Current price is more than the intrinsic value

Intrinsic value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Religare Enterprises Ltd, Adani Transmission Ltd, Elecon Engineering Company Ltd and Eicher Motors Ltd are among the other losers in the BSE’s ‘A’ group today, 02 December 2022.

Unichem Laboratories Ltd leads losers in ‘A’ group

Vijay Kedia increased his stake in Elecon Engineering to 1.94% stake as of September 30 from 1.85% as of June 30.

Stocks that Vijay Kedia bought and sold in Q2; check list

Speaking to ET NOW, Prayasavin B Patel of Elecon Engineering states that the company should be growing 500 cr in the next three years in the Marine segment and that Elecon is all set to focus on exports and plans to increase export contribution as well to 50% by 2030. So where is the company headed? What is the roadmap? Watch the interview on ET NOW to find out

#eleconengineering #insvikrant #insvikrantengineering
Subscribe To ET Now For Latest Updates On Stocks, Business News, Trading | https://bit.ly/SubscribeToETNow

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Subscribe Now To Our Network Channels:-
Times Now: https://bit.ly/SubscribeToTimesNow
Mirror Now: https://bit.ly/SubscribeToMirrorNow

Pushed via Slike

Company To Focus On Exports | Prayasvin B Patel, Elecon Engineering

BSE Capital Goods Index has given a 14.6 per cent return over the last month, whereas the Nifty Index has only given a 6.43 per cent return in this period

Elecon Engineering to TD Power: Why capital goods stocks are skyrocketing

Astute investors have started making new/increasing stake in the soft capex theme which is driving the capital-intensive sectors. 

Ace investor-Vijay Kedia has increased his stake from 1.19% to 1.85% in Elecon Engineering. Sunil Singhania of Abakkus Asset Management saw a fresh buy/holding above 1% at 1.3% stake in for Paras Defense, while increasing stake in Technocraft. Ashish Kacholia also raised stake in Gravita India and United Drilling Tools. Fresh investment in National Oxygen was reported in Dolly Khanna's portfolio. Shareholding pattern in Precision Camshafts also shows investor Ajay Upadhyaya having 1.88% stake in the company for the first time in the June quarter. 
#SoftCapex #Stock #ETNow

Soft Capex Theme: Big D-Street Investors Raise Stake In June Quarter | ET Now

Adani Green Energy Ltd, Elecon Engineering Company Ltd, Borosil Ltd and Garware Hi Tech Films Ltd are among the other gainers in the BSE’s ‘A’ group today, 11 July 2022.

Mahanagar Telephone Nigam Ltd leads gainers in ‘A’ group

Elecon Engineering Company Ltd. is an engineering-related small-cap company with a market valuation of Rs. 3,304 crores.

Multibagger stock hits 52-week-high, Edelweiss remain bullish

Shares of Elecon Engineering Company hit an over 14-year high of Rs 298.80 in the intra-day trade on Thursday

This Vijay Kedia-owned stock has more-than-doubled since April

Tata Steel, Britannia Industries, Devyani International, Bank of Maharashtra, Sundaram Clayton, Elecon Engineering Company, Bliss GVS Pharma, Rane Brake Lining, Artson Engineering, Rane Engine Valve and Morarka Finance have their annual general meetings (AGMs) today. Meanwhile, Scanpoint Geomatics w…

Corporate Radar: SKF India, Whirlpool to turn ex-dividend; Tata Steel, Britannia AGMs; stock splits and more

An order inflow guidance of around Rs 1,000 crore for FY2023 provides revenue visibility over the near term, analysts said

Elecon Engineering hits over 14-year high; stock zooms 83% in 3 months

Asia's largest industrial gear manufacturer-Elecon Engineering stock hit its 52-week high levels. The stock climbed almost 25% in the last 4 sessions driven by strong management commentary via the annual report. 

Co. stated that there has been significant progress in terms of the closure of a few legacy projects. The material handling equipment business is poised for a turnaround and its overseas arm has become debt-free. Triggers ahead include greater allocation of CAPEX budget by Govt. And robust demand from mining, steel, power, and other infrastructure industries. 

The company's industrial gear market share has increased from 30% to 38% in gears over the last 4 years. 



Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | https://bit.ly/SubscribeToETNow

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Subscribe Now To Our Network Channels:-
Times Now: https://bit.ly/SubscribeToTimesNow
Mirror Now: https://bit.ly/SubscribeToMirrorNow

Why Has Elecon Engineering Risen By More Than 20% In Last Sessions? | ET Now

Elecon Engineering is engaged in the manufacture of material handling equipment, industrial geared motors and reducers, mining equipment and casting processes. 

Elecon Engineering Company Ltd

Elecon Engineering Company Ltd

Intrinsic value
Intrinsic 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

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Unichem Laboratories Ltd leads losers in ‘A’ group

Stocks that Vijay Kedia bought and sold in Q2; check list

News Video

Company To Focus On Exports | Prayasvin B Patel, Elecon Engineering

Elecon Engineering to TD Power: Why capital goods stocks are skyrocketing

News Video

Soft Capex Theme: Big D-Street Investors Raise Stake In June Quarter | ET Now

Mahanagar Telephone Nigam Ltd leads gainers in ‘A’ group

Multibagger stock hits 52-week-high, Edelweiss remain bullish

Elecon Engineering Company Ltd

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

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Unichem Laboratories Ltd leads losers in ‘A’ group

Stocks that Vijay Kedia bought and sold in Q2; check list

News Video

Company To Focus On Exports | Prayasvin B Patel, Elecon Engineering

Elecon Engineering to TD Power: Why capital goods stocks are skyrocketing

News Video

Soft Capex Theme: Big D-Street Investors Raise Stake In June Quarter | ET Now

Mahanagar Telephone Nigam Ltd leads gainers in ‘A’ group

Multibagger stock hits 52-week-high, Edelweiss remain bullish

Intrinsic value
Intrinsic 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

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock