Strong Momentum With balanced ReturnsIt shows a more Robust BTST setup which cleaner breakout, confirmations across technical indicators Elecon engineering Ltd is a promising candidate, BTST / INTRADAY
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23.05 INR
4.15 B INR
22.23 B INR
82.82 M
About Elecon Engineering Co. Ltd.
Sector
Industry
CEO
Prayasvin Bhanubhai Patel
Website
Headquarters
Vallabh Vidyanagar
Founded
1951
ISIN
INE205B01031
FIGI
BBG000CQV2V5
Elecon Engineering Co. Ltd. engages in the manufacture and sale of material handling equipment and industrial gears. It operates through the following segments: Material Handling Equipment and Transmission Equipment. The Material Handling Equipment segment involves the production of raw material handling system, stackers, reclaimers, bagging and weighing machines, wagaon and truck loaders, crushers, wagon tipplers and feeders and port equipment. The Transmission Equipment segment refers to gearboxes, couplings and elevator traction machines. The company was founded in 1951 and is headquartered in Vallabh Vidyanagar, India.
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Elecon Engineering: Pre-Breakout Momentum Building!🚀 Elecon Engineering: Pre-Breakout Momentum Building! 🚀
📉 CMP: ₹716
🔒 Stop Loss: ₹652
🎯 Target: ₹952
🔍 Why It Looks Promising?
✅ Rounding Bottom Breakout: Strong breakout above ₹652 with a successful retest.
✅ Fresh Upside Move: Momentum picking up—on track to challenge all-time highs.
💡 Strategy
ELECON Ltd: Bullish Breakout in Motion – Ready for Your Next TrELECON Ltd is powering through with a strong bullish phase, backed by a bullish Marubozu candle and rising volume, signaling a solid uptrend. With technicals lining up for continued growth, this stock is turning heads!
📊 Donchian Bands: New highs, indicating potential breakouts ahead!
🔥 Bollinger B
We noticed a fish hook pattern emerging in the trend.Those who bought with me at the 563 level are now enjoying substantial profits. The stock is poised to test the upper band, and tomorrow is a crucial day as the company will announce its results. The chart suggests the results will be outstanding.
Now, for those who invested alongside me, the key q
A fresh breakout is likely imminent.Even in this challenging market, the stock is holding strong. It made an excellent recovery from the intraday dip and is now consolidating well. It looks poised for a new upward move toward 800, and potentially even 1000 in the future.
New all-time high!This gem has reached a new all-time intraday high, showcasing a beautifully long channel. Once we see a daily close above the previous all-time high, a new journey toward 800 will begin. If it breaks through this channel, we could witness a significant rally. I previously shared a chart and advised
ELECON Daily / Weekly / Chart
5% near to 52 week high
RSI above 60 D / W / M
Need to sustain above recent high 716
volume growth (need to sustain tomorrow or need to cross resistance on daily chart)
weekly shown volume growth
support 666
expected level 888
ELECON1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts
4. An edge is nothing more than an indication of a higher probability
Very good buying opportunityThe stock has once again taken support from the daily trend line today and is moving up within this long 6-month channel. I anticipate it will break out of this channel within the next 3 to 6 months and potentially head back to the 1000 levels. Delivery volumes have been very high over the past few
Once in a lifetime buying opportunity.The stock has taken support exactly from the lower band of this beautiful daily channel. This is a must-buy zone, with the lower blue bar serving as a stop loss. The risk-to-reward ratio is absolutely amazing. It is one of the greatest stocks in the Indian market. The stock is headed for the upper b
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ELECON is 613.90 INR — it has decreased by −0.11% in the past 24 hours. Watch Elecon Engineering Co. Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange Elecon Engineering Co. Ltd. stocks are traded under the ticker ELECON.
ELECON stock has risen by 3.49% compared to the previous week, the month change is a 8.07% rise, over the last year Elecon Engineering Co. Ltd. has showed a −1.41% decrease.
We've gathered analysts' opinions on Elecon Engineering Co. Ltd. future price: according to them, ELECON price has a max estimate of 744.00 INR and a min estimate of 694.00 INR. Watch ELECON chart and read a more detailed Elecon Engineering Co. Ltd. stock forecast: see what analysts think of Elecon Engineering Co. Ltd. and suggest that you do with its stocks.
ELECON reached its all-time high on Oct 16, 2024 with the price of 738.85 INR, and its all-time low was 0.80 INR and was reached on Jun 24, 2004. View more price dynamics on ELECON chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ELECON stock is 2.55% volatile and has beta coefficient of 2.11. Track Elecon Engineering Co. Ltd. stock price on the chart and check out the list of the most volatile stocks — is Elecon Engineering Co. Ltd. there?
Today Elecon Engineering Co. Ltd. has the market capitalization of 139.51 B, it has increased by 6.68% over the last week.
Yes, you can track Elecon Engineering Co. Ltd. financials in yearly and quarterly reports right on TradingView.
Elecon Engineering Co. Ltd. is going to release the next earnings report on Oct 23, 2025. Keep track of upcoming events with our Earnings Calendar.
ELECON net income for the last quarter is 1.75 B INR, while the quarter before that showed 1.46 B INR of net income which accounts for 19.77% change. Track more Elecon Engineering Co. Ltd. financial stats to get the full picture.
Elecon Engineering Co. Ltd. dividend yield was 0.45% in 2024, and payout ratio reached 10.81%. The year before the numbers were 0.32% and 9.47% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Sep 22, 2025, the company has 2.16 K employees. See our rating of the largest employees — is Elecon Engineering Co. Ltd. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Elecon Engineering Co. Ltd. EBITDA is 5.55 B INR, and current EBITDA margin is 24.75%. See more stats in Elecon Engineering Co. Ltd. financial statements.
Like other stocks, ELECON shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Elecon Engineering Co. Ltd. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Elecon Engineering Co. Ltd. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Elecon Engineering Co. Ltd. stock shows the strong buy signal. See more of Elecon Engineering Co. Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.