
Elecon Engineering Company Ltd. (ELECON) Share Price Rises 7.10% Today
Updated: 3 Sept 2026 • 11:24 am
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Elecon Engineering Company Ltd. Share Price is trading at Rs 445.50 after rising 7.10% today, with market capitalisation at Rs 9,256.5 crore. The move lifted ELECON into today’s stocks in news list and made it a notable share price rise in the Capital Goods pack. Latest Univest data confirms the event, while a company-specific catalyst is not established by the market record available for this move.
The stock opened at Rs 418.25, moved to a day low of Rs 418.25 and touched a high of Rs 454.8, keeping Elecon Engineering Company Ltd. Share Price near the upper part of the day’s range. For investors tracking Elecon Engineering Company Ltd. Share Price Today, the combination of a clear intraday gain, a higher turnover of Rs 3.75 crore and a valuation that still sits above the industry median keeps the stock relevant in Elecon Engineering Company Ltd. Stock News and Elecon Engineering Company Ltd. Share Price Update searches. Univest is watching the same price event through the lens of valuation, sector context and relative peer positioning rather than speculation on an unverified trigger.
Elecon Engineering Company Ltd. Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 445.5 |
| Previous Close | Rs 415.95 |
| Today's Move | Rs 29.55 (+7.1%) |
| Open | Rs 418.25 |
| High | Rs 454.8 |
| Low | Rs 418.25 |
| Turnover | Rs 3.75 crore |
| Market Capitalisation | Rs 9,256.5 crore |
| Market Cap Category | Mid Cap |
Elecon Engineering Company Ltd. (ELECON) rose to Rs 445.5 from the previous close of Rs 415.95, a move of Rs 29.55 or 7.1%. The stock opened at Rs 418.25, reached a high of Rs 454.8, recorded a low of Rs 418.25.
Elecon Engineering Company Ltd. Share Price rose by Rs 29.55 from the previous close of Rs 415.95 to Rs 445.50, a gain of 7.10%. The move came after an opening level of Rs 418.25 and an intraday band between Rs 418.25 and Rs 454.8. That makes today’s session relevant for traders following Elecon Engineering Company Ltd. Share Price Live and Elecon Engineering Company Ltd. Stock Gaining Today screens. The latest Univest figures confirm a strong share price gain, but they do not establish a company-specific catalyst for the move.
Elecon Engineering Company Ltd. (ELECON) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 9,256.5 crore |
| P/E Ratio | 39.54x |
| P/B Ratio | 3.93x |
| ROE | 15.85% |
| ROCE | 22.27% |
| EPS | Rs 10.52 |
| Book Value Per Share | Rs 105.89 |
| Dividend Yield | 0.48% |
Elecon Engineering Company Ltd. (ELECON) fundamental metrics show P/E 39.54x, P/B 3.93x, 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 9256.5 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 39.54x, P/B at 3.93x 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 0.48%, 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 28.64x, median ROE of 14.11%, median ROCE of 16.7%. 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 | 39.54x |
| Benchmark Median P/E | 28.64x |
| Benchmark Average P/E | 73.42x |
| Benchmark P/E Range | 0.38x to 3,872.19x |
| Company P/B Ratio | 3.93x |
| Benchmark Median P/B | 2.81x |
| Company ROE | 15.85% |
| Benchmark Median ROE | 14.11% |
| Company ROCE | 22.27% |
| Benchmark Median ROCE | 16.7% |
| Company Market Capitalisation | Rs 9,256.5 crore |
| Benchmark Median Market Cap | Rs 318.47 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 39.54x, which is above the benchmark median of 28.64x, a difference of +38.06%. 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 14.11%, a difference of +12.33%. Elecon Engineering Company Ltd. (ELECON) has a ROCE of 22.27%, which is above the benchmark median of 16.7%, a difference of +33.35%.
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 | 1,48,353.31 | 61.11 | 5.61 | 6.29 | 9.24 |
| Thermax Ltd. | THERMAX | 46,696.76 | 75.36 | 8.04 | 13.76 | 15.85 |
| Kirloskar Oil Engines Ltd. | KIRLOSENG | 31,120.15 | 57.58 | 8.49 | 16.75 | 14.46 |
| Jyoti CNC Automation Ltd. | JYOTICNC | 22,488.73 | 67.86 | 10.61 | 20.72 | 23.88 |
| Inox India Ltd. | INOXINDIA | 19,635.78 | 74.72 | 16.33 | 26.11 | 33.54 |
Elecon Engineering Company Ltd. (ELECON) has a P/E ratio of 39.54x compared with the displayed peer median of 67.86x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 15.85% compares with a peer median of 16.75% 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 9,256.5 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Elecon Engineering Company Ltd.
- Elecon Engineering Company Ltd. Share Price rose 7.10% to Rs 445.50, making it a visible share price gain in today’s market.
- The day’s move kept ELECON near the upper end of its intraday range, which keeps Elecon Engineering Company Ltd. Stock News relevant for active tracking.
- Valuation remains above the same-industry median, so Elecon Engineering Company Ltd. Fundamental Analysis stays important after the rise.
- ROE at 15.85 and ROCE at 22.27 indicate return metrics that are ahead of the industry median.
- Capital Goods sector comparisons show ELECON in a credible peer set, not a stand-alone outlier.
About Elecon Engineering Company Ltd.
Elecon Engineering Company Ltd. operates in the Capital Goods space and belongs to the Engineering – Industrial Equipments industry. The company is known for industrial equipment and engineering-led offerings, which place it in a sector where execution, capital efficiency and pricing power often matter. For readers following Elecon Engineering Company Ltd. Share Price and Elecon Engineering Company Ltd. Latest News, the company’s profile is best understood through its valuation and return ratios rather than through a one-line market reaction.
Its market cap of Rs 9,256.5 crore suggests it has scaled meaningfully within the listed industrial universe. The latest Univest figures also show EPS of 10.52, book value of 105.89 and dividend yield of 0.48, which together provide a basic snapshot of profitability, accounting equity and payout context. In Univest coverage, Elecon Engineering Company Ltd. Share Price is therefore best read as a business-quality and sector-position story as much as a daily trading move.
Frequently Asked Questions
Why is Elecon Engineering Company Ltd. Share Price rising today?
Ans. Elecon Engineering Company Ltd. Share Price rose 7.10% to Rs 445.50 from Rs 415.95. The latest Univest figures confirm the move, but they do not establish a company-specific catalyst for the gain.
What is the current Elecon Engineering Company Ltd. Share Price today?
Ans. Elecon Engineering Company Ltd. Share Price is trading at Rs 445.50. That is Rs 29.55 above the previous close, and the stock has remained a notable mover in Capital Goods today.
How much did Elecon Engineering Company Ltd. Share Price rise today?
Ans. Elecon Engineering Company Ltd. Share Price gained 7.10%, or Rs 29.55, over the previous close. The move also placed the stock near the upper end of its intraday range.
What is Elecon Engineering Company Ltd. market capitalisation?
Ans. Elecon Engineering Company Ltd. has a market capitalisation of Rs 9,256.5 crore. That size is well above the same-industry median and gives the stock meaningful presence in Capital Goods.
Is Elecon Engineering Company Ltd. expensive compared with peers?
Ans. Elecon Engineering Company Ltd. Share Price trades at a P/E of 39.54 and P/B of 3.93, both above the same-industry medians. That points to a premium valuation versus the median peer.
What do Elecon Engineering Company Ltd. earnings ratios show?
Ans. Elecon Engineering Company Ltd. shows ROE of 15.85 and ROCE of 22.27, both above the industry median. EPS is 10.52, which helps frame the earnings base behind the current share price.
How does Elecon Engineering Company Ltd. compare with Capital Goods peers?
Ans. Elecon Engineering Company Ltd. Share Price sits below some peers on P/E and above several on return metrics. It compares favourably on ROE versus BHEL and Thermax, while remaining below some higher-return peers.
Can investors track Elecon Engineering Company Ltd. Share Price on Univest?
Ans. Yes, Univest tracks Elecon Engineering Company Ltd. Share Price, valuation ratios, sector comparison, market cap and other company metrics. It is useful for following the stock alongside Elecon Engineering Company Ltd. Stock News.
Track Elecon Engineering Company Ltd. 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.
Investors can track Elecon Engineering Company Ltd. Share Price on Univest for live price updates, valuation ratios, financial ratios, sector context, peer comparison and market insights. The platform also helps users follow Elecon Engineering Company Ltd. Share Price Today alongside broader Elecon Engineering Company Ltd. Stock Analysis and Elecon Engineering Company Ltd. Company News coverage in one place.
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 Univest (SEBI RA INH000013776).
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