much as 14% to Rs 501.80 on 14 Oct, when Q2 results and the dividend were announced, and weekly data show a high of Rs 509.60 that week. That gain has now been mostly given back.
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Elecon Dividend Record Date and Payout
| Item | Detail |
|---|---|
| Type | Interim dividend for FY 2026-27 |
| Amount | Re 0.50 per share, which is 50% of the Re 1 face value |
| Record date and ex-date | 21 Oct 2026 |
| Payment | On or after 4 Nov 2026 |
| Trailing dividend yield | About 0.33% to 0.39%, depending on the data provider |
To receive the dividend a buyer needed to hold the shares before the ex-date, so anyone buying now will not receive it. Data providers differ on the yield of the Elecon share price, because one counts the last twelve months of payouts and the other uses the 2025-26 final dividend, and the gap is small.
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Elecon Dividend History: How Consistent Is It?
| Ex-date | Dividend per share |
|---|---|
| 12 Jun 2026 | Rs 1.50 |
| 16 Oct 2025 | Rs 0.50 |
| 13 Jun 2025 | Rs 1.50 |
| 28 Oct 2024 | Rs 0.50 |
| 14 Jun 2024 | Rs 2.00 |
| 31 Oct 2023 | Rs 1.00 |
| 9 Jun 2023 | Rs 2.00 |
| 9 Jun 2022 | Rs 1.00 and Rs 0.40 |
| 22 Jul 2021 | Rs 0.40 |
The table comes from a Motilal Oswal corporate actions page and shows payments in most years back to 2007, with no payout listed for 2020. The amounts before July 2024 were paid on the older Rs 2 face value, so they are not directly comparable with the Re 1 share, and I did not adjust them. One source gave the June 2025 and June 2026 payouts differently, so check the exchange record before relying on a single year.
2:1 Bonus and Split History Behind the Elecon Share Price
| Date | Action | Detail |
|---|---|---|
| 10 Oct 2007 | Bonus issue | Ratio listed as 2:1; the only bonus issue in the data I found |
| 19 Jul 2024 | Stock split | Face value cut from Rs 2 to Re 1, a 1:2 split |
The headline refers to the 2:1 bonus, which is nearly two decades old. Providers do not always agree on how to read a bonus ratio, so check the company’s filing for the exact number of new shares per share held. The more recent corporate action is the 2024 split, which doubled the share count and halved the price, and it is the reason older prices on charts look lower than what investors paid. Today’s Elecon share price reflects both actions.
Risk: Because of the split and the bonus, long-term return figures for the Elecon share price depend on adjusted prices. Compare your own buy price with an adjusted chart, not with the headline number.
The 500% Return in 5 Years: Checking the Math
| Start point (adjusted weekly close) | Price | Gain in the Elecon share price to Rs 437 (my calculation) |
|---|---|---|
| Week of 4 Oct 2021 | Rs 86.18 | About 407% |
| Week of 11 Oct 2021 | Rs 83.08 | About 426% |
| Week of 18 Oct 2021 | Rs 76.45 | About 472% |
| Week of 27 Sep 2021 | Rs 84.18 | About 419% |
The headline says 500%, which is a round figure. By my calculation the gain ranged from about 407% to 472% depending on the start week, so it is close to 5 times and not quite 6 times. The five-year period includes a peak of about Rs 739 in Oct 2024 and a drawdown to about Rs 352, and the one-year return was negative on one data page.
Risk: A 5-year gain can hide a deep fall in the last year. The Elecon share price is about 24% below its high today.
Elecon Q2 FY27 Results and Valuation
| Metric | Q2 FY27 | Change |
|---|---|---|
| Revenue | Rs 639 crore | Up 10.5% year on year |
| EBITDA | Rs 148 crore | Up 17.5% |
| EBITDA margin | 23.1% | Up from 21.7% |
| Consolidated net profit | Rs 96 crore | Up 9% |
| H1 FY27 net profit | Rs 167 crore | Down 36.5% from Rs 263 crore |
Sources round the Q2 figures slightly differently, for example revenue of Rs 639 crore or Rs 640 crore and net profit of Rs 96.35 crore or Rs 96.4 crore, and none disclosed why profit growth trailed EBITDA growth. At about Rs 11,457 crore of market capitalisation and a price-to-earnings of about 49, the Elecon share price already assumes steady growth, and the promoter holding of 59.27% is high. I could not find the order book or guidance numbers.
What to Watch Next for the Elecon Share Price
- Whether the Elecon share price holds the Rs 437 area after the fall from the 14 Oct jump
- The order book and any guidance from the investor meeting reported for 21 Oct in Mumbai
- Whether profit growth catches up with the 17.5% EBITDA growth in Q3
- The 4 Nov dividend payment and the next interim dividend decision
- Any bonus or split proposal, since none is announced now
Conclusion
The Elecon share price is near Rs 437 on a record date that pays only Re 0.50, so the dividend matters less than the bigger story: a multibagger run of roughly 4 to 5.7 times in five years, a 5% fall today and a 24% gap to the 52-week high. Check your holding against the adjusted chart and the next quarter before you decide.
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
What is the Elecon share price today?
Ans. The stock traded at Rs 437.10 on NSE at 10:05 AM IST on 21 Oct 2026, down about 5% from Rs 460.20. Its 52-week range is Rs 352 to Rs 579, so it is about 24% below the high.
What is the Elecon dividend record date, and does it move the Elecon share price?
Ans. The record date and ex-date for the interim dividend of Re 0.50 per share are both 21 Oct 2026. The payment is due on or after 4 Nov 2026, and buyers after the ex-date do not receive it.
Is the Elecon share price a multibagger over 5 years?
Ans. Yes by price, because weekly closes of Rs 76 to Rs 86 in Oct 2021 imply a gain of about 407% to 472% to Rs 437 by my calculation. The headline rounds this to 500%, and the figure depends on adjusted prices after the split.
When did Elecon issue a bonus that affects the Elecon share price?
Ans. The data I found lists one bonus issue, with an ex-date of 10 Oct 2007 and a ratio of 2:1. Check the company filing for how many new shares were issued per share held.
Did a split change the Elecon share price?
Ans. Yes. On 19 Jul 2024 the face value was reduced from Rs 2 to Re 1, which doubled the number of shares and halved the price. Older dividend and price data should be read with that change in mind.
How did Q2 FY27 results affect the Elecon share price?
Ans. Revenue rose 10.5% to Rs 639 crore, EBITDA rose 17.5% to Rs 148 crore and net profit rose 9% to Rs 96 crore. Half-year profit is still down about 36.5% from last year.
What are the risks for the Elecon share price?
Ans. The stock is priced at about 49 times earnings, profit growth trailed EBITDA growth and H1 profit is down. The Elecon share price also fell 5% on the record date, and the order book was not available.
Is this article investment advice?
Ans. No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.
