SSelectStock

ELGIRUBCOElgi Rubber Company Limited

Auto · Auto Parts · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Elgi Rubber Company Limited, together with its subsidiaries, manufactures and sells reclaimed rubber, retreading machinery, and retread rubber in India and internationally. It offers tire retread and repair systems under the Jet brand name; expandable rims and hubs under the CRS brand; retreat process equipment under the Armonas brand name; and rasp blades and hubs under the Pincott brand name. The company also provides brazed carbide tools under the Carbrasive brand name; gums, adhesives, and sealants under the Midwest Rubber brand name; tire and tube repair products under the Westernweld name; reclaimed rubber under the Rubber Resources brand name; and retreading consumables under the Kooltread brand. The company was founded in 1981 and is headquartered in Coimbatore, India.

58.48
2.32%
33Weak

Mkt Cap
₹293 Cr
P/E
P/B
3.9
Div Yield
0.00%
52W High
₹73.00
52W Low
₹32.72

Price & Volume

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Key Ratios

Market Cap (₹ cr)292.70
P/E
P/B3.87
PEG
ROE %-317.40
ROCE %-15.90
Debt / Equity4.13
EPS-39.54
Revenue Growth %-18.10
Profit Growth %-5,410.10
Dividend Yield %0.00
Promoter Holding %
FII Holding %
DII Holding %
Beta0.36

“—” 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

None of the 16 pattern scanners currently detects a setup on ELGIRUBCO — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 64%

Why avoid

  • Overall evidence is weak (AlgoScore 33/100)
  • Revenue growth: -18.1% YoY
  • Profit growth: -5410.1% YoY
  • MACD: bearish
  • Price vs EMA21: below

Bull case

  • Price vs SMA200: above
  • Golden cross setup: SMA50 above SMA200
  • Supertrend: bullish
  • 3-month return: +18.0%

Bear case

  • Revenue growth: -18.1% YoY
  • Profit growth: -5410.1% YoY
  • MACD: bearish
  • Price vs EMA21: below

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Revenue growth: -18.1% YoY
  • Profit growth: -5410.1% YoY

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

Trade Plan

Entry (CMP)
₹58.48
Stop Loss
₹55.54
risk 5%
Target 1 (1.5R)
₹62.89
+7.5%
Target 2 (3R)
₹67.30
+15.1%
Support (20d)
₹56.10
Resistance (52w)
₹73.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹2.94/share
ATR (volatility)
₹3.49
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹3.49). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental0
Technical47
Momentum67
Risk (safety)14

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