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Elecon Engineering Company Limited is currently in a long term uptrend where the price is trading 104.3% above its 200 day moving average.
From a valuation standpoint, the stock is 90.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.8.
Elecon Engineering Company Limited's total revenue rose by 6.0% to $3B since the same quarter in the previous year.
Its net income has increased by 166.0% to $247M since the same quarter in the previous year.
Finally, its free cash flow grew by 22.5% to $833M since the same quarter in the previous year.
Based on the above factors, Elecon Engineering Company Limited gets an overall score of 5/5.
| ISIN | INE205B01031 |
|---|---|
| Exchange | NSE |
| CurrencyCode | INR |
| Industry | Specialty Industrial Machinery |
| Sector | Industrials |
| Market Cap | 156B |
|---|---|
| PE Ratio | 37.45 |
| Dividend Yield | 0.3% |
| Beta | 0.78 |
| Target Price | 682 |
Elecon Engineering Company Limited manufactures and sells Industrial Gears and Material Handling Equipment in India and internationally. The company operates in two segments, Material Handling Equipment and Transmission Equipment. It provides helical and bevel helical, planetary, worm, high speed, wind turbine, marine, and custom-built gear boxes; customized gear boxes, loose gears, and couplings. The company also provides material handling equipment, such as raw material handling systems, stackers, scrapers/reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers and associated equipment, feeders, idlers and pulleys, magnates/weighers/detectors, port equipment, and cable reeling drums; and alternate energy products. In addition, it engages in the ferrous and non-ferrous foundry business. Further, the company offers gearbox repair and refurbish services; and material handling equipment support services. It serves cement, sugar, defense, steel, mineral, metal, mining, power, plastic, material handling, chemical, palm oil, crane, paper, rubber, marine, and fertilizer industries, as well as windmills. Elecon Engineering Company Limited was founded in 1951 and is based in Vallabh Vidyanagar, India.
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