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EIMCOELECOEimco Elecon (India) Limited

Infrastructure · Farm & Heavy Construction Machinery · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

1,822.30
0.61%
59Decent

Price & Volume

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Key Ratios

Market Cap (₹ cr)1,051.20
P/E26.58
P/B2.25
PEG0.69
ROE %8.30
ROCE %7.30
Debt / Equity0.01
EPS68.57
Revenue Growth %14.70
Profit Growth %6.20
Dividend Yield %0.22
Promoter Holding %53.73
FII Holding %1.73
DII Holding %
Beta0.11

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

Pullback to 21-EMALONG68%1,822.301,750.702,089.603.73
Golden CrossLONG59%1,822.301,655.552,155.812.00
HOLDConviction 62%

The picture

  • Debt/Equity: 0.01
  • Promoter holding: 53.7%
  • Valuation vs sector: P/E 26.6 vs sector 23.6
  • RSI: 55
  • Price vs EMA21: above
  • Price vs SMA50: above
  • Golden Cross signal (setup quality 58%)
  • Pullback to 21-EMA signal (setup quality 68%)

Bull case

  • Debt/Equity: 0.01
  • Promoter holding: 53.7%
  • Valuation vs sector: P/E 26.6 vs sector 23.6
  • RSI: 55

Bear case

  • Profit growth: 6.2% YoY
  • ROE: 8.3%
  • MACD: bearish
  • Volume: 0.3x 20-day average

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Profit growth: 6.2% YoY
  • ROE: 8.3%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹1,822.30
Stop Loss
₹1,633.50
risk 10.4%
Target 1 (1.5R)
₹2,105.50
+15.5%
Target 2 (3R)
₹2,388.70
+31.1%
Support (20d)
₹1,650.00
Resistance (52w)
₹2,581.22
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹188.80/share
ATR (volatility)
₹89.83
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹89.83). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
53
Technical
63
Momentum
74
Risk (safety)
37

Peers — Infrastructure

UNIPARTS 2.29%
78
CEMPRO 0.74%
76
WELENT 0.12%
74
EUROPRATIK 0.18%
73
WABAG 6.32%
72
MANGLMCEM 0.65%
71

About

Eimco Elecon (India) Limited engages in the manufacture and sale of equipment for the mining and construction sectors in India. Its products include air motors, chair lift man-riding, coal haulers, drill machines, load haul dumpers, dump trucks, piling rigs, rocker shovel loaders, side dump loaders, and wheel loaders, as well as continuous miner package. The company was incorporated in 1974 and is headquartered in Vallabh Vidya Nagar, India.