{"id":284186,"date":"2026-10-01T14:00:34","date_gmt":"2026-10-01T08:30:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=284186"},"modified":"2026-10-01T14:00:34","modified_gmt":"2026-10-01T08:30:34","slug":"why-elecon-engineering-company-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/","title":{"rendered":"Elecon Engineering Company (ELECON) Share Price Falls 5.14% on 01 October 2026"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/elecon\/elecon-engineering-company-ltd-share-price-today\">Elecon Engineering Company (ELECON)<\/a> share price fell to Rs 438.5 today, down 5.14% from the previous close. Market cap was Rs 10,767.83 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">Elecon Engineering Company Share Price is trading at Rs 438.5, down 5.14% today, with market capitalisation at Rs 10,767.83 crore. According to Univest data, the price event is confirmed, but no company-specific catalyst is established. The move keeps Elecon Engineering Company Share Price in focus as investors track whether the decline is only a one-day price reset or part of a broader reaction to valuation and sector comparison. Elecon Engineering Company Share Price Today matters because the stock is a Mid Cap in the capital goods space, and its current pricing needs to be read alongside earnings quality, return ratios and peer multiples. Elecon Engineering Company Stock News is therefore not only about the fall; it is also about how the stock stands versus the wider industrial equipment set and what the latest numbers indicate for Elecon Engineering Company Share Price today.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#Elecon_Engineering_Company_ELECON_Share_Price_Today_Price_Action_Analysis\" title=\"Elecon Engineering Company (ELECON) Share Price Today: Price Action Analysis\">Elecon Engineering Company (ELECON) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#Elecon_Engineering_Company_ELECON_Fundamental_Analysis\" title=\"Elecon Engineering Company (ELECON) Fundamental Analysis\">Elecon Engineering Company (ELECON) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#Why_Investors_Are_Watching_Elecon_Engineering_Company\" title=\"Why Investors Are Watching Elecon Engineering Company\">Why Investors Are Watching Elecon Engineering Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#About_Elecon_Engineering_Company\" title=\"About Elecon Engineering Company\">About Elecon Engineering Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#Track_Elecon_Engineering_Company_Share_Price_on_Univest\" title=\"Track Elecon Engineering Company Share Price on Univest\">Track Elecon Engineering Company Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#Why_is_Elecon_Engineering_Company_Share_Price_falling_today\" title=\"Why is Elecon Engineering Company Share Price falling today?\">Why is Elecon Engineering Company Share Price falling today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#What_is_Elecon_Engineering_Company_Share_Price_today\" title=\"What is Elecon Engineering Company Share Price today?\">What is Elecon Engineering Company Share Price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#What_is_the_market_capitalisation_of_Elecon_Engineering_Company\" title=\"What is the market capitalisation of Elecon Engineering Company?\">What is the market capitalisation of Elecon Engineering Company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#What_does_Elecon_Engineering_Company_Fundamental_Analysis_show\" title=\"What does Elecon Engineering Company Fundamental Analysis show?\">What does Elecon Engineering Company Fundamental Analysis show?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#How_does_Elecon_Engineering_Company_compare_with_sector_peers\" title=\"How does Elecon Engineering Company compare with sector peers?\">How does Elecon Engineering Company compare with sector peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#Is_Elecon_Engineering_Company_Share_Price_expensive\" title=\"Is Elecon Engineering Company Share Price expensive?\">Is Elecon Engineering Company Share Price expensive?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#What_are_the_key_ratios_for_Elecon_Engineering_Company\" title=\"What are the key ratios for Elecon Engineering Company?\">What are the key ratios for Elecon Engineering Company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-share-price-fall-today-2026\/#Should_investors_track_Elecon_Engineering_Company_Share_Price_on_Univest\" title=\"Should investors track Elecon Engineering Company Share Price on Univest?\">Should investors track Elecon Engineering Company Share Price on Univest?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Elecon_Engineering_Company_ELECON_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Elecon Engineering Company (ELECON) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 438.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 462.25<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 23.75 (-5.14%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 462.25<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 464.95<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 436.85<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 10,767.83 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Mid Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Elecon Engineering Company Share Price opened at Rs 462.25, exactly at the previous close, touched a high of Rs 464.95 and a low of Rs 436.85 before last trading at Rs 438.5. The day change is Rs -23.75, or -5.14%, and that places the stock near the lower end of the day\u2019s range. The market capitalisation of Rs 10,767.83 crore places Elecon Engineering Company Share Price in the Mid Cap category. For readers tracking Elecon Engineering Company Share Price Today, the sequence is straightforward: the stock began flat, moved slightly higher, and then weakened into the lower band of the day. This kind of move is important because it shows where Elecon Engineering Company Share Price was transacted during the current session, not where it may go next. The next layer of analysis is the valuation base behind the move, which is where Elecon Engineering Company Fundamental Analysis becomes relevant.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Elecon_Engineering_Company_ELECON_Fundamental_Analysis\"><\/span><strong>Elecon Engineering Company (ELECON) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 10,767.83 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">43.94x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">4.37x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.85%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">22.27%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 10.52<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 105.89<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.43%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Elecon Engineering Company (ELECON) fundamental metrics show P\/E 43.94x, P\/B 4.37x, ROE 15.85%, ROCE 22.27%. These figures provide context only and are not a buy or sell signal.<\/p>\n<p>Elecon Engineering Company has a market capitalisation of Rs 10,767.83 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 43.94x, P\/B at 4.37x 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 10.52, book value per share of Rs 105.89, 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 28.24x, median ROE of 13.51%, median ROCE of 15.86%. Taken together, they outline the fundamentals rather than a view on the stock.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Capital Goods<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Engineering &#8211; Industrial Equipments<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">43.94x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">28.24x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">88.36x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.65x to 5,533.92x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">4.37x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.89x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">10.12x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.85%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.51%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">19.92%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">22.27%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.86%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">18.89%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 10,767.83 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 367.38 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2,854.42 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Elecon Engineering Company (ELECON) operates in the Capital Goods sector, within the Engineering &#8211; Industrial Equipments industry.<\/p>\n<p>Elecon Engineering Company (ELECON) has a P\/E ratio of 43.94x, which is above the benchmark median of 28.24x, a difference of +55.59%. On its own, the P\/E gap is a valuation reference point, not a trading call.<\/p>\n<p>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 15.86%, a difference of +40.42%.<\/p>\n<p>Track stocks among today&#39;s decliners through the <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/bhel\/bharat-heavy-electricals-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Bharat Heavy Electricals<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">BHEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,43,948.5<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">59.41<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.45<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.24<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/thermax\/thermax-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Thermax<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">THERMAX<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">39,222.68<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">68.09<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.26<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">13.76<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.85<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jyoticnc\/jyoti-cnc-automation-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Jyoti CNC Automation<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JYOTICNC<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">24,197.82<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">73.26<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.45<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18.22<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.34<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/inoxindia\/inox-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Inox India<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">INOXINDIA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18,841.41<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">73.02<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.96<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">26.11<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">33.54<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/azad\/azad-engineering-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Azad Engineering<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">AZAD<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18,826.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">137.77<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.24<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.14<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.04<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Elecon Engineering Company (ELECON) has a P\/E ratio of 43.94x compared with the displayed peer median of 73.02x. This peer read is a relative benchmark rather than a trading 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 10,767.83 crore. All 5 peers shown have a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Elecon_Engineering_Company\"><\/span><strong>Why Investors Are Watching Elecon Engineering Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Elecon Engineering Company Share Price fell 5.14% today, making the intraday move a key point in Elecon Engineering Company Stock News.<\/li>\n<li>The stock is trading at Rs 438.5 against a previous close of Rs 462.25, so the gap is visible in Elecon Engineering Company Share Price Today.<\/li>\n<li>Market capitalisation at Rs 10,767.83 crore keeps Elecon Engineering Company Share Price in the Mid Cap category.<\/li>\n<li>P\/E at 43.94 and P\/B at 4.37 show that Elecon Engineering Company Fundamental Analysis remains important after the fall.<\/li>\n<li>ROE of 15.85%, ROCE of 22.27%, EPS of Rs 10.52 and book value of Rs 105.89 provide the core financial context for Elecon Engineering Company Share Price.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Elecon_Engineering_Company\"><\/span><strong>About Elecon Engineering Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Elecon Engineering Company operates in the Capital Goods sector and the Engineering &#8211; Industrial Equipments industry. The company is part of a manufacturing and engineering space that serves industrial applications, so Elecon Engineering Company Share Price is tied to how investors read the business\u2019s earnings base, capital efficiency and valuation. The latest metrics show a company with a market capitalisation of Rs 10,767.83 crore, an EPS of Rs 10.52 and book value of Rs 105.89. The dividend yield of 0.43% indicates a income component relative to the share price, while ROE and ROCE suggest a meaningful return profile for a capital goods name. For readers following Elecon Engineering Company Share News, the company\u2019s position in the industrial equipment set is what makes each shift in Elecon Engineering Company Share Price relevant.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Elecon_Engineering_Company_Share_Price_on_Univest\"><\/span><strong>Track Elecon Engineering Company Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/elecon\/elecon-engineering-company-ltd-share-price-today\">Elecon Engineering Company (ELECON) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top decliners and related market analysis.<\/p>\n<p>Readers can track Elecon Engineering Company Share Price on Univest for live updates, fundamental ratios, 52-week levels and market insights in one place. Univest also helps compare Elecon Engineering Company Share Price Today with sector peers, valuation metrics and company overview data. If you follow Elecon Engineering Company Stock News or Elecon Engineering Company Latest News, the same page keeps the share price update and key financial context aligned.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Elecon_Engineering_Company_Share_Price_falling_today\"><\/span><strong>Why is Elecon Engineering Company Share Price falling today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Elecon Engineering Company Share Price is down 5.14% today to Rs 438.5. According to Univest data, the move is confirmed, but no company-specific catalyst is established. The stock opened at Rs 462.25 and traded between Rs 436.85 and Rs 464.95.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Elecon_Engineering_Company_Share_Price_today\"><\/span><strong>What is Elecon Engineering Company Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Elecon Engineering Company Share Price is trading at Rs 438.5 as of 01 October 2026 at 1:53:01 PM IST. The previous close was Rs 462.25, so the current move shows a decline of Rs 23.75.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_Elecon_Engineering_Company\"><\/span><strong>What is the market capitalisation of Elecon Engineering Company?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Elecon Engineering Company has a market capitalisation of Rs 10,767.83 crore. That places Elecon Engineering Company Share Price in the Mid Cap category and gives useful context for valuation and peer comparison within Capital Goods.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Elecon_Engineering_Company_Fundamental_Analysis_show\"><\/span><strong>What does Elecon Engineering Company Fundamental Analysis show?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Elecon Engineering Company Fundamental Analysis shows a P\/E of 43.94, P\/B of 4.37, ROE of 15.85% and ROCE of 22.27%. EPS is Rs 10.52 and book value is Rs 105.89, so valuation and return ratios remain central.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Elecon_Engineering_Company_compare_with_sector_peers\"><\/span><strong>How does Elecon Engineering Company compare with sector peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Elecon Engineering Company Share Price compares with peers such as Bharat Heavy Electricals, Thermax, Jyoti CNC Automation and Inox India. Its P\/E is below several peers, while ROCE is stronger than some and weaker than the best in the set.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Elecon_Engineering_Company_Share_Price_expensive\"><\/span><strong>Is Elecon Engineering Company Share Price expensive?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Elecon Engineering Company Share Price trades at a P\/E of 43.94 and P\/B of 4.37. These are above the industry medians of 28.24 and 2.89, so the stock is priced above benchmark medians.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_ratios_for_Elecon_Engineering_Company\"><\/span><strong>What are the key ratios for Elecon Engineering Company?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The key ratios for Elecon Engineering Company Share Price are P\/E at 43.94, P\/B at 4.37, ROE at 15.85%, ROCE at 22.27%, EPS at Rs 10.52 and dividend yield at 0.43%. These define the current financial profile.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_investors_track_Elecon_Engineering_Company_Share_Price_on_Univest\"><\/span><strong>Should investors track Elecon Engineering Company Share Price on Univest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Yes, investors tracking Elecon Engineering Company Share Price can use Univest for live share price updates, fundamental ratios, 52-week levels and market context. That helps keep Elecon Engineering Company Share News aligned with valuation and sector comparison.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why is Elecon Engineering Company Share Price falling today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Elecon Engineering Company Share Price is down 5.14% today to Rs 438.5. 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Market cap stands at Rs 10,767.83 crore.<\/p>\n","protected":false},"author":35,"featured_media":284185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-284186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["284185"],"rank_math_title":["Elecon Engineering Company Share Price Falls 5.14% Today"],"rank_math_description":["Elecon Engineering Company Share Price fell 5.14% to Rs 438.5. 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