Elecon Engineering's stock plummeted 16% after reporting a Q3FY26 net profit drop of 33%. Despite challenges, the company cites a strong order book and improving inquiry levels as reasons for potential revenue recovery ahead.
2 min read9 Jan 2026Stock Market Today: Multibagger small-cap stock hit upper circuit during intraday trades on Thursday despite a weak Indian stock market; this followed the acquisition update of an overseas business entity announced by Elitecon International. Check details
2 min read10 Jul 2025Vijay Kedia reduced his stake in Elecon Engineering to 1.09% by the end of December, down from 1.29% in September. This marks his lowest holding since June 2021.
1 min read16 Jan 2025Technical Picks: Nagaraj Shetti of HDFC Securities recommends buying these two stocks this week - Elecon Engineering, and Kirloskar Oil Engines.
1 min read9 Dec 2024The revenue from operations for the quarter was ₹392 crore, a 5.3% decrease from ₹414 crore in Q1 FY24. EBITDA also declined by 7.6%, coming in at ₹92 crore compared to ₹100 crore in the previous year. The net profit remained flat at ₹73 crore year-on-year in Q1.
2 min read18 Jul 2024Stock Market Today: Multibagger small-cap stock hit upper circuit during intraday trades on Thursday despite a weak Indian stock market; this followed the acquisition update of an overseas business entity announced by Elitecon International. Check details
2 min read10 Jul 2025