Elgi Equipments (ELGIEQUIP) Share Price Falls 5.08% as Mid Cap Trades Lower

Elgi Equipments Share Price moved lower in the latest session, with the stock trading at Rs 578.75 after a 5.08% decline. The company’s market capitalisation stood at Rs 18,887.78 crore, placing Elgi Equipments in the Mid Cap category. Univest data confirms the move itself, though no company-specific trigger has been identified. The move matters because Elgi Equipments Share Price is being watched not only as a capital goods name, but also for its valuation, profitability ratios and position in the compressors / pumps space. As of 01 October 2026 at 1:23:20 PM IST, the share price fall had already taken the stock below the previous close, and the day’s range shows how quickly Elgi Equipments Share Price shifted in active trade.

Elgi Equipments (ELGIEQUIP) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 578.75
Previous Close	Rs 609.7
Today's Move	-Rs 30.95 (-5.08%)
Open	Rs 601.4
High	Rs 604
Low	Rs 575
Market Capitalisation	Rs 18,887.78 crore
Market Cap Category	Mid Cap

Elgi Equipments Share Price opened at Rs 601.40, touched a high of Rs 604 and a low of Rs 575, and last traded at Rs 578.75. The previous close was Rs 609.70, so the stock was down Rs 30.95, or 5.08%, at the time of observation. That places the latest move firmly in the lower part of the day’s range, with Elgi Equipments Share Price today staying closer to the session low than the opening level. The market capitalisation of Rs 18,887.78 crore keeps the company within the Mid Cap band, which is relevant when comparing Elgi Equipments Share Price with peer valuations and return ratios. For investors tracking Elgi Equipments Share Price Live movement, the key point is the size of the intraday decline and the distance from the previous close, not any unverified reason for the move. This sets up the deeper Elgi Equipments Share Price Fundamental Analysis that follows.

Elgi Equipments (ELGIEQUIP) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 18,887.78 crore
P/E Ratio	43.14x
P/B Ratio	8.32x
ROE	21.09%
ROCE	24.39%
EPS	Rs 14.13
Book Value Per Share	Rs 73.28
Dividend Yield	0.44%

Elgi Equipments (ELGIEQUIP) fundamental metrics show P/E 43.14x, P/B 8.32x, ROE 21.09%, ROCE 24.39%. Read together, these ratios describe the company's position rather than a recommendation.

Elgi Equipments has a market capitalisation of Rs 18,887.78 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 43.14x, P/B at 8.32x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 21.09% and ROCE of 24.39%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 14.13, book value per share of Rs 73.28, dividend yield of 0.44%, 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 36.86x, median ROE of 15.86%, median ROCE of 19.79%. 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	Compressors / Pumps
Benchmark Scope	same industry
Company P/E Ratio	43.14x
Benchmark Median P/E	36.86x
Benchmark Average P/E	48.31x
Benchmark P/E Range	6.42x to 217.8x
Company P/B Ratio	8.32x
Benchmark Median P/B	4.79x
Benchmark Average P/B	5.3x
Company ROE	21.09%
Benchmark Median ROE	15.86%
Benchmark Average ROE	16.06%
Company ROCE	24.39%
Benchmark Median ROCE	19.79%
Benchmark Average ROCE	21.49%
Company Market Capitalisation	Rs 18,887.78 crore
Benchmark Median Market Cap	Rs 4,207.66 crore
Benchmark Average Market Cap	Rs 6,374.89 crore

Elgi Equipments (ELGIEQUIP) operates in the Capital Goods sector, within the Compressors / Pumps industry.

Elgi Equipments (ELGIEQUIP) has a P/E ratio of 43.14x, which is above the benchmark median of 36.86x, a difference of +17.04%. The P/E comparison frames valuation; it is not a signal to buy or sell.

Elgi Equipments (ELGIEQUIP) has a ROE of 21.09%, which is above the benchmark median of 15.86%, a difference of +32.98%. Elgi Equipments (ELGIEQUIP) has a ROCE of 24.39%, which is above the benchmark median of 19.79%, a difference of +23.24%.

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 (%)
Kirloskar Brothers	KIRLOSBROS	14,729.56	37.78	5.57	15.86	19.79
KSB	KSB	14,297.32	60.65	8.77	17.1	22.98
Ingersoll-Rand (India)	INGERRAND	13,078.31	48.89	19.22	42.1	56.31
Kirloskar Pneumatic Company	KIRLPNU	8,907.45	33.43	6.91	21.84	28.95
Dynamatic Technologies	DYNAMATECH	8,870.95	217.8	11.35	4.29	8.88

Elgi Equipments (ELGIEQUIP) has a P/E ratio of 43.14x compared with the displayed peer median of 48.89x. Peer multiples give relative context only, not a buy or sell view. Its ROE of 21.09% compares with a peer median of 17.1% across the companies shown in the table. ROCE stood at 24.39% versus the displayed peer median of 22.98%, providing a capital-efficiency comparison. Elgi Equipments (ELGIEQUIP) has a market capitalisation of Rs 18,887.78 crore. It is larger by market capitalisation than all 5 peers shown.

Why Investors Are Watching Elgi Equipments

• Elgi Equipments Share Price fell 5.08% in the latest session, so the intraday move itself is drawing attention.
• The stock trades with a P/E of 43.14 and a P/B of 8.32, which keeps valuation central to Elgi Equipments Share Price discussion.
• ROE of 21.09% and ROCE of 24.39% give context to the company’s return profile.
• Market cap of Rs 18,887.78 crore makes Elgi Equipments Share Price a large name within the displayed industry benchmark.
• In the Capital Goods sector, Elgi Equipments Share Price sits above the industry median on both P/E and P/B.

About Elgi Equipments

Elgi Equipments operates in the Capital Goods sector and the Compressors / Pumps industry. The company is best known for products linked to air compressors and allied equipment, placing Elgi Equipments Share Price in an industrial machinery context rather than a consumer-facing one. Its business profile matters because Elgi Equipments Stock News is often read through the lens of industrial demand, engineering execution and valuation discipline. The company’s market position is supported by a market capitalisation of Rs 18,887.78 crore and return ratios that sit above the industry midpoint. For those following Elgi Equipments Company News, the core business identity is important: this is a scale player in a specialised capital goods segment.

Track Elgi Equipments Share Price on Univest

Use Elgi Equipments (ELGIEQUIP) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.

You can track Elgi Equipments Share Price on Univest for live price updates, fundamental ratios, 52-week levels and market insights. Elgi Equipments Share Price Today can be reviewed alongside valuation, return ratios and peer context in one place. For readers who follow Elgi Equipments Latest News, Univest brings the share price, financial ratios and sector view together in a single stock page.

Frequently Asked Questions

Why is Elgi Equipments Share Price falling today?

Ans. Elgi Equipments Share Price fell 5.08% to Rs 578.75 from the previous close of Rs 609.70. Univest data confirms the move itself, though no company-specific trigger has been identified.

What is Elgi Equipments Share Price today?

Ans. Elgi Equipments Share Price was Rs 578.75 at the time of observation. It opened at Rs 601.40, touched Rs 604 and low of Rs 575, showing a broad intraday move.

What is the market capitalisation of Elgi Equipments?

Ans. Elgi Equipments has a market capitalisation of Rs 18,887.78 crore. That places Elgi Equipments Share Price in the Mid Cap category and makes it the largest company in the displayed industry peer set.

Is Elgi Equipments Share Price expensive compared with peers?

Ans. Elgi Equipments Share Price trades at a P/E of 43.14 and a P/B of 8.32. Both are above the industry median, so the stock sits on the richer side of the displayed peer valuation range.

How do ROE and ROCE look for Elgi Equipments?

Ans. Elgi Equipments reports ROE of 21.09% and ROCE of 24.39%. Both are above the industry median and average, which gives Elgi Equipments Share Price stronger return context than many peers.

What do EPS and book value show for Elgi Equipments?

Ans. EPS is Rs 14.13 and book value is Rs 73.28. EPS reflects earnings attributable to each share, while book value shows the accounting net worth behind each share in Elgi Equipments Share Price analysis.

Does Elgi Equipments pay a dividend?

Ans. Yes, the dividend yield is 0.44%. That is a useful context point for Elgi Equipments Share Price, although the yield is only one part of the company’s valuation and return profile.

How does Elgi Equipments compare with sector peers?

Ans. Elgi Equipments Share Price has a higher market cap than every displayed peer and trades above the industry median on P/E, P/B, ROE and ROCE. That mix makes it stand out in the peer comparison set.