Elecon Engineering Company (ELECON) Share Price Falls 5.05% Today
- October 1, 2026
- Posted by: Kunal Singla
- Category: News
Elecon Engineering Company Share Price moved lower today, with the stock trading at Rs 436.75, down 5.05% from the previous close, while market capitalisation stood at Rs 10,322.4 crore. The move places Elecon Engineering Company Share Price firmly in focus for investors tracking Capital Goods names and Elecon Engineering Company Share Price Today updates. The price move is confirmed in Univest data; a company-specific reason has not been established. The decline matters because it comes in a Mid Cap stock with a market valuation that remains above the sector median, and because the day’s price action can be measured clearly against its opening level, intraday high and low. For readers following Elecon Engineering Company Stock News, the key question is not just the fall itself, but what the price, fundamentals and sector benchmark say together.
According to latest Univest figures, the Elecon Engineering Company Share Price is being watched for the combination of a sharp intraday move and relatively firm profitability ratios. The latest Univest figures also show that the company’s valuation sits in the context of a broad Engineering – Industrial Equipments peer set, which makes the day’s decline more relevant for stock analysis than a simple one-line move. This Elecon Engineering Company Share Price update therefore needs both price action and fundamental analysis to be read side by side.
Elecon Engineering Company (ELECON) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 436.75 |
| Previous Close | Rs 460 |
| Today's Move | -Rs 23.25 (-5.05%) |
| Open | Rs 457.75 |
| High | Rs 465.15 |
| Low | Rs 434.4 |
| Market Capitalisation | Rs 10,322.4 crore |
| Market Cap Category | Mid Cap |
Elecon Engineering Company Share Price opened at Rs 457.75, touched a high of Rs 465.15 and a low of Rs 434.4, and was last traded at Rs 436.75 as of 21 October 2026 at 11:23:16 AM IST. The stock is down Rs 23.25 from the previous close of Rs 460, which translates into a 5.05% fall. In market-cap terms, the company stands at Rs 10,322.4 crore and is classified as a Mid Cap. That makes the Elecon Engineering Company Share Price move material enough to matter for intraday readers, but it is still only one latest session in the broader Elecon Engineering Company Share Price Today narrative. The gap between the day’s high and low shows a wide trading band, and the stock is now sitting closer to the day’s low than to the day’s high. For investors scanning Elecon Engineering Company Stock News, this is the cleanest summary of what happened in price terms before moving to the fundamentals.
The latest Univest figures indicate that the Elecon Engineering Company Share Price has moved back below the previous close after opening near that level, which makes the day’s decline visible in both the opening print and the intraday range. That sets up the next question for Elecon Engineering Company Share Price analysis: whether the company’s financial ratios and sector valuation context justify the attention the stock is drawing today.
Elecon Engineering Company (ELECON) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 10,322.4 crore |
| P/E Ratio | 42.19x |
| P/B Ratio | 4.11x |
| ROE | 15.85% |
| ROCE | 22.27% |
| EPS | Rs 10.9 |
| Book Value Per Share | Rs 111.82 |
| Dividend Yield | 0.43% |
Elecon Engineering Company (ELECON) fundamental metrics show P/E 42.19x, P/B 4.11x, ROE 15.85%, ROCE 22.27%. These ratios show where the company stands today and are not a call to buy or sell.
Elecon Engineering Company has a market capitalisation of Rs 10,322.40 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 42.19x, P/B at 4.11x 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. According to latest Univest data, additional metrics include EPS of Rs 10.9, book value per share of Rs 111.82, dividend yield of 0.43%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 28.31x, median ROE of 13.51%, median ROCE of 15.96%. Together they describe the fundamental backdrop without implying 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 | 42.19x |
| Benchmark Median P/E | 28.31x |
| Benchmark Average P/E | 51.72x |
| Benchmark P/E Range | 0.75x to 721.38x |
| Company P/B Ratio | 4.11x |
| Benchmark Median P/B | 2.96x |
| Benchmark Average P/B | 8.93x |
| Company ROE | 15.85% |
| Benchmark Median ROE | 13.51% |
| Benchmark Average ROE | 18.65% |
| Company ROCE | 22.27% |
| Benchmark Median ROCE | 15.96% |
| Benchmark Average ROCE | 18.38% |
| Company Market Capitalisation | Rs 10,322.4 crore |
| Benchmark Median Market Cap | Rs 343.94 crore |
| Benchmark Average Market Cap | Rs 2,729.72 crore |
Elecon Engineering Company (ELECON) operates in the Capital Goods sector, within the Engineering – Industrial Equipments industry.
Elecon Engineering Company (ELECON) has a P/E ratio of 42.19x, which is above the benchmark median of 28.31x, a difference of +49.03%. A P/E difference of this kind is a reference point rather than a recommendation.
Elecon Engineering Company (ELECON) has a ROE of 15.85%, which is above the benchmark median of 13.51%, a difference of +17.32%. Elecon Engineering Company (ELECON) has a ROCE of 22.27%, which is above the benchmark median of 15.96%, a difference of +39.54%.
Track stocks among today's decliners through the Univest top decliners 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 | BHEL | 1,48,858.21 | 51.71 | 5.56 | 6.29 | 9.24 |
| Thermax | THERMAX | 38,542.3 | 64.96 | 6.93 | 13.76 | 15.85 |
| Jyoti CNC Automation | JYOTICNC | 22,174.89 | 68.93 | 10.77 | 18.22 | 21.34 |
| Inox India | INOXINDIA | 18,210.4 | 71.46 | 15.62 | 26.11 | 33.54 |
| Azad Engineering | AZAD | 17,369.91 | 124.98 | 11.11 | 9.14 | 12.04 |
Elecon Engineering Company (ELECON) has a P/E ratio of 42.19x compared with the displayed peer median of 68.93x. 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 (ELECON) has a market capitalisation of Rs 10,322.4 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Elecon Engineering Company
- Elecon Engineering Company Share Price fell 5.05% today, making the latest session important for short-term stock analysis.
- The company’s P/E of 42.19 is below several selected peers, which keeps Elecon Engineering Company Share Price in valuation focus.
- ROE of 15.85% and ROCE of 22.27% are both above the industry medians, supporting the fundamental analysis view.
- Market capitalisation of Rs 10,322.4 crore places the stock in the Mid Cap category and above the sector median company size.
- Capital Goods sector benchmarking shows a valuation that is not low-valued, but the returns remain stronger than the group median.
About Elecon Engineering Company
Elecon Engineering Company operates in the Capital Goods sector and belongs to the Engineering – Industrial Equipments industry. The company works in industrial engineering equipment, which places it in a business line where asset quality, execution and return ratios matter to investors. Elecon Engineering Company Share Price reflects how the market values that business profile at a given point in time, while the company’s fundamentals provide context for the longer-term stock story. With a market capitalisation of Rs 10,322.4 crore, it sits meaningfully above the industry median company size in the benchmark set. For readers following Elecon Engineering Company Share Price Today, the company is best viewed through its sector role, return metrics and valuation profile rather than through any short-term market label.
Track Elecon Engineering Company Share Price on Univest
Use Elecon Engineering Company (ELECON) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Investors tracking Elecon Engineering Company Share Price can use Univest to follow live price movement, valuation ratios, 52-week levels and company-specific market insights in one place. The latest Univest figures help readers connect the price fall with fundamentals, sector context and peer comparison without losing the broader stock story. Elecon Engineering Company Share Price updates on Univest are built for quick reading and deeper analysis.
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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why did Elecon Engineering Company Share Price fall today?
Ans. Elecon Engineering Company Share Price fell 5.05% today to Rs 436.75. The price move is confirmed in Univest data; a company-specific reason has not been established. The move should be read through price action and valuation context.
What is the current Elecon Engineering Company Share Price today?
Ans. Elecon Engineering Company Share Price was last traded at Rs 436.75 as of 21 October 2026 at 11:23:16 AM IST. It moved between Rs 434.4 and Rs 465.15 during the latest session.
How much did Elecon Engineering Company Share Price change today?
Ans. Elecon Engineering Company Share Price declined by Rs 23.25 from the previous close of Rs 460. That amounts to a 5.05% fall, making it a meaningful intraday move for investors tracking the stock.
What is Elecon Engineering Company’s market capitalisation?
Ans. Elecon Engineering Company has a market capitalisation of Rs 10,322.4 crore. The company is classified as a Mid Cap stock, which places Elecon Engineering Company Share Price in a broad and active benchmark set.
Is Elecon Engineering Company expensive compared with peers?
Ans. Elecon Engineering Company Share Price trades at a P/E of 42.19, which is below the P/E of the selected peers shown in the comparison set. That makes it lower-valued on earnings multiple than the named peers, though not low versus.
How strong are Elecon Engineering Company’s returns?
Ans. Elecon Engineering Company reports ROE of 15.85% and ROCE of 22.27%. Both are above the same-industry medians, which gives Elecon Engineering Company Share Price supportive return metrics in the current fundamental analysis.
What does Elecon Engineering Company EPS and book value show?
Ans. EPS is Rs 10.9 and book value is Rs 111.82 per share. EPS reflects earnings attributable to each share, while book value shows the accounting net worth behind each share in Elecon Engineering Company Share Price analysis.
What is the dividend yield for Elecon Engineering Company?
Ans. Elecon Engineering Company has a dividend yield of 0.43%. This is historical payout context relative to the current price and should be read alongside Elecon Engineering Company Share Price, not as a future payout promise.
How does Elecon Engineering Company compare with the Capital Goods sector?
Ans. In the same-industry benchmark, Elecon Engineering Company Share Price has a P/E above the median and ROE and ROCE above the medians. That places it in a stronger return bracket than many peers, even with a higher valuation.
