Elecon Engineering Company (ELECON) Share Price Falls 5.14% on 01 October 2026

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.

Elecon Engineering Company (ELECON) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 438.5
Previous Close	Rs 462.25
Today's Move	-Rs 23.75 (-5.14%)
Open	Rs 462.25
High	Rs 464.95
Low	Rs 436.85
Market Capitalisation	Rs 10,767.83 crore
Market Cap Category	Mid Cap

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’s 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.

Elecon Engineering Company (ELECON) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 10,767.83 crore
P/E Ratio	43.94x
P/B Ratio	4.37x
ROE	15.85%
ROCE	22.27%
EPS	Rs 10.52
Book Value Per Share	Rs 105.89
Dividend Yield	0.43%

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.

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.

Sector and Industry Context

Metric	Value
Sector	Capital Goods
Industry	Engineering – Industrial Equipments
Benchmark Scope	same industry
Company P/E Ratio	43.94x
Benchmark Median P/E	28.24x
Benchmark Average P/E	88.36x
Benchmark P/E Range	0.65x to 5,533.92x
Company P/B Ratio	4.37x
Benchmark Median P/B	2.89x
Benchmark Average P/B	10.12x
Company ROE	15.85%
Benchmark Median ROE	13.51%
Benchmark Average ROE	19.92%
Company ROCE	22.27%
Benchmark Median ROCE	15.86%
Benchmark Average ROCE	18.89%
Company Market Capitalisation	Rs 10,767.83 crore
Benchmark Median Market Cap	Rs 367.38 crore
Benchmark Average Market Cap	Rs 2,854.42 crore

Elecon Engineering Company (ELECON) operates in the Capital Goods sector, within the Engineering – Industrial Equipments industry.

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.

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%.

Track stocks among today's decliners through the Univest top decliners 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	BHEL	1,43,948.5	59.41	5.45	6.29	9.24
Thermax	THERMAX	39,222.68	68.09	7.26	13.76	15.85
Jyoti CNC Automation	JYOTICNC	24,197.82	73.26	11.45	18.22	21.34
Inox India	INOXINDIA	18,841.41	73.02	15.96	26.11	33.54
Azad Engineering	AZAD	18,826.55	137.77	12.24	9.14	12.04

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.

Why Investors Are Watching Elecon Engineering Company

• Elecon Engineering Company Share Price fell 5.14% today, making the intraday move a key point in Elecon Engineering Company Stock News.
• 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.
• Market capitalisation at Rs 10,767.83 crore keeps Elecon Engineering Company Share Price in the Mid Cap category.
• P/E at 43.94 and P/B at 4.37 show that Elecon Engineering Company Fundamental Analysis remains important after the fall.
• 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.

About Elecon Engineering Company

Elecon Engineering Company operates in the Capital Goods sector and the Engineering – 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’s 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’s position in the industrial equipment set is what makes each shift in Elecon Engineering Company Share Price relevant.

Track Elecon Engineering Company Share Price on Univest

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

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.

Frequently Asked Questions

Why is Elecon Engineering Company Share Price falling today?

Ans. 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.

What is Elecon Engineering Company Share Price today?

Ans. 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.

What is the market capitalisation of Elecon Engineering Company?

Ans. 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.

What does Elecon Engineering Company Fundamental Analysis show?

Ans. 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.

How does Elecon Engineering Company compare with sector peers?

Ans. 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.

Is Elecon Engineering Company Share Price expensive?

Ans. 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.

What are the key ratios for Elecon Engineering Company?

Ans. 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.

Should investors track Elecon Engineering Company Share Price on Univest?

Ans. 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.