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Eimco Elecon Share Price Target 2024, 2025, 2026 to 2039 With Charts
Eimco Elecon | |||
 | Symbol: EIMCOELECO | ||
| Price: ₹2,571.6 | |||
| Exchange: NSE | |||
| Industrials -> Farm & Heavy Construction Machinery | |||
Show Table of Contents
Table of Contents
- 1: Eimco Elecon Brief Company Overview
- 1.1: About Eimco Elecon (India) Limited
- 1.2: Eimco Elecon Financial Performance
- 1.2.1: Is Eimco Elecon A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Eimco Elecon Share Price Target For 2024
- 2.1.1: Eimco Elecon Share Price Target Table For 2024
- 2.1.2: Summary: Eimco Elecon Share Price Prediction For 2024
- 2.2: Eimco Elecon Share Price Target For 2025
- 2.2.1: Eimco Elecon Share Price Target Table For 2025
- 2.2.2: Summary: Eimco Elecon Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Eimco Elecon Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Eimco Elecon Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Eimco Elecon Past Performance
Eimco Elecon Brief Company Overview
About Eimco Elecon (India) Limited
Eimco Elecon, established in 1974, manufacturs and markets equipment specifically designed for the mining and construction sectors in India.
The company's diverse product portfolio includes essential machinery such as side dump loaders, load haul dumpers, coal haulers, roof bolters, shuttle cars, continuous miner packages, and air motors.
Eimco Elecon is committed to providing cutting-edge solutions and has earned a reputation for quality and reliability within the industry. The company actively exports its products to South East Asia and Africa, demonstrating its global reach.
Eimco Elecon Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,496.83 Crore | Market valuation of Eimco Elecon's shares. |
| Revenue (TTM) | 268.91 Crore | Total revenue generated by Eimco Elecon over the past twelve months. |
| Net Income (TTM) | +48.36 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 19.86% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 17.98% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +30.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +21% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 0.19 | Company's total debt divided by total shareholder equity. |
| Total Debt | 78.53 Lakh | Sum of Eimco Elecon's current & long-term financial obligations. |
| Total Cash | 22.67 Crore | Total amount of liquid funds available to Eimco Elecon. |
| Beta | 0.55 | Beta is less than 1 indicating that the Eimco Elecon's price is less volatile than the market. |
Is Eimco Elecon A Good Buy For Long Term?
Eimco Elecon, a small-cap stock with a market capitalization of ₹1,382.18 crore, shows strong growth potential. While its Q2 2024-25 report reveals a modest debt of ₹78.53 lakh against a cash balance of ₹22.67 crore, the impressive 17.98% profit margin and significant past returns (65.09% in the last 12 months, 619.85% over three years) are noteworthy. However, recent 3-month performance (-26.22%) warrants caution. Considering its growth trajectory and relatively low debt, Eimco Elecon could be a good buy for long-term investors with a moderate risk tolerance.
To predict the Eimco Elecon's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Eimco Elecon Share Price Target For 2024
The line chart displays the monthly closing prices of Eimco Elecon with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Eimco Elecon shares in 2024, see the table below.
Eimco Elecon Share Price Target Table For 2024
| Eimco Elecon's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 2450.00 (-4.73%) | Price Action: 24 Oct 2024 Low |
| 2024 Target 2 | 2425.00 (-5.71%) | Price Action: 18 Nov 2024 High |
| 2024 Target 1 | 2400.00 (-6.68%) | Price Action: Apr 2024 High |
| Current Price | 2571.60 | Eimco Elecon's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 2367.00 (-7.96%) | Price Action: Jun 2024 Low |
| Stop Loss 2 | 2332.30 (-9.31%) | Technical Indicator: MA200 |
| Stop Loss 3 | 2301.00 (-10.53%) | Price Action: 19 Nov 2024 Low |
Summary: Eimco Elecon Share Price Prediction For 2024
In summary, Eimco Elecon has surged by ₹776.60, achieving a notable +48.54% increase from 1st January 2024 to 22 Nov 2024. Our analysis of Eimco Elecon for 2024 predicts an additional rise of -6.68% to -4.73% by the end of 2024 with three potential targets T1: 2400.00, T2: 2425.00, T3: 2450.00. Stop Loss at SL1: 2367.00, SL2: 2332.30, SL3: 2301.00.
Eimco Elecon has a 52-week high of ₹3499.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1268.50, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Eimco Elecon.
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Eimco Elecon Share Price Target For 2025
The line chart displays the monthly closing prices of Eimco Elecon with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Eimco Elecon shares in 2025, see the table below.
Eimco Elecon Share Price Target Table For 2025
| Eimco Elecon's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 3826.33 (+48.79%) | Fibonacci Extension Level 123.6% |
| 2025 Target 2 | 3756.82 (+46.08%) | Price Action: Chart |
| 2025 Target 1 | 3719.62 (+44.64%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 2571.60 | Eimco Elecon's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 2049.48 (-20.31%) | Price Action: Chart |
| Stop Loss 2 | 2028.99 (-21.11%) | Price Action: Chart |
| Stop Loss 3 | 1992.47 (-22.53%) | Price Action: Chart |
Summary: Eimco Elecon Share Price Prediction For 2025
In summary, Eimco Elecon has surged by ₹776.60, achieving a notable +48.54% increase from 1st January 2024 to 22 Nov 2024. Our analysis of Eimco Elecon for 2025 predicts an additional rise of 44.64% to 48.79% by the end of 2025 with three potential targets T1: 3719.62, T2: 3756.82, T3: 3826.33. Stop Loss at SL1: 2049.48, SL2: 2028.99, SL3: 1992.47.
Eimco Elecon has a All-Time high of ₹3499.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1268.50, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Eimco Elecon, we have created a specific page for that check here: Eimco Elecon Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Eimco Elecon Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Eimco Elecon share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 14.37% over the next 15 years.
For complete year by year Eimco Elecon long term share price target from 2024, 2025 to 2039 check the below table.
Eimco Elecon Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Eimco Elecon Target | YoY Change % |
|---|---|---|
| 2024 | ₹2,571.6 | [Current Price] |
| 2024 | ₹3,199.76 | 24.42% |
| 2025 | ₹4,251.59 | 32.87% |
| 2026 | ₹6,086.71 | 43.16% |
| 2027 | ₹7,640.03 | 25.51% |
| 2028 | ₹8,129.97 | 6.41% |
| 2029 | ₹9,688.35 | 19.16% |
| 2030 | ₹10,385.45 | 7.19% |
| 2031 | ₹12,901.69 | 24.22% |
| 2032 | ₹14,629.12 | 13.38% |
| 2033 | ₹14,416.98 | -1.46% |
| 2034 | ₹16,176.95 | 12.2% |
| 2035 | ₹16,519.3 | 2.11% |
| 2036 | ₹19,716.68 | 19.35% |
| 2037 | ₹21,618.22 | 9.64% |
| 2038 | ₹20,704 | -4.23% |
| 2039 | ₹20,970.31 | 1.28% |
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Eimco Elecon Past Performance
- In 1995, Eimco Elecon opening price was ₹83.33
- As of Fri 22 Nov 2024 the price stands at ₹2,571.6.
- This represents a Compound Annual Growth Rate (CAGR) of 12.11%.
- In 29 years, an investment of 10,000 would have become ₹3.08 Lakh.
As we wrap up, we hope you like our study on Eimco Elecon share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
