Elecon Engineering Company Limited (NSE:ELECON)
528.10
+5.15 (0.98%)
Jun 11, 2026, 3:29 PM IST
NSE:ELECON Stock Forecast
Stock Price Forecast
According to 2 analysts polled by S&P Global, NSE:ELECON stock has a consensus rating of "Buy" and an average price target of ₹525.50. The average 1-year stock price forecast is 0.49% lower than the current stock price, while the lowest is ₹451.00 (-14.60%) and the highest is ₹600.00 (+13.61%).
Price Target: ₹525.50 (-0.49%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NSE:ELECON stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '25 | Jul '25 | Oct '25 | Jan '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 2 | 1 | 1 | 1 |
| Buy | 0 | 1 | 0 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 2 | 2 | 2 | 2 |
Financial Forecast
Revenue This Year
27.57B
from 23.66B
Increased by 16.52%
Revenue Next Year
32.78B
from 27.57B
Increased by 18.90%
EPS This Year
19.00
from 15.92
Increased by 19.38%
EPS Next Year
24.50
from 19.00
Increased by 28.95%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 27.6B | ||
| Avg | 27.6B | ||
| Low | 27.6B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 16.5% | ||
| Avg | 16.5% | ||
| Low | 16.5% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 19.00 | ||
| Avg | 19.00 | ||
| Low | 19.00 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 19.4% | ||
| Avg | 19.4% | ||
| Low | 19.4% |