{"id":307801,"date":"2026-10-14T13:26:01","date_gmt":"2026-10-14T07:56:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=307801"},"modified":"2026-10-14T13:26:01","modified_gmt":"2026-10-14T07:56:01","slug":"why-elecon-engineering-company-ltd-share-consecutive-price-rise-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-ltd-share-consecutive-price-rise-2026\/","title":{"rendered":"Elecon Engineering Company Ltd. (ELECON) Share Price Rise Streak in Second Straight Session"},"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 Ltd. (ELECON)<\/a> share price rose to Rs 476.2 today, up 8.35% from the previous close. Market cap was Rs 9,181.32 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">Elecon Engineering Company Ltd. Share Price is trading higher in its second straight session, with the cumulative move across the streak standing at 16.39% from Rs 409.15. At Rs 476.2, the latest trade is up 8.35% today.<\/p>\n<p>Elecon Engineering Company Ltd. Share Price Rise Streak matters because it places the move in sequence, not as a single-day jump. The company\u2019s market capitalisation stands at Rs 9,181.32 Cr, so the latest run is already large enough to change how the valuation is read against the Capital Goods peer set. For readers tracking ELECON on Univest, the main question is not only what the price did today, but how the second straight session changes the valuation picture, the sector comparison and the context around the latest financial numbers.<\/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-ltd-share-consecutive-price-rise-2026\/#Elecon_Engineering_Company_Ltd_Share_Price_Rise_Streak_Consecutive_Gain_Analysis\" title=\"Elecon Engineering Company Ltd. Share Price Rise Streak: Consecutive Gain Analysis\">Elecon Engineering Company Ltd. Share Price Rise Streak: Consecutive Gain 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-ltd-share-consecutive-price-rise-2026\/#What_the_Consecutive_Gains_Show\" title=\"What the Consecutive Gains Show\">What the Consecutive Gains Show<\/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-ltd-share-consecutive-price-rise-2026\/#Latest_News_Around_Elecon_Engineering_Company_Ltd_ELECON\" title=\"Latest News Around Elecon Engineering Company Ltd. (ELECON)\">Latest News Around Elecon Engineering Company Ltd. (ELECON)<\/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-ltd-share-consecutive-price-rise-2026\/#Elecon_Engineering_Company_Ltd_ELECON_Fundamental_Analysis\" title=\"Elecon Engineering Company Ltd. (ELECON) Fundamental Analysis\">Elecon Engineering Company Ltd. (ELECON) Fundamental Analysis<\/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-ltd-share-consecutive-price-rise-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-6\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-ltd-share-consecutive-price-rise-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-7\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-ltd-share-consecutive-price-rise-2026\/#Why_Investors_Are_Watching_Elecon_Engineering_Company_Ltd\" title=\"Why Investors Are Watching Elecon Engineering Company Ltd.\">Why Investors Are Watching Elecon Engineering Company Ltd.<\/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-ltd-share-consecutive-price-rise-2026\/#About_Elecon_Engineering_Company_Ltd\" title=\"About Elecon Engineering Company Ltd.\">About Elecon Engineering Company Ltd.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-ltd-share-consecutive-price-rise-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-10\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-ltd-share-consecutive-price-rise-2026\/#What_is_the_latest_Elecon_Engineering_Company_Ltd_Share_Price\" title=\"What is the latest Elecon Engineering Company Ltd. Share Price?\">What is the latest Elecon Engineering Company Ltd. Share Price?<\/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-ltd-share-consecutive-price-rise-2026\/#Why_is_Elecon_Engineering_Company_Ltd_Share_Price_rising_today\" title=\"Why is Elecon Engineering Company Ltd. Share Price rising today?\">Why is Elecon Engineering Company Ltd. Share Price rising today?<\/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-ltd-share-consecutive-price-rise-2026\/#What_does_the_Elecon_Engineering_Company_Ltd_Share_Price_Rise_Streak_mean\" title=\"What does the Elecon Engineering Company Ltd. Share Price Rise Streak mean?\">What does the Elecon Engineering Company Ltd. Share Price Rise Streak mean?<\/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-ltd-share-consecutive-price-rise-2026\/#How_did_Elecon_Engineering_Company_Ltd_trade_today\" title=\"How did Elecon Engineering Company Ltd. trade today?\">How did Elecon Engineering Company Ltd. trade today?<\/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-ltd-share-consecutive-price-rise-2026\/#What_is_Elecon_Engineering_Company_Ltd_Share_Price_valuation_after_the_streak\" title=\"What is Elecon Engineering Company Ltd. Share Price valuation after the streak?\">What is Elecon Engineering Company Ltd. Share Price valuation after the streak?<\/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-ltd-share-consecutive-price-rise-2026\/#How_does_Elecon_compare_with_the_industry_benchmark\" title=\"How does Elecon compare with the industry benchmark?\">How does Elecon compare with the industry benchmark?<\/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-ltd-share-consecutive-price-rise-2026\/#What_are_Elecons_key_fundamental_ratios\" title=\"What are Elecon\u2019s key fundamental ratios?\">What are Elecon\u2019s key fundamental ratios?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-ltd-share-consecutive-price-rise-2026\/#Who_are_Elecons_listed_peers\" title=\"Who are Elecon\u2019s listed peers?\">Who are Elecon\u2019s listed peers?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/why-elecon-engineering-company-ltd-share-consecutive-price-rise-2026\/#Track_Elecon_Engineering_Company_Ltd_Share_Price_on_Univest\" title=\"Track Elecon Engineering Company Ltd. Share Price on Univest\">Track Elecon Engineering Company Ltd. Share Price on Univest<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Elecon_Engineering_Company_Ltd_Share_Price_Rise_Streak_Consecutive_Gain_Analysis\"><\/span><strong>Elecon Engineering Company Ltd. Share Price Rise Streak: Consecutive Gain Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Elecon Engineering Company Ltd. Share Price is trading higher in the second straight session, and the latest move keeps the stock in focus on Univest. The share is at Rs 476.2, up 8.35% today, with market capitalisation at Rs 9,181.32 Cr. The cumulative rise across the streak is 16.39% from Rs 409.15.<\/p>\n<p>Elecon Engineering Company Ltd. Share Price Rise Streak is more informative than a one-session move because it shows how the stock has carried gains across consecutive trading days. That matters for Elecon Engineering Company Ltd. Share Price readers because the valuation, sector benchmark and peer context now need to be read after the latest price level, not only before it. For investors following ELECON Share Price Today, the key lens is whether the numbers support the move that has developed over the second straight session and what fresh ratios say about the stock\u2019s standing in Capital Goods.<\/p>\n<p>Elecon Engineering Company Ltd. (ELECON) rose to Rs 476.2 from the previous close of Rs 439.5, a move of Rs 36.7 or 8.35%. The stock opened at Rs 440.45, reached a high of Rs 477.05, recorded a low of Rs 434.85.<\/p>\n<p>The latest Elecon Engineering Company Ltd. Share Price move shows a firm intraday position, with the stock trading at Rs 476.2 against the previous close of Rs 439.5. The rupee change is Rs 36.7, and the percentage move is 8.35%. The stock opened at Rs 440.45, touched a high of Rs 477.05 and a low of Rs 434.85, placing the latest traded price near the upper end of the day\u2019s range. Market capitalisation stands at Rs 9,181.32 Cr.<\/p>\n<p>For readers tracking Elecon Engineering Company Ltd. Share Price Today, the pattern is straightforward: the stock moved above the prior close early in the session and remained close to the day\u2019s high. That does not by itself explain why ELECON moved, but it does show where the latest trade sits relative to the day\u2019s range. This is the right starting point for Elecon Engineering Company Ltd. Share Price analysis because the second straight session is being formed through price action, while the next step is to read the business and valuation context around it.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_the_Consecutive_Gains_Show\"><\/span><strong>What the Consecutive Gains Show<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Elecon Engineering Company Ltd. Share Price Rise Streak is now a second straight session, and the cumulative gain across the run is 16.39% from Rs 409.15. That gives the move a different character from an isolated intraday rise. The streak framing matters because it shows the stock has carried higher trade levels over two sessions rather than reacting in one burst.<\/p>\n<p>For ELECON Share Price watchers, the useful takeaway is limited to what the numbers establish. The latest trade of Rs 476.2 is materially above the streak\u2019s starting base, and today\u2019s 8.35% move extends the sequence.In that setting, the Elecon Engineering Company Ltd. Share Price Rise Streak becomes a sequencing story first and a single-session move second.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Latest_News_Around_Elecon_Engineering_Company_Ltd_ELECON\"><\/span><strong>Latest News Around Elecon Engineering Company Ltd. (ELECON)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"news-context\">According to recent news reports, there are three items from 14 Oct around the latest ELECON move. One item at 01:18 pm says EBITDA rose to 1.48 billion rupees from 1.26 billion rupees year-over-year, while EBITDA margin improved to 23.15% from 21.7%. A second item, also at 01:18 pm, says Q2 revenue came in at 6.4 billion rupees versus 5.8 billion rupees a year earlier. A third item at 01:17 pm says consolidated net profit rose to 964 million rupees from 877 million rupees year-over-year. These items may be linked to the price strength, but the market data itself does not establish a single confirmed cause.<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Elecon_Engineering_Company_Ltd_ELECON_Fundamental_Analysis\"><\/span><strong>Elecon Engineering Company Ltd. (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<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<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 9,181.32 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;\">41.78x<\/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;\">4.15x<\/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;\">0.46%<\/td>\n<\/tr>\n<\/table>\n<p>Elecon Engineering Company Ltd. (ELECON) fundamental metrics show P\/E 41.78x, P\/B 4.15x, ROE 15.85%, ROCE 22.27%. These ratios show where the company stands today and are not a call to buy or sell.<\/p>\n<p>Elecon Engineering Company Ltd. has a market capitalisation of Rs 9,181.32 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 41.78x, P\/B at 4.15x 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 0.46%, 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 28.73x, median ROE of 13.59%, median ROCE of 15.96%. Together they describe the fundamental backdrop without implying a buy or sell view.<\/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<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<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;\">41.78x<\/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;\">28.73x<\/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;\">90.3x<\/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;\">0.75x to 6,173.19x<\/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;\">4.15x<\/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;\">2.85x<\/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;\">13.59%<\/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;\">15.96%<\/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 9,181.32 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 342.16 crore<\/td>\n<\/tr>\n<\/table>\n<p>Elecon Engineering Company Ltd. (ELECON) operates in the Capital Goods sector, within the Engineering &#8211; Industrial Equipments industry.<\/p>\n<p>Elecon Engineering Company Ltd. (ELECON) has a P\/E ratio of 41.78x, which is above the benchmark median of 28.73x, a difference of +45.42%. A P\/E difference of this kind is a reference point rather than a recommendation.<\/p>\n<p>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%.<\/p>\n<p>Track stocks leading today through the <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers 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 Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">BHEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,52,932.22<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">63.27<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.81<\/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 Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">THERMAX<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">39,434.78<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">66.31<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.07<\/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 Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JYOTICNC<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23,138.03<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">72.23<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.29<\/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\/azad\/azad-engineering-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Azad Engineering Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">AZAD<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19,180.45<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">138.73<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.33<\/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<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 Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">INOXINDIA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18,910.05<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">74.34<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.25<\/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<\/tbody>\n<\/table>\n<p>Elecon Engineering Company Ltd. (ELECON) has a P\/E ratio of 41.78x compared with the displayed peer median of 72.23x. 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 9,181.32 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_Ltd\"><\/span><strong>Why Investors Are Watching Elecon Engineering Company Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Elecon Engineering Company Ltd. Share Price is in a second straight session, with a 16.39% cumulative rise from Rs 409.15.<\/li>\n<li>The latest trade at Rs 476.2 keeps ELECON close to the day\u2019s high of Rs 477.05.<\/li>\n<li>The company\u2019s Q2 revenue, EBITDA and consolidated net profit figures give the move a financial-results backdrop.<\/li>\n<li>ROE of 15.85% and ROCE of 22.27% place Elecon above the industry median on both return measures.<\/li>\n<li>The Elecon Engineering Company Ltd. Share Price Rise Streak now trades at a higher P\/E and P\/B than the industry medians.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Elecon_Engineering_Company_Ltd\"><\/span><strong>About Elecon Engineering Company Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Elecon Engineering Company Ltd. operates in Capital Goods and the Engineering &#8211; Industrial Equipments industry. For readers following Elecon Engineering Company Ltd. Share Price Rise Streak, the useful business context is that the company belongs to a sector where machinery, equipment and industrial project demand often shape how investors read quarterly numbers. The latest results cited above show revenue growth, higher EBITDA and a stronger margin profile, which help frame why the stock remains active on Univest.<\/p>\n<p>Elecon Engineering Company Ltd. Share Price matters here because the company\u2019s business context is tied to industrial equipment manufacturing rather than a consumer-facing model. That makes earnings quality, margins and return ratios central to the interpretation of the latest move. The streak does not rewrite the business; it changes the price at which the business is being valued, which is why the company overview is best read alongside the ratio table and sector comparison.<\/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=\"What_is_the_latest_Elecon_Engineering_Company_Ltd_Share_Price\"><\/span><strong>What is the latest Elecon Engineering Company Ltd. Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Elecon Engineering Company Ltd. Share Price is Rs 476.2, up 8.35% from the previous close of Rs 439.5. The move keeps the stock in its second straight session, with market capitalisation at Rs 9,181.32 Cr.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Elecon_Engineering_Company_Ltd_Share_Price_rising_today\"><\/span><strong>Why is Elecon Engineering Company Ltd. Share Price rising today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>The stock is trading higher in a second straight session, and the latest financial numbers offer context for the move.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_the_Elecon_Engineering_Company_Ltd_Share_Price_Rise_Streak_mean\"><\/span><strong>What does the Elecon Engineering Company Ltd. Share Price Rise Streak mean?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It means the stock has risen in two consecutive trading sessions. The cumulative gain across the streak is 16.39% from Rs 409.15, so the move is being tracked as a sequence rather than a single-day rise.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Elecon_Engineering_Company_Ltd_trade_today\"><\/span><strong>How did Elecon Engineering Company Ltd. trade today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Elecon opened at Rs 440.45, touched a high of Rs 477.05 and a low of Rs 434.85. The latest trade at Rs 476.2 sits near the upper end of the day\u2019s range and above the previous close.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Elecon_Engineering_Company_Ltd_Share_Price_valuation_after_the_streak\"><\/span><strong>What is Elecon Engineering Company Ltd. Share Price valuation after the streak?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock trades at a P\/E of 41.78 and a P\/B of 4.15. Because the streak lifted price while earnings and book value stayed unchanged, the multiples are now higher after the move.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Elecon_compare_with_the_industry_benchmark\"><\/span><strong>How does Elecon compare with the industry benchmark?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Elecon\u2019s P\/E of 41.78 is above the industry median of 28.73, and its P\/B of 4.15 is above the median of 2.85. ROE and ROCE are also above the benchmark medians.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Elecons_key_fundamental_ratios\"><\/span><strong>What are Elecon\u2019s key fundamental ratios?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Key ratios include ROE of 15.85%, ROCE of 22.27%, EPS of Rs 10.52, book value of Rs 105.89 and dividend yield of 0.46%. These figures help frame Elecon Engineering Company Ltd. Share Price in context.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_are_Elecons_listed_peers\"><\/span><strong>Who are Elecon\u2019s listed peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> the latest Univest peer set includes Bharat Heavy Electricals Ltd., Thermax Ltd., Jyoti CNC Automation Ltd., Azad Engineering Ltd. and Inox India Ltd. Their valuation and return ratios provide a comparison for Elecon Engineering Company Ltd. Share Price.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the latest Elecon Engineering Company Ltd. Share Price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Elecon Engineering Company Ltd. Share Price is Rs 476.2, up 8.35% from the previous close of Rs 439.5. 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The cumulative gain across the streak is 16.39% from Rs 409.15, so the move is being tracked as a sequence rather than a single-day rise.\"}},{\"@type\":\"Question\",\"name\":\"How did Elecon Engineering Company Ltd. trade today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Elecon opened at Rs 440.45, touched a high of Rs 477.05 and a low of Rs 434.85. The latest trade at Rs 476.2 sits near the upper end of the day\u2019s range and above the previous close.\"}},{\"@type\":\"Question\",\"name\":\"What is Elecon Engineering Company Ltd. Share Price valuation after the streak?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock trades at a P\/E of 41.78 and a P\/B of 4.15. Because the streak lifted price while earnings and book value stayed unchanged, the multiples are now higher after the move.\"}},{\"@type\":\"Question\",\"name\":\"How does Elecon compare with the industry benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Elecon\u2019s P\/E of 41.78 is above the industry median of 28.73, and its P\/B of 4.15 is above the median of 2.85. ROE and ROCE are also above the benchmark medians.\"}},{\"@type\":\"Question\",\"name\":\"What are Elecon\u2019s key fundamental ratios?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Key ratios include ROE of 15.85%, ROCE of 22.27%, EPS of Rs 10.52, book value of Rs 105.89 and dividend yield of 0.46%. These figures help frame Elecon Engineering Company Ltd. Share Price in context.\"}},{\"@type\":\"Question\",\"name\":\"Who are Elecon\u2019s listed peers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"the latest Univest peer set includes Bharat Heavy Electricals Ltd., Thermax Ltd., Jyoti CNC Automation Ltd., Azad Engineering Ltd. and Inox India Ltd. Their valuation and return ratios provide a comparison for Elecon Engineering Company Ltd. Share Price.\"}}]}<\/script><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Track_Elecon_Engineering_Company_Ltd_Share_Price_on_Univest\"><\/span><strong>Track Elecon Engineering Company Ltd. 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 Ltd. (ELECON) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top-gainers lists and related market analysis.<\/p>\n<p>Track Elecon Engineering Company Ltd. Share Price on Univest for the latest trade, market capitalisation, valuation ratios, 52-week levels and market insights. The Elecon Engineering Company Ltd. Share Price Rise Streak can be followed alongside fundamental ratios and sector context on the same page, making it easier to read the move in one place.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elecon Engineering Company Ltd. Share Price rises to Rs 476.2, marking an 8.35% rise today. Market cap stands at Rs 9,181.32 crore.<\/p>\n","protected":false},"author":35,"featured_media":307800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-307801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["307800"],"rank_math_title":["Elecon Engineering Company Ltd. Share Price Rise Streak"],"rank_math_description":["Elecon Engineering Company Ltd. Share Price rose 8.35% to Rs 476.2 in a second straight session; review price action, fundamentals and sector context."],"rank_math_focus_keyword":["Elecon Engineering Company Ltd. 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