Elecon Engineering Co. Ltd.

NSE: ELECON · Capital Goods

₹480.75

as of 28 Sep 2026

AI verdict · 28 Sep 2026

Bearish 68% confidence

Severe margin compression (profit down 17.8% YoY despite 6% revenue growth) and low-volume technical bounce mask execution risk; order…

Strongest bull point

Record ₹1,518 Cr order book with 23% YoY Q1 order growth provides 12–18 months revenue visibility and validates sustained demand for gear products.

Strongest bear point

Profit growth lagged revenue growth sharply (2.3% vs 6.11% in Q1 FY27); EBITDA declined 4.5% YoY in FY26 despite revenue growth, signaling structural margin deterioration.

Technical Forecast · next 10 trading days

Expected

₹472.76 -1.7%

Range

₹461.67 – ₹477.38

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Every call on ELECON, misses included

Bearish 28 Sep 2026 → now Scores 28 Oct 2026

₹480.75 → ₹480.75 0.0%

Our accuracy

Every verdict and forecast here is dated and scored when it matures — right or wrong. The first scored results publish a month after launch.

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