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.
Indian Market Performance
7D7 Days: -1.8%
3M3 Months: 5.5%
1Y1 Year: -6.0%
YTDYear to Date: -0.3%
Over the last 7 days, the market has dropped 1.8%, driven by a loss of 2.7% in the Financials sector. The market has dropped 6.0% in the last year. As for the next few years, earnings are expected to grow by 15% per annum. Market details ›
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