The top Indian manufacturer of power transmission and material handling equipment, Elecon Engineering Company Ltd, has gained a lot of attention in the stock markets recently. Owing to its deep product portfolio and international sales, Elecon has remained a household name in the engineering domain. While the company broadens its reach, predicting share price movements from 2025 to 2030 would be beneficial for investors looking to recover value.
In this post, we will understand Elecon Engineering's share price targets for the years 2025 to 2030 using information available on Screener.in, Moneycontrol.com, and other useful market research studies and trend analysis.
Current Stock Details of Elecon Engineering (As of January 2025)
Before getting into future projections, let’s look at the latest stock details of Elecon Engineering, sourced from Screener.in and Moneycontrol.com:
Open: ₹611.00
Previous Close: ₹605.50
Volume: 2,047,890
Value (Lacs): 12,532.45
VWAP: ₹615.25
Beta: 1.30
Market Capitalization: ₹13,713 Crores
52-Week High: ₹739.00
52-Week Low: ₹395.00
Upper Circuit Limit: ₹745.00
Lower Circuit Limit: ₹485.00
Face Value: ₹2.00
Elecon Engineering Share Price Target Forecasts from 2025 to 2030
Year Share Price Target (₹)
2025 700 – 800
2026 850 – 950
2027 1,000 – 1,150
2028 1,200 – 1,400
2029 1,500 – 1,750
2030 1,800 – 2,000
These projections are based on the company’s strong fundamentals, ongoing expansion, and strategic initiatives in emerging sectors.
Analysis of Elecon Engineering Share Price Targets
Elecon Engineering Share Price Targets 2025
The year 2025 is expected to be moderately favorable for Elecon Engineering. Considering the increasing spending on infrastructure development in India and overseas, the share price is expected to be between ₹700 and ₹800. The following factors are expected to contribute to this growth:
Increase in the need for power transmission and material handling services High promoter ownership and very low debt Growth in tier 2 and tier 3 cities
Elecon Engineering Share Price Targets 2026
In the year 2026, Elecon Engineering’s share price is predicted to break the ₹800 and reach the mark of ₹950. This surge will probably be because of:
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Greater investments in renewable energy industries.
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Increase in international expansion activities.
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Ongoing R&D and product development activities.
Elecon Engineering Share Price Targets 2027
In 2027, it is expected that Elecon will reach a share price level of ₹1,000 to ₹1,150. Some other elements that will stimulate the growth are:
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Improved supply chain efficiencies.
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Product diversification and expansion to meet international standards.
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Positive market sentiment due to increased infrastructure spending.
Elecon Engineering Share Price Targets 2028
Milestone achievement for Elecon Engineering is anticipated in 2028 as the share price is expected to range between ₹1,200 and ₹1,400. Growth for the company in this period will likely stem from:
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More strategic partnerships and collaborations.
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Rising demand for advanced material handling systems.
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Shift toward more sustainable and energy-efficient devices.
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Elecon Engineering Share Price Targets 2029
With the prediction of Elecon's share price landing between ₹1,500 and ₹1,750. The following factors will bring this growth:
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Penetration into emerging continents such as Africa and Southeast Asia.
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Investment in the enhancement of the digital footprint and online business activities.
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Expanding interest in varied forms of automation in industries.
Elecon Engineering Share Price Targets 2030
Owing to the long-term growth strategy of the company, it is projected that Elecon Engineering will touch a share price of ₹1800 to ₹2000 in 2030. This projection is mainly supported by to:
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Regular spending on novel technologies.
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Continued emphasis on customer-focused approaches.
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Response to the shift in global market dynamics.
Revenue Structure for Elecon Engineering (Past Performance)
FY23: Revenue ₹2,007 Crores | Net Profit ₹198 Crores
FY24: Revenue ₹2,512 Crores | Net Profit ₹234 Crores
Factors Influencing Elecon Engineering Share Price Growth
The company’s products form the backbone of many Elecon Engineering infrastructure projects. As a result, the client’s innovations continue to maintain a strong competitive position.
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Continuous R&D ensures a competitive edge for Elecon and helps enable domination of their market.
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Investment in marketing is commonly directed towards the promotion of revenue-yielding ventures.
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Consistent revenue growth reinforces industry participant’s expectation of growth in investment value.
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International marketing investment into developing regions increases investment income.
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Sustained government spending on the development of infrastructure and of alternative energy sources fosters growth.
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Receding market income caused by widening competition in alternative energy marketing increases market adaptability.
Potential Costs
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Reduction in market spending increases expenditure on capital.
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Change in government policy increases operational expenditure.
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Increases in the cost of materials and supply chain services.
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Widening market competition increases competition in the domestic market industry and foreign industries.
Conclusions
Supported by robust fundamentals, strategic initiatives, and a positive market outlook, industry participants expect Elecon Engineering Company Ltd. to exhibit moderate growth between 2025 and 2030. The long-range plan projects promising results; however, investors should weigh the risks and do sufficient study before pursuing options. In summary, with clever approaches to the marketplace and innovation, Elecon will remain a market leader and thus is an ideal investment for those looking to make long-term commitments.