12.80INR
3.71 BINR
30.41 BINR
187.24 M
About ELGI EQUIPMENT LTD
Sector
Industry
CEO
Jairam Varadaraj
Website
Headquarters
Coimbatore
Employees (FY)
2.13 K
Founded
1960
ISIN
INE285A01027
FIGI
BBG000CQXLC2
ELGI Equipments Ltd. is a holding company, which engages in the manufacture of air compressors. It operates through the Air Compressors and Automotive Equipment segments. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, air accessories, heat recovery system, and railway compressors. It offers coolants and lubricants, air audit, service agreements, energy saving products, and customer care. The company was founded on March 14, 1960 and headquartered in Coimbatore, India.
ON-Neck Breakout on Daily ChartHi,
An bullish on-neck Breakout pattern emerged on the daily chart of NSE:ELGIEQUIP
MACD on daily, weekly and monthly time frame is on the bullish side and also expecting the bullish setup to continue.
Level of Entry, Exit & Stop loss mentioned on the chart.
This idea is for educational purpo
ELGIEQUIP | Positional Trade📊 DETAILS
Sector: Compressors / Pumps
Mkt Cap: 18,398 cr
Incorporated in 1960, Elgi Equipments Limited along with its subsidiaries, is in the business of manufacturing and supplying Air Compressors
** & Automotive Equipments**. It is also providing related after sales services
TTM PE :
ELGI EQUIPMENT CUP 1.Formed cup and handle chart pattern
2.Breakout above 623, so keep in watchlist
3.Fundamental Data points
Market Cap
₹ 19,224 Cr.
Stock P/E
47.8
Book Value
₹ 46.1
Dividend Yield
0.33 %
ROCE
24.4 %
ROE
23.8 %
PEG Ratio
1.98
Debt to equity
0.43
Price to Earning
47.8
Industry PE
47.0
Price to book va
Buy CallPrice in support
Volume : Good
Target 1 : 585
Remaining targets are in Green line
Only for study purpose
ELGIEQUIP consolidation breakout ELGIEQUIP formed a base ( triangle pattern ) on a daily time frame. if breaks out the upper border of the triangle it will be the potential short-term swing trading opportunity.
DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) pu
elgi equipmentLong term chart showing strength towards upper side we can see 600 and more minimum in coming month
Elgiequip (Weekly): Breakout Soon#ELGIEQUIP #breakout #breakoutsoon #breakoutcandidate #Vcppattern #vcpbreakout
ELGIEQUIP : Holding Period (1-3 months)
>> Beautiful VCP pattern Visible
>> Good Volume Contraction Visible
>> Good Strength in stock
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liki
Elgi Equipment- CUP and HANDLE Breakout pendingElgi Equipment- Handle formation yet to complete for the target of 770. Even after C&H breakout, weekly candle close above 583 only will give momentum to fly higher.
Note: This is for educational purpose only.
ELGIEQUIPvcp characteristics
-The Stock must be in stage 2 uptrend.
-A period of price consolidation must take place in thebase. ...
-Price volatility must contract through the base (from left to right). ...
-Price must correct through a series of smaller contractions.
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Frequently Asked Questions
The current price of ELGIEQUIP is 623.55 INR — it has decreased by 0.38% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange ELGI EQUIPMENT LTD stocks are traded under the ticker ELGIEQUIP.
ELGI EQUIPMENT LTD is going to release the next earnings report on May 27, 2024. Keep track of upcoming events with our Earnings Calendar.
ELGIEQUIP stock is 3.34% volatile and has beta coefficient of 0.30. Check out the list of the most volatile stocks — is ELGI EQUIPMENT LTD there?
One year price forecast for ELGI EQUIPMENT LTD has a max estimate of 690.00 INR and a min estimate of 345.00 INR.
ELGIEQUIP earnings for the last quarter are 2.90 INR per share, whereas the estimation was 2.30 INR resulting in a 26.09% surprise. The estimated earnings for the next quarter are 3.01 INR per share. See more details about ELGI EQUIPMENT LTD earnings.
ELGI EQUIPMENT LTD revenue for the last quarter amounts to 8.06 B INR despite the estimated figure of 8.01 B INR. In the next quarter revenue is expected to reach 8.54 B INR.
Yes, you can track ELGI EQUIPMENT LTD financials in yearly and quarterly reports right on TradingView.
ELGIEQUIP stock has fallen by 1.26% compared to the previous week, the month change is a 1.00% fall, over the last year ELGI EQUIPMENT LTD has showed a 22.25% increase.
ELGIEQUIP net income for the last quarter is 838.80 M INR, while the quarter before that showed 912.88 M INR of net income which accounts for −8.11% change. Track more ELGI EQUIPMENT LTD financial stats to get the full picture.
Today ELGI EQUIPMENT LTD has the market capitalization of 198.16 B, it has increased by 7.28% over the last week.
Yes, ELGIEQUIP dividends are paid annually. The last dividend per share was 2.00 INR. As of today, Dividend Yield (TTM)% is 0.32%. Tracking ELGI EQUIPMENT LTD dividends might help you take more informed decisions.
ELGI EQUIPMENT LTD dividend yield was 0.45% in 2022, and payout ratio reached 17.07%. The year before the numbers were 0.41% and 20.39% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, ELGIEQUIP shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ELGI EQUIPMENT LTD stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 2.13 K employees. See our rating of the largest employees — is ELGI EQUIPMENT LTD on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ELGI EQUIPMENT LTD technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ELGI EQUIPMENT LTD stock shows the buy signal. See more of ELGI EQUIPMENT LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on ELGI EQUIPMENT LTD future price: according to them, ELGIEQUIP price has a max estimate of 690.00 INR and a min estimate of 345.00 INR. Read a more detailed ELGI EQUIPMENT LTD forecast: see what analysts think of ELGI EQUIPMENT LTD and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ELGI EQUIPMENT LTD EBITDA is 4.88 B INR, and current EBITDA margin is 14.62%. See more stats in ELGI EQUIPMENT LTD financial statements.