Eimco Elecon (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Eimco Elecon |
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Price: ₹2,205.40 | ||
| 52 Week Low: ₹1,268.50 52 Week High: ₹3,499.00 |
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| Market Capital: 1,380.52 Crore (Smallcap) | |||
| Industrials -> Farm & Heavy Construction Machinery | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Eimco Elecon Share Price Target For 2024
- 1.1.1: Eimco Elecon Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Eimco Elecon Share Price Target For 2025
- 1.2.1: Eimco Elecon Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Eimco Elecon Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Eimco Elecon Brief Company Overview
- 4: Eimco Elecon Financial Performance
- 4.0.1: Is Eimco Elecon A Good Buy For Long Term?
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
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 2345.65 (+6.35%) | Price Action: 19 Dec 2024 High |
| 2024 Target 2 | 2316.05 (+5.01%) | Price Action: 13 Nov 2024 Low |
| 2024 Target 1 | 2289.25 (+3.80%) | Price Action: Nov 2024 Low |
| Current Price | 2205.40 | Eimco Elecon's share price as of 20 Dec 2024 |
| Stop Loss 1 | 2170.1 (-1.61%) | Price Action: Chart |
| Stop Loss 2 | 2148.4 (-2.59%) | Price Action: Chart |
| Stop Loss 3 | 2109.73 (-4.34%) | Price Action: Chart |
Short-Term Technical Outlook
Current Technical Position: Eimco Elecon is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹2451.27 serves as the nearest technical reference point.
Historical Returns: 3-month: -22.34% | 6-month: -6.96% | 1-year: +38.16%
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
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 3761.19 (+70.54%) | Price Action: Chart |
| 2025 Target 2 | 3691.06 (+67.36%) | Price Action: Chart |
| 2025 Target 1 | 3654.51 (+65.70%) | Fibonacci Extension Level 64.90% |
| Current Price | 2205.40 | Eimco Elecon's share price as of 20 Dec 2024 |
| Stop Loss 1 | 1852.0 (-16.03%) | Price Action: Chart |
| Stop Loss 2 | 1833.48 (-16.87%) | Price Action: Chart |
| Stop Loss 3 | 1800.48 (-18.37%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Eimco Elecon is currently trading at 42.0% of its 52-week range (₹1268.5 - ₹3499).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +38.16% | 3-year: +568.93% | 5-year: +676.74%
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Approach 2: Machine Learning By Studying Historical Prices
Eimco Elecon Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹2,205.40 | ||
| 2024 | ₹3,303.23 | +49.78% | ₹3,352.78 |
| 2025 | ₹4,516.50 | +36.73% | ₹4,630.88 |
| 2026 | ₹6,566.68 | +45.39% | ₹6,665.18 |
| 2027 | ₹8,322.65 | +26.74% | ₹8,447.49 |
| 2028 | ₹8,915.28 | +7.12% | ₹9,049.01 |
| 2029 | ₹10,675.60 | +19.74% | ₹10,835.73 |
| 2030 | ₹11,485.81 | +7.59% | ₹12,374.08 |
| 2031 | ₹14,309.88 | +24.59% | ₹14,524.53 |
| 2032 | ₹16,263.68 | +13.65% | ₹16,507.64 |
| 2033 | ₹16,058.61 | -1.26% | ₹16,299.49 |
| 2034 | ₹18,047.96 | +12.39% | ₹18,318.68 |
| 2035 | ₹18,455.11 | +2.26% | ₹20,234.20 |
| 2036 | ₹22,053.09 | +19.50% | ₹22,383.89 |
| 2037 | ₹24,204.71 | +9.76% | ₹24,567.78 |
| 2038 | ₹23,201.93 | -4.14% | ₹23,988.89 |
| 2039 | ₹23,517.58 | +1.36% | ₹26,189.97 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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 | 1,380.52 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) | +483,651,008.00 | 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) |
+30.30% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+21.00% | 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 ₹1,380.52 crore, shows strong growth potential. Its impressive 5-year return of 527.21% and a healthy profit margin of 17.98% (TTM net profit ₹48.36 crore on ₹268.91 crore revenue) are positive indicators. While a recent 3-month return of -20.64% is a concern, the low debt (₹78.53 lakh) and substantial cash balance (₹22.67 crore) are reassuring. Considering the robust past performance and financial health, Eimco Elecon could be a good buy for long-term investors with a moderate risk tolerance. However, further due diligence is recommended before investing.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
