Elecon Engineering Company Limited (NSE:ELECON)
India · Delayed Price · Currency is INR 449.70
-5.30 (-1.16%)
Jul 21, 2026, 3:30 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 ₹500.50. The average 1-year stock price forecast is 11.30% higher than the current stock price, while the lowest is ₹451.00 (+0.29%) and the highest is ₹550.00 (+22.30%).
Price Target: ₹500.50 (+11.30%)
Analyst Consensus: Buy
Price Target
Chart* Price targets were last updated on Jun 22, 2026.
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 | Oct '25 | Jan '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 0 |
| Buy | 0 | 1 | 1 | 1 | 1 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Axis Direct No rating | Axis Direct | Buy Maintains ₹635.00 | Buy | Maintains | ₹635.00 | +41.21% | Jun 22, 2026 |
Financial Forecast
Revenue This Year
26.52B
from 23.66B
Increased by 12.09%
Revenue Next Year
31.94B
from 26.52B
Increased by 20.43%
EPS This Year
17.00
from 15.92
Increased by 6.82%
EPS Next Year
23.50
from 17.00
Increased by 38.24%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.