Elecon Engineering Company Ltd. (ELECON) Share Price rises 5.55% today

Published: 28 September 2026 at 9:54:03 AM IST

Elecon Engineering Share Price rose today to Rs 483.15, up 5.55% from the previous close of Rs 457.75. The company’s market capitalisation now stands at Rs 10,271.91 crore, placing ELECON firmly in today’s market discussion. The move came without a supplied company-specific catalyst, so the data confirms the price event but does not establish a direct reason. For readers tracking ELECON Share Price Today, the key facts are the higher close, the intraday range between Rs 453.65 and Rs 484.40, and turnover of Rs 3.61 crore. Univest is covering the move as part of its ELECON Share Price News flow, alongside valuation and sector context that help frame the day’s stock news.

Elecon Engineering Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 483.15
Previous Close	Rs 457.75
Today's Move	Rs 25.4 (+5.55%)
Open	Rs 458.25
High	Rs 484.4
Low	Rs 453.65
Turnover	Rs 3.61 crore
Market Capitalisation	Rs 10,271.91 crore
Market Cap Category	Mid Cap

Elecon Engineering Company Ltd. (ELECON) rose to Rs 483.15 from the previous close of Rs 457.75, a move of Rs 25.4 or 5.55%. The stock opened at Rs 458.25, reached a high of Rs 484.4, recorded a low of Rs 453.65.

Elecon Engineering Company Ltd. opened at Rs 458.25, moved between Rs 453.65 and Rs 484.40, and ended at Rs 483.15. The share price rise of Rs 25.40 translated into a 5.55% gain over the previous close of Rs 457.75. For ELECON Share Price Today, that is a clear same-day price rise, and the stock finished close to the day’s high. The turnover was Rs 3.61 crore, which is a factual traded-value figure only. Univest notes the stock as a notable mover in Stock Market Today and Share Market Today coverage because the day’s price action was stronger than the broader routine session for many Indian Stock Market names.

Elecon Engineering Company Ltd. (ELECON) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 10,271.91 crore
P/E Ratio	43.51x
P/B Ratio	4.32x
ROE	15.85%
ROCE	22.27%
EPS	Rs 10.52
Book Value Per Share	Rs 105.89
Dividend Yield	0.44%

Elecon Engineering Company Ltd. (ELECON) fundamental metrics show P/E 43.51x, P/B 4.32x, ROE 15.85%, ROCE 22.27%. These figures provide context only and are not a buy or sell signal.

Elecon Engineering Company Ltd. has a market capitalisation of Rs 10271.91 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 43.51x, P/B at 4.32x 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. Additional supplied metrics include EPS of Rs 10.52, book value per share of Rs 105.89, dividend yield of 0.44%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 28.98x, median ROE of 13.59%, median ROCE of 15.87%. These numbers explain the fundamental backdrop without converting the article into 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	43.51x
Benchmark Median P/E	28.98x
Benchmark Average P/E	90.3x
Benchmark P/E Range	0.62x to 5,838.12x
Company P/B Ratio	4.32x
Benchmark Median P/B	2.81x
Company ROE	15.85%
Benchmark Median ROE	13.59%
Company ROCE	22.27%
Benchmark Median ROCE	15.87%
Company Market Capitalisation	Rs 10,271.91 crore
Benchmark Median Market Cap	Rs 369.36 crore

Elecon Engineering Company Ltd. (ELECON) is classified under sector: Capital Goods and industry: Engineering – Industrial Equipments.

Elecon Engineering Company Ltd. (ELECON) has a P/E ratio of 43.51x, which is above the benchmark median of 28.98x, a difference of +50.14%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

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 15.87%, a difference of +40.33%.

Track stocks leading today through the Univest top gainers 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 Ltd.	BHEL	1,45,968.1	60.01	5.51	6.29	9.24
Thermax Ltd.	THERMAX	41,097.01	69.26	7.39	13.76	15.85
Jyoti CNC Automation Ltd.	JYOTICNC	24,236.48	75.33	11.77	18.22	21.34
Inox India Ltd.	INOXINDIA	19,598.34	76.9	16.81	26.11	33.54
Azad Engineering Ltd.	AZAD	17,628.88	126.85	11.27	9.14	12.04

Elecon Engineering Company Ltd. (ELECON) has a P/E ratio of 43.51x compared with the displayed peer median of 75.33x. 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 10,271.91 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Why Investors Are Watching ELECON

• Elecon Engineering Share Price rose 5.55% today to Rs 483.15 after closing at Rs 457.75 previously.
• The day’s high was Rs 484.40, which was close to the final closing level.
• Market capitalisation stands at Rs 10,271.91 crore, which gives ELECON Share Price a clear size context.
• P/E is 43.51, P/B is 4.32, ROE is 15.85% and ROCE is 22.27%.
• The stock’s metrics can be compared with same-industry benchmark medians and selected peers on Univest.

About Elecon Engineering Company Ltd.

Elecon Engineering Company Ltd. operates in the Capital Goods sector and the Engineering – Industrial Equipments industry. The company is tracked on NSE and BSE under the symbol ELECON. Its business context, as reflected in the supplied data, places it within an industrial equipment framework that investors often compare with other engineering and capital goods names. ELECON Share Price matters because the company combines a meaningful market capitalisation, valuation ratios, profitability metrics and dividend data in one stock profile. Univest readers often use this mix of company overview and financial ratios to understand how the stock is positioned within the broader Indian Stock Market and within the same-industry peer set. The data supplied here supports analysis of company scale, earnings quality and price-to-book context rather than a company-specific story.

Track Elecon Engineering Share Price on Univest

Use Elecon Engineering Company Ltd. (ELECON) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

You can track Elecon Engineering Share Price on Univest for live share price updates, fundamental ratios, shareholding pattern, 52-week levels and market insights. ELECON Share Price Today coverage on Univest also helps readers review stock news, financial ratios, company overview and same-industry peer comparisons in one place.

Frequently Asked Questions

Why did Elecon Engineering Share Price rise today?

Ans. Elecon Engineering Share Price rose 5.55% to Rs 483.15 today. The supplied data confirms the move, but it does not establish a company-specific catalyst. Univest treats it as verified price action rather than a reasoned event.

What is ELECON Share Price today?

Ans. ELECON Share Price today is Rs 483.15, compared with a previous close of Rs 457.75. The stock added Rs 25.40 during the session, making it a clear same-day price rise in market news.

What is Elecon Engineering market capitalisation?

Ans. Elecon Engineering market capitalisation is Rs 10,271.91 crore. That places the company above the same-industry median market cap of Rs 369.36 crore and below the benchmark average of Rs 2,857.46 crore.

How does Elecon Engineering valuation compare with the sector?

Ans. Elecon Engineering Share Price sits with a P/E of 43.51 and P/B of 4.32. Both are above the same-industry medians of 28.98 and 2.81, while ROE and ROCE are also above the medians.

What do Elecon Engineering EPS and book value show?

Ans. ELECON reports EPS of Rs 10.52 and book value of Rs 105.89. EPS shows earnings attributable to each share, while book value reflects accounting net worth per share. Both add context to ELECON Share Price.

Is Elecon Engineering stock part of Capital Goods?

Ans. Yes, Elecon Engineering is in the Capital Goods sector and the Engineering – Industrial Equipments industry. That sector context helps compare ELECON Share Price with peers such as BHEL, Thermax, Jyoti CNC Automation and Inox India.

What dividend yield does ELECON offer?

Ans. ELECON’s dividend yield is 0.44%. This is historical or current payout data, not a promise of future dividend payments, but it remains part of the stock’s financial profile alongside valuation and profitability ratios.