Current price is more than the intrinsic value
Stock has not been able to generate better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
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Elecon Engineering is engaged in the manufacture of material handling equipment, industrial geared motors and reducers, mining equipment and casting processes.
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In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
In last 3 months, mutual fund holding of the company has almost stayed constant
2 weeks ago•Business Standard
3 weeks ago•Business Standard
3 weeks ago•Business Standard
Pursuant to the changes introduced by the Finance Act, 2020, Dividend Distribution Tax has been abolished with effect from 1st April, 2020 and the Dividend Income is taxable in the hands of the Shareholders. In this regard, please find enclosed herewith an email communication which has been sent to all the shareholders having their email ID¬タルs registered with the Company/Depositories explaining the process and documentation required for claiming tax exemption/withholding tax on dividend paid to the Shareholders at prescribed rates.You are requested to take the same on your records. | Download
Pursuant to the changes introduced by the Finance Act, 2020, Dividend Distribution Tax has been abolished with effect from 1st April, 2020 and the Dividend Income is taxable in the hands of the Shareholders. In this regard, please find enclosed herewith an email communication which has been sent to all the shareholders having their email ID¬タルs registered with the Company/Depositories explaining the process and documentation required for claiming tax exemption/withholding tax on dividend paid to the Shareholders at prescribed rates.You are requested to take the same on your records. | Download
Elecon Engineering Company Limited has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 11-Jun-2022 to 28-Jun-2022 for the purpose of Dividend & Meeting. | Download
Elecon Engineering Company Limited has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 11-Jun-2022 to 28-Jun-2022 for the purpose of Dividend & Meeting. | Download
Final • Div/Share: ₹ 0.4
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value