Sign in to fuzzto save your conversations, follow your research and come back anytime.

Elecon Engineering Company Ltd is an Indian manufacturer of material handling equipment and power transmission solutions. Established in 1951, the company designs, manufactures, and markets products through networks in India and international locations. Their product range includes wagon tipplers, stacker reclaimers, and various material handling systems. Elecon operates in two main segments: Transmission Equipment, which produces gearboxes and related items, and Material Handling Equipment, which manufactures and executes projects for various material handling systems. The company has manufacturing facilities in Vallabh Vidyanagar, Gujarat, and serves both domestic and international markets.
In the news

Elecon Engineering Q1 profit drops 60% to ₹70.4 crore, broker recommends buy

Emkay and ICICI Securities bullish on Elecon Engineering with ₹600 target

5 Stocks to Buy: Dixon Tech, Belrise, Marksans Pharma

Elecon Engineering Q4 profit drops to ₹97 cr, HDB Financial gains

Sagar Cements to Sell 8.14% Andhra Cements Stake via OFS

Elecon Engineering shares drop 14% on CFO exit, wins GST appeal

Elecon Engineering shares plunge 16% to 9-month low on Q3 results
Company insights, generated from the most recent coverage.
MHE Division underperforming with revenue down 2.9% YoY and EBIT down 25.3% YoY in Q1 FY27, offsetting Gear division strength.
Chairman & MD Prayasvin B. Patel and Independent Director Pranav C. Amin re-appointed, signaling leadership continuity and strong governance.
Net cash position of ~₹700 Cr supports ₹400 Cr capex program over FY26–FY28, ensuring capacity expansion without debt burden.