Dividend Record Date Today: Elecon Share Price After a 2:1 Bonus History and 500% Returns in 5 Years. Do You Own This Multibagger?

A record date decides who gets the dividend, and on the same day the Elecon share price goes ex-dividend, so it adjusts by roughly the payout. At Re 0.50 against a price near Rs 437 the effect is about 0.1%, so the 5% fall today has another cause, and no single reason was reported (my reading of the data).

This guide covers the live snapshot, the dividend and bonus history, the five-year return math, Q2 FY27 numbers, valuation and the risks. It is educational and not a recommendation to buy or sell the share.

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Elecon Share Price Today: Live Snapshot

Item	Detail on 21 Oct 2026 (10:05 AM IST)
Previous close of the Elecon share price	Rs 460.20
Open and day high of the Elecon share price	Rs 456.55 and Rs 465.80
Day low and last trade of the Elecon share price	Rs 437.10 and Rs 437.10, down about 5.0% (NSE)
Volume in the Elecon share price on NSE	About 3.3 lakh shares
52-week range	Rs 352.00 to Rs 579.00
Below the 52-week high	About 24.5% (my calculation)
Above the 52-week low	About 24.2% (my calculation)

The Elecon share price jumped as much as 14% to Rs 501.80 on 14 Oct, when Q2 results and the dividend were announced, and weekly data show a high of Rs 509.60 that week. That gain has now been mostly given back.

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Elecon Dividend Record Date and Payout

Item	Detail
Type	Interim dividend for FY 2026-27
Amount	Re 0.50 per share, which is 50% of the Re 1 face value
Record date and ex-date	21 Oct 2026
Payment	On or after 4 Nov 2026
Trailing dividend yield	About 0.33% to 0.39%, depending on the data provider

To receive the dividend a buyer needed to hold the shares before the ex-date, so anyone buying now will not receive it. Data providers differ on the yield of the Elecon share price, because one counts the last twelve months of payouts and the other uses the 2025-26 final dividend, and the gap is small.

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Elecon Dividend History: How Consistent Is It?

Ex-date	Dividend per share
12 Jun 2026	Rs 1.50
16 Oct 2025	Rs 0.50
13 Jun 2025	Rs 1.50
28 Oct 2024	Rs 0.50
14 Jun 2024	Rs 2.00
31 Oct 2023	Rs 1.00
9 Jun 2023	Rs 2.00
9 Jun 2022	Rs 1.00 and Rs 0.40
22 Jul 2021	Rs 0.40

The table comes from a Motilal Oswal corporate actions page and shows payments in most years back to 2007, with no payout listed for 2020. The amounts before July 2024 were paid on the older Rs 2 face value, so they are not directly comparable with the Re 1 share, and I did not adjust them. One source gave the June 2025 and June 2026 payouts differently, so check the exchange record before relying on a single year.

2:1 Bonus and Split History Behind the Elecon Share Price

Date	Action	Detail
10 Oct 2007	Bonus issue	Ratio listed as 2:1; the only bonus issue in the data I found
19 Jul 2024	Stock split	Face value cut from Rs 2 to Re 1, a 1:2 split

The headline refers to the 2:1 bonus, which is nearly two decades old. Providers do not always agree on how to read a bonus ratio, so check the company's filing for the exact number of new shares per share held. The more recent corporate action is the 2024 split, which doubled the share count and halved the price, and it is the reason older prices on charts look lower than what investors paid. Today's Elecon share price reflects both actions.

Risk: Because of the split and the bonus, long-term return figures for the Elecon share price depend on adjusted prices. Compare your own buy price with an adjusted chart, not with the headline number.

The 500% Return in 5 Years: Checking the Math

Start point (adjusted weekly close)	Price	Gain in the Elecon share price to Rs 437 (my calculation)
Week of 4 Oct 2021	Rs 86.18	About 407%
Week of 11 Oct 2021	Rs 83.08	About 426%
Week of 18 Oct 2021	Rs 76.45	About 472%
Week of 27 Sep 2021	Rs 84.18	About 419%

The headline says 500%, which is a round figure. By my calculation the gain ranged from about 407% to 472% depending on the start week, so it is close to 5 times and not quite 6 times. The five-year period includes a peak of about Rs 739 in Oct 2024 and a drawdown to about Rs 352, and the one-year return was negative on one data page.

Risk: A 5-year gain can hide a deep fall in the last year. The Elecon share price is about 24% below its high today.

Elecon Q2 FY27 Results and Valuation

Metric	Q2 FY27	Change
Revenue	Rs 639 crore	Up 10.5% year on year
EBITDA	Rs 148 crore	Up 17.5%
EBITDA margin	23.1%	Up from 21.7%
Consolidated net profit	Rs 96 crore	Up 9%
H1 FY27 net profit	Rs 167 crore	Down 36.5% from Rs 263 crore

Sources round the Q2 figures slightly differently, for example revenue of Rs 639 crore or Rs 640 crore and net profit of Rs 96.35 crore or Rs 96.4 crore, and none disclosed why profit growth trailed EBITDA growth. At about Rs 11,457 crore of market capitalisation and a price-to-earnings of about 49, the Elecon share price already assumes steady growth, and the promoter holding of 59.27% is high. I could not find the order book or guidance numbers.

What to Watch Next for the Elecon Share Price

1. Whether the Elecon share price holds the Rs 437 area after the fall from the 14 Oct jump
2. The order book and any guidance from the investor meeting reported for 21 Oct in Mumbai
3. Whether profit growth catches up with the 17.5% EBITDA growth in Q3
4. The 4 Nov dividend payment and the next interim dividend decision
5. Any bonus or split proposal, since none is announced now

Conclusion

The Elecon share price is near Rs 437 on a record date that pays only Re 0.50, so the dividend matters less than the bigger story: a multibagger run of roughly 4 to 5.7 times in five years, a 5% fall today and a 24% gap to the 52-week high. Check your holding against the adjusted chart and the next quarter before you decide.

Frequently Asked Questions

What is the Elecon share price today?

Ans. The stock traded at Rs 437.10 on NSE at 10:05 AM IST on 21 Oct 2026, down about 5% from Rs 460.20. Its 52-week range is Rs 352 to Rs 579, so it is about 24% below the high.

What is the Elecon dividend record date, and does it move the Elecon share price?

Ans. The record date and ex-date for the interim dividend of Re 0.50 per share are both 21 Oct 2026. The payment is due on or after 4 Nov 2026, and buyers after the ex-date do not receive it.

Is the Elecon share price a multibagger over 5 years?

Ans. Yes by price, because weekly closes of Rs 76 to Rs 86 in Oct 2021 imply a gain of about 407% to 472% to Rs 437 by my calculation. The headline rounds this to 500%, and the figure depends on adjusted prices after the split.

When did Elecon issue a bonus that affects the Elecon share price?

Ans. The data I found lists one bonus issue, with an ex-date of 10 Oct 2007 and a ratio of 2:1. Check the company filing for how many new shares were issued per share held.

Did a split change the Elecon share price?

Ans. Yes. On 19 Jul 2024 the face value was reduced from Rs 2 to Re 1, which doubled the number of shares and halved the price. Older dividend and price data should be read with that change in mind.

How did Q2 FY27 results affect the Elecon share price?

Ans. Revenue rose 10.5% to Rs 639 crore, EBITDA rose 17.5% to Rs 148 crore and net profit rose 9% to Rs 96 crore. Half-year profit is still down about 36.5% from last year.

What are the risks for the Elecon share price?

Ans. The stock is priced at about 49 times earnings, profit growth trailed EBITDA growth and H1 profit is down. The Elecon share price also fell 5% on the record date, and the order book was not available.

Is this article investment advice?

Ans. No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.