Elgi Equipments (ELGIEQUIP) Share Price Falls 5.01% as Mid Cap Slides to Rs 543.55
- September 9, 2026
- Posted by: Kunal Singla
- Category: News
Elgi Equipments Share Price fell to Rs 543.55 on 19 October 2026 at 3:23:11 PM IST, down 5.01% from the previous close, with market capitalisation at Rs 18,133.53 crore. The move places Elgi Equipments Share Price in focus for investors tracking Elgi Equipments Share Price Today, Elgi Equipments Stock News and Elgi Equipments Share Price Update in the Capital Goods space. According to Univest data, the price event is confirmed, but no company-specific catalyst is established. The stock is a Mid Cap company, so the day’s decline is being viewed through a company-size lens as well as through its valuation and peer positioning. Within the first part of the session, Elgi Equipments Share Price moved between Rs 571.2 and Rs 543, and that range frames the session so far. The key questions now are what the price action shows, how the fundamentals read, and where the stock sits versus peers in Compressors / Pumps.
Elgi Equipments (ELGIEQUIP) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 543.55 |
| Previous Close | Rs 572.2 |
| Today's Move | -Rs 28.65 (-5.01%) |
| Open | Rs 571.15 |
| High | Rs 571.2 |
| Low | Rs 543 |
| Market Capitalisation | Rs 18,133.53 crore |
| Market Cap Category | Mid Cap |
Elgi Equipments Share Price Today shows a clear intraday decline from the previous close of Rs 572.2 to Rs 543.55, a fall of Rs 28.65 or 5.01%. The stock opened at Rs 571.15, touched a high of Rs 571.2 and a low of Rs 543. The current price is close to the day’s low, which keeps Elgi Equipments Share Price, Elgi Equipments Share Price Today and Elgi Equipments Share Price Fall at the centre of market discussion. With market capitalisation of Rs 18,133.53 crore and a Mid Cap classification, the stock remains a meaningful name in the listed Capital Goods universe. As of 19 October 2026 at 3:23:11 PM IST, Elgi Equipments Share Price is trading below both the opening level and the prior close, and that makes the session’s direction easy to read from the numbers alone. The next section looks at whether fundamentals and valuation add any extra context to this Elgi Equipments Share Price move.
Elgi Equipments (ELGIEQUIP) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 18,133.53 crore |
| P/E Ratio | 40.49x |
| P/B Ratio | 7.81x |
| ROE | 21.09% |
| ROCE | 24.39% |
| EPS | Rs 14.13 |
| Book Value Per Share | Rs 73.28 |
| Dividend Yield | 0.47% |
Elgi Equipments (ELGIEQUIP) fundamental metrics show P/E 40.49x, P/B 7.81x, ROE 21.09%, ROCE 24.39%. These figures provide context only and are not a buy or sell signal.
Elgi Equipments has a market capitalisation of Rs 18,133.53 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 40.49x, P/B at 7.81x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 21.09% and ROCE of 24.39%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 14.13, book value per share of Rs 73.28, dividend yield of 0.47%, 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 35.82x, median ROE of 15.86%, median ROCE of 19.79%. Taken together, they outline the fundamentals rather than a view on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Compressors / Pumps |
| Benchmark Scope | same industry |
| Company P/E Ratio | 40.49x |
| Benchmark Median P/E | 35.82x |
| Benchmark Average P/E | 48.26x |
| Benchmark P/E Range | 7.03x to 219.49x |
| Company P/B Ratio | 7.81x |
| Benchmark Median P/B | 4.61x |
| Benchmark Average P/B | 5.08x |
| Company ROE | 21.09% |
| Benchmark Median ROE | 15.86% |
| Benchmark Average ROE | 16.06% |
| Company ROCE | 24.39% |
| Benchmark Median ROCE | 19.79% |
| Benchmark Average ROCE | 21.49% |
| Company Market Capitalisation | Rs 18,133.53 crore |
| Benchmark Median Market Cap | Rs 4,295.56 crore |
| Benchmark Average Market Cap | Rs 6,134.33 crore |
Elgi Equipments (ELGIEQUIP) operates in the Capital Goods sector, within the Compressors / Pumps industry.
Elgi Equipments (ELGIEQUIP) has a P/E ratio of 40.49x, which is above the benchmark median of 35.82x, a difference of +13.04%. On its own, the P/E gap is a valuation reference point, not a trading call.
Elgi Equipments (ELGIEQUIP) has a ROE of 21.09%, which is above the benchmark median of 15.86%, a difference of +32.98%. Elgi Equipments (ELGIEQUIP) has a ROCE of 24.39%, which is above the benchmark median of 19.79%, a difference of +23.24%.
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 (%) |
|---|---|---|---|---|---|---|
| KSB | KSB | 13,564.62 | 55.25 | 7.99 | 17.1 | 22.98 |
| Kirloskar Brothers | KIRLOSBROS | 13,376.83 | 35.82 | 5.29 | 15.86 | 19.79 |
| Ingersoll-Rand (India) | INGERRAND | 12,800.35 | 47.85 | 18.81 | 42.1 | 56.31 |
| Dynamatic Technologies | DYNAMATECH | 9,313 | 219.49 | 11.44 | 4.29 | 8.88 |
| Kirloskar Pneumatic Company | KIRLPNU | 8,288.84 | 31.53 | 6.51 | 21.84 | 28.95 |
Elgi Equipments (ELGIEQUIP) has a P/E ratio of 40.49x compared with the displayed peer median of 47.85x. This peer read is a relative benchmark rather than a trading signal. Its ROE of 21.09% compares with a peer median of 17.1% across the companies shown in the table. ROCE stood at 24.39% versus the displayed peer median of 22.98%, providing a capital-efficiency comparison. Elgi Equipments (ELGIEQUIP) has a market capitalisation of Rs 18,133.53 crore. It is larger by market capitalisation than all 5 peers shown.
Why Investors Are Watching Elgi Equipments
- Elgi Equipments Share Price fell 5.01% to Rs 543.55, so today’s price action is the first data point investors will track.
- Elgi Equipments Share Price Today is near the day’s low of Rs 543, which keeps intraday range analysis relevant.
- Elgi Equipments Fundamental Analysis shows ROE of 21.09% and ROCE of 24.39%, both above the industry benchmark median.
- Elgi Equipments Share Price trades at 40.49 times earnings, above the benchmark median and below the benchmark average.
- Elgi Equipments Share Price News remains relevant because the company is a Mid Cap name in Capital Goods with Rs 18,133.53 crore market capitalisation.
About Elgi Equipments
Elgi Equipments operates in the Capital Goods sector and the Compressors / Pumps industry. Elgi Equipments Share Price is linked to a company that is tracked by investors for its market position in industrial equipment. The business context available here is industry-specific rather than product-specific, so the focus stays on its listed identity, sector, and valuation profile. For readers following Elgi Equipments Share Price, the important point is that the company belongs to a Mid Cap universe and is compared directly with peers in the same industry benchmark. That makes Elgi Equipments Share Price part of the broader industrial and capital goods discussion rather than a standalone price move.
Track Elgi Equipments Share Price on Univest
Use Elgi Equipments (ELGIEQUIP) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Investors can track Elgi Equipments Share Price on Univest for live price updates, fundamental ratios, 52-week levels and market insights in one place. Univest also helps readers follow Elgi Equipments Stock News, Elgi Equipments Share Price Today and Elgi Equipments Share Price Update without switching between multiple screens. The company’s sector, peer set and valuation context are all part of the same stock view, making Univest a useful reference point for ongoing monitoring.
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
What is Elgi Equipments Share Price today?
Ans. Elgi Equipments Share Price was Rs 543.55 at 19 October 2026 at 3:23:11 PM IST. It was down 5.01% from the previous close of Rs 572.2, placing the stock near the day’s low.
Why is Elgi Equipments Share Price falling today?
Ans. According to Univest data, the price event is confirmed, but no company-specific catalyst is established. Elgi Equipments Share Price moved lower during the session and traded between Rs 571.2 and Rs 543.
How much did Elgi Equipments Share Price decline?
Ans. Elgi Equipments Share Price declined by Rs 28.65, or 5.01%, from the previous close. The session opened at Rs 571.15 and later touched a low of Rs 543 before trading at Rs 543.55.
What is Elgi Equipments market capitalisation?
Ans. Elgi Equipments has a market capitalisation of Rs 18,133.53 crore. It is classified as a Mid Cap company, which provides size context for Elgi Equipments Share Price and its peer comparison in Capital Goods.
What do Elgi Equipments valuation ratios show?
Ans. Elgi Equipments Share Price is valued at 40.49 times earnings and 7.81 times book value. These ratios sit above the same-industry median on both counts, so the stock is not trading on a low multiple basis.
How strong are Elgi Equipments returns versus peers?
Ans. Elgi Equipments reports ROE of 21.09% and ROCE of 24.39%, both above the same-industry median and average. That places Elgi Equipments Share Price ahead of several peers on return metrics, though not on every valuation measure.
What are Elgi Equipments EPS and book value?
Ans. Elgi Equipments reports EPS of Rs 14.13 and book value of Rs 73.28 per share. EPS shows earnings attributable to each share, while book value shows the accounting net worth behind each share in Elgi Equipments Share Price.
What is Elgi Equipments dividend yield?
Ans. Elgi Equipments has a dividend yield of 0.47%. That figure is a historical or current payout measure relative to the share price, and it is part of the broader Elgi Equipments Fundamental Analysis.
How does Elgi Equipments compare with sector peers?
Ans. Elgi Equipments Share Price sits above the same-industry median market cap and above the benchmark median on ROE and ROCE. Compared with peers such as KSB, Kirloskar Brothers and Ingersoll-Rand, it stays competitive on profitability.
