Breakout in ELGI RUBBER Ascending Triangle Breakout Setup
RSI above 65 and rising
Trading above EMA50
Volume spurt
Beating ATH
Disc: for study, not a recommendation
2.19 INR
116.61 M INR
3.86 B INR
About ELGI RUBBER CO. LTD
Sector
Industry
CEO
Sudarsan Varadaraj
Website
Headquarters
Coimbatore
Founded
1981
ISIN
INE819L01012
FIGI
BBG001YW0C84
Elgi Rubber Co. Ltd. engages in the provision of manufacture of retreading machinery, reclaimed, and retread rubber. Its brands include Jet, Cincinnati Retread System, Armonas, Pincott, Carbrasive, Midwest Rubber, WesternWeld, Ecorr, and Kooltread. The company was founded on May 13, 1981 and is headquartered in Coimbatore, India.
ELGIRUBCO breaking out of C&H!⚠️Risky Bet.
1⃣Entry: Above 143. Safe to wait for day closing.
2⃣SL: 113.7 Closing basis. Risk is 22% so trade very light or tweak SL as per your appetite.
Technicals:
1⃣C&H on on DTF.
2⃣Volume Buildup with price movement.
3⃣Good Relative Strength
4⃣Wide Range Candles.
Risks ⚠️
1⃣Circuit stock(
ElgiRubber - Multi year cup and handle breakout retestELGI Rubber co. Cup and Handle pattern
One can enter in to this stock between 65 to 90 for upward targets
Invalid below - 48
Disclaimer : Educational Content. Do your own research
Elgi rubber- cup and handle and rounding bottomElgi rubber- C&H breakout done on monthly. Rounding bottom breakout pending at 71. Enter after weekly close above 71 for the target of 100 and 130.
Note: This is for educational purpose only.
#ELGIRUBCO WTF BO with VolumeWTF Stock is in UT, Formed a Cup & Handle BO
The volume before BO was less, on BO 5x avg volume
RS Line making 52WH
MACD Bounce
ELGIRUBCO#InvestmentPick
CUP & HANDLE PATTERN FORMATION
Buy @ cmp 35 & in dips till 24.50 | MCBSL 16
Short-Term to Mid-Term Tgt - 42 / 50
Long-Term Tgt - 73 / 90
Analysis Request: Elgi Rubber@sajid11 :
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Jumping to stock analysis(Technical):
It is c
#ELGIRUBCOELGIRUBCO Ready for a rise
All time frames have momentum
Descending Lows are done
Crossed MIZone
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of ELGIRUBCO is 63.00 INR — it has decreased by −0.08% in the past 24 hours. Watch ELGI RUBBER CO. LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange ELGI RUBBER CO. LTD stocks are traded under the ticker ELGIRUBCO.
ELGIRUBCO stock has fallen by −4.55% compared to the previous week, the month change is a −1.75% fall, over the last year ELGI RUBBER CO. LTD has showed a −11.14% decrease.
ELGIRUBCO reached its all-time high on Dec 30, 2024 with the price of 154.98 INR, and its all-time low was 9.30 INR and was reached on Apr 7, 2020. View more price dynamics on ELGIRUBCO chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ELGIRUBCO stock is 1.94% volatile and has beta coefficient of 2.21. Track ELGI RUBBER CO. LTD stock price on the chart and check out the list of the most volatile stocks — is ELGI RUBBER CO. LTD there?
Today ELGI RUBBER CO. LTD has the market capitalization of 3.16 B, it has increased by 5.88% over the last week.
Yes, you can track ELGI RUBBER CO. LTD financials in yearly and quarterly reports right on TradingView.
ELGIRUBCO net income for the last quarter is −34.96 M INR, while the quarter before that showed −41.28 M INR of net income which accounts for 15.29% change. Track more ELGI RUBBER CO. LTD financial stats to get the full picture.
ELGI RUBBER CO. LTD dividend yield was 0.00% in 2023, and payout ratio reached 0.00%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 22, 2025, the company has 448 employees. See our rating of the largest employees — is ELGI RUBBER CO. LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ELGI RUBBER CO. LTD EBITDA is 230.22 M INR, and current EBITDA margin is 6.59%. See more stats in ELGI RUBBER CO. LTD financial statements.
Like other stocks, ELGIRUBCO 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 RUBBER CO. LTD stock right from TradingView charts — choose your broker and connect to your account.
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 RUBBER CO. LTD technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ELGI RUBBER CO. LTD stock shows the sell signal. See more of ELGI RUBBER CO. 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.