Eimco Elecon (India) Limited
Quality, valuation, momentum and financial trend all sit near 63/100 — no single factor dominates.
Buy zoneEimco Elecon (India) Limited earns a Buy from StocksWizard, with a blended score of 63/100. We put fair value near ₹1,829.36; at ₹1,780.8 that leaves roughly 3% upside, so the stock screens fairly valued. On 26.1x trailing earnings it sits cheaper than the Industrials median of about 29.0x. The price is about 26% below its 52-week high of ₹2,419.05 and 25% above the low of ₹1,425.06. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 3/9. The average analyst target of ₹2,106 implies about 18% upside across 1 analysts. It clears 8 of 11 investability checks, with durability 69, valuation 64 and momentum 71 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹1,463.49.
Analyst views
1-year price
EOD · 2026-07-3152-week range
-26.38% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Buy63Piotroski F-score 3/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- No data: ROE above 15%
- Pass: Low debt (D/E < 0.5): 0.01x
- Fail: Positive free cash flow
- Pass: Revenue growth > 10%: 15%
- Pass: Earnings growing: 6%
- Pass: Net margin ≥ 10%: 16.3%
- No data: Current ratio > 1.5
- Pass: Below our fair value
- Fail: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Pass: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 12.35
- Fail: Piotroski ≥ 7: 3/9
Quarterly results
Annual financials
Shareholding
- Promoter53.7%
- Institutions1.7%
- Public & other44.5%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Lightly leveraged balance sheet.
- Healthy profit margin (16.3%).
- Financially solid — Altman Z 12.35.
Opportunities
- Revenue growing (15% YoY).
- Trading in our value buy zone versus sector peers.
Bear case
Weaknesses
- Weak Piotroski score (3/9).
About Eimco Elecon (India) Limited
Eimco Elecon (India) Limited manufactures and sells mining and construction equipment including air motors, chair lifts, coal haulers, drill machines, load haul dumpers, dump trucks, piling rigs, loaders, and continuous miner packages. Incorporated in 1974, the company is based in Vallabh Vidya Nagar, India.
Eimco Elecon (India) Limited — frequently asked questions
Is Eimco Elecon (India) Limited a buy, hold or sell?
StocksWizard currently rates Eimco Elecon (India) Limited (EIMCOELECO) a Buy, based on a blended score of 63/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Eimco Elecon (India) Limited's fair value?
Our blended DCF and relative-valuation model estimates Eimco Elecon (India) Limited's fair value at about ₹1,829.36, versus a current price of ₹1,780.8 — roughly 3% upside. On that basis the stock looks fairly valued.
Is Eimco Elecon (India) Limited financially healthy?
Eimco Elecon (India) Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 3/9.
How has Eimco Elecon (India) Limited's share price performed?
Eimco Elecon (India) Limited is up 15% over three months, and last traded at ₹1,780.8. Past performance doesn't predict future returns.
More in Industrials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.