Elecon Engineering Company Ltd. (ELECON): Elecon Engineering Company Share Price rises 5.22% today
- September 23, 2026
- Posted by: Harsh Piplani
- Category: News
Elecon Engineering Company Share Price moved to Rs 442.35 today, up 5.22% from the previous close of Rs 420.40, with market capitalisation at Rs 9,276.69 crore. The stock opened at Rs 422.25, touched a high of Rs 444.20 and a low of Rs 420.60, while turnover stood at Rs 0.54 crore. This same-day price rise places Elecon Engineering Company Ltd. among the notable movers in its segment, and the verified data shows a stronger session without establishing a company-specific catalyst. For readers tracking Elecon Engineering Company Share Price Today, the immediate reference points are the day’s range, the close-to-open improvement and how the move fits with the company’s valuation and sector backdrop. Univest is covering the move as part of its live stock news and analysis flow.
In this Elecon Engineering Company Stock News update, the rise is relevant because it comes alongside a market capitalisation that is above the industry median and a valuation profile that sits above the same-industry median on both P/E and P/B. Univest’s review also shows that the company’s profitability ratios are ahead of the benchmark median, which gives the move more context than price alone. The key question for investors is not why the move happened, but what the supply data and valuation data actually confirm today. Elecon Engineering Company Share Price Update readers can therefore focus on the day’s price action, the company’s capital goods positioning and how the stock compares with listed peers in the same industry.
Elecon Engineering Company Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 442.35 |
| Previous Close | Rs 420.4 |
| Today's Move | Rs 21.95 (+5.22%) |
| Open | Rs 422.25 |
| High | Rs 444.2 |
| Low | Rs 420.6 |
| Turnover | Rs 0.54 crore |
| Market Capitalisation | Rs 9,276.69 crore |
| Market Cap Category | Mid Cap |
Elecon Engineering Company Ltd. (ELECON) rose to Rs 442.35 from the previous close of Rs 420.4, a move of Rs 21.95 or 5.22%. The stock opened at Rs 422.25, reached a high of Rs 444.2, recorded a low of Rs 420.6.
Elecon Engineering Company Share Price today rose by Rs 21.95, or 5.22%, from Rs 420.40 to Rs 442.35. The stock moved between Rs 420.60 and Rs 444.20 during the session, and the close finished near the day’s high. The opening price was Rs 422.25, which shows the session stayed above the prior close for most of the day. Turnover was Rs 0.54 crore. This is the factual price pattern visible in the Elecon Engineering Company Share Price move today, and it confirms a clear share price gain without attaching a company-specific reason. On Univest, this is the first layer of the stock analysis: what changed in price, how far it moved, and where the close landed within the day’s range.
Elecon Engineering Company Ltd. (ELECON) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 9,276.69 crore |
| P/E Ratio | 39.96x |
| P/B Ratio | 3.97x |
| ROE | 15.85% |
| ROCE | 22.27% |
| EPS | Rs 10.52 |
| Book Value Per Share | Rs 105.89 |
| Dividend Yield | 0.48% |
Elecon Engineering Company Ltd. (ELECON) fundamental metrics show P/E 39.96x, P/B 3.97x, ROE 15.85%, ROCE 22.27%. These figures provide context only and are not a buy or sell signal.
Elecon Engineering Company Ltd. has a market capitalisation of Rs 9276.69 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 39.96x, P/B at 3.97x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 15.85% and ROCE of 22.27%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 10.52, book value per share of Rs 105.89, dividend yield of 0.48%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 28.68x, median ROE of 13.59%, median ROCE of 15.96%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Engineering – Industrial Equipments |
| Benchmark Scope | same industry |
| Company P/E Ratio | 39.96x |
| Benchmark Median P/E | 28.68x |
| Benchmark Average P/E | 81.58x |
| Benchmark P/E Range | 0.56x to 4,596.48x |
| Company P/B Ratio | 3.97x |
| Benchmark Median P/B | 2.82x |
| Company ROE | 15.85% |
| Benchmark Median ROE | 13.59% |
| Company ROCE | 22.27% |
| Benchmark Median ROCE | 15.96% |
| Company Market Capitalisation | Rs 9,276.69 crore |
| Benchmark Median Market Cap | Rs 365.31 crore |
Elecon Engineering Company Ltd. (ELECON) is classified under sector: Capital Goods and industry: Engineering – Industrial Equipments.
Elecon Engineering Company Ltd. (ELECON) has a P/E ratio of 39.96x, which is above the benchmark median of 28.68x, a difference of +39.33%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Elecon Engineering Company Ltd. (ELECON) has a ROE of 15.85%, which is above the benchmark median of 13.59%, a difference of +16.63%. Elecon Engineering Company Ltd. (ELECON) has a ROCE of 22.27%, which is above the benchmark median of 15.96%, a difference of +39.54%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Bharat Heavy Electricals Ltd. | BHEL | 1,50,860.39 | 61.02 | 5.6 | 6.29 | 9.24 |
| Thermax Ltd. | THERMAX | 42,669.28 | 69.78 | 7.44 | 13.76 | 15.85 |
| Jyoti CNC Automation Ltd. | JYOTICNC | 25,325.84 | 76.74 | 11.99 | 18.22 | 21.34 |
| Inox India Ltd. | INOXINDIA | 18,960.51 | 76.45 | 16.71 | 26.11 | 33.54 |
| Azad Engineering Ltd. | AZAD | 17,839.74 | 128.94 | 11.46 | 9.14 | 12.04 |
Elecon Engineering Company Ltd. (ELECON) has a P/E ratio of 39.96x compared with the displayed peer median of 76.45x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 15.85% compares with a peer median of 13.76% across the companies shown in the table. ROCE stood at 22.27% versus the displayed peer median of 15.85%, providing a capital-efficiency comparison. Elecon Engineering Company Ltd. (ELECON) has a market capitalisation of Rs 9,276.69 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Elecon Engineering Company
- Elecon Engineering Company Share Price rose 5.22% today to Rs 442.35, after closing above the previous close of Rs 420.40.
- The day’s range was Rs 420.60 to Rs 444.20, and the stock finished near the high of the session.
- Market capitalisation stands at Rs 9,276.69 crore, which is above the same-industry median of Rs 365.31 crore.
- P/E is 39.96, P/B is 3.97, ROE is 15.85% and ROCE is 22.27%, giving the move a clear fundamentals backdrop.
- The stock’s P/E is below all five peers listed here, while ROE and ROCE are stronger than some peers and weaker than others.
About Elecon Engineering Company
Elecon Engineering Company Ltd. operates in the Capital Goods sector and the Engineering – Industrial Equipments industry. The company’s business is associated with industrial equipment, which places it within an engineering segment that is typically judged on operating efficiency, asset use and valuation discipline. In the context of Elecon Engineering Company Latest News, today’s share price rise matters because it comes from a business with a defined industrial role and measurable profitability ratios.
The supplied data does not include a segment split or revenue mix, so the most reliable way to describe the business is through its sector position and the market data attached to it. Market capitalisation, P/E, P/B, ROE, ROCE, EPS, book value and dividend yield together show how the company is currently being read by the market. For readers using Univest to follow Elecon Engineering Company Stock Performance, this company overview helps connect the stock move with the business profile rather than treating it as a standalone headline.
Track Elecon Engineering Company Share Price on Univest
Use Elecon Engineering Company Ltd. (ELECON) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Investors can track Elecon Engineering Company Share Price live on Univest along with key fundamentals, shareholding pattern, valuation ratios, 52-week levels and market insights. The platform brings together Elecon Engineering Company Share News, company updates and comparison views in one place, making it easier to follow the stock across price, financial and sector context.
Univest also helps readers review Elecon Engineering Company Share Price Today alongside company ratios such as P/E, P/B, ROE, ROCE, EPS, book value and dividend yield. For those monitoring Elecon Engineering Company Stock News and Elecon Engineering Company Financial Results, the same page format keeps the analysis structured and current.
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 did Elecon Engineering Company Share Price rise today?
Ans. Elecon Engineering Company Share Price rose 5.22% to Rs 442.35 today, but the supplied data does not establish a company-specific catalyst. The verified move is supported by the session’s high, low, open and close.
What is Elecon Engineering Company Share Price today?
Ans. Elecon Engineering Company Share Price today is Rs 442.35. The stock gained Rs 21.95 from the previous close of Rs 420.40, with the session ranging between Rs 420.60 and Rs 444.20.
What is Elecon Engineering Company market capitalisation?
Ans. Elecon Engineering Company has a market capitalisation of Rs 9,276.69 crore. That is higher than the same-industry median in the supplied benchmark and helps frame the stock within the Capital Goods sector.
How does Elecon Engineering Company compare with peers?
Ans. Elecon Engineering Company’s P/E of 39.96 is lower than the five peers listed here, while ROE and ROCE sit between the stronger and weaker peer readings. Its market cap is also smaller than each peer in the set.
What does Elecon Engineering Company fundamental analysis show?
Ans. The fundamentals show P/E of 39.96, P/B of 3.97, ROE of 15.85%, ROCE of 22.27%, EPS of Rs 10.52, book value of Rs 105.89 and dividend yield of 0.48%. These figures provide valuation and profitability context.
Is Elecon Engineering Company expensive compared with its industry?
Ans. Elecon Engineering Company trades above the same-industry median on both P/E and P/B, so it is valued higher than the median company in the benchmark. Its ROE and ROCE are also above the benchmark median.
What should investors monitor in Elecon Engineering Company Share Price next?
Ans. Investors can monitor whether Elecon Engineering Company Share Price stays near the day’s high, how turnover develops, and whether future company updates alter the current valuation and profitability picture shown by today’s data.
