Risk factor
Fair trading liquidity
Profitability factor
Excellent growth
About
Elecon Engineering Company Limited manufactures and sells power transmission and material handling equipment in India and internationally. The company operates in two segments, Material Handling Equipment and Transmission Equipment. It provides helical and bevel helical, planetary, worm, high speed, wind turbine, marine, and custom built gear boxes; customized gear boxes; loose gears; vertical roller mill...
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT
Target Price
The average target price of ELECON.NS is 724 and suggests 54% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in
Buy
Sell