Elecon Engineering Share Price Target From 2025 To 2030

Elecon Engineering Company Ltd., a leading Indian manufacturer specializing in power transmission and material handling equipment, has garnered significant attention in the stock market. Known for its robust product portfolio and global reach, Elecon continues to be a prominent name in the engineering sector. As the company expands its footprint, understanding its share price trajectory from 2025 to 2030 can help investors make informed decisions.

In this article, we analyze Elecon Engineering's share price targets for 2025 to 2030, leveraging data from Screener.in and Moneycontrol.com, along with insights into market trends and growth drivers.

Current Stock Details of Elecon Engineering (As of January 2025)

Before diving 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

These projections are based on the company’s strong fundamentals, ongoing expansion, and strategic initiatives in emerging sectors.

2025 Elecon Engineering Share Price Target: ₹700 – ₹800

The year 2025 is anticipated to bring moderate growth for Elecon Engineering. With rising infrastructure development in India and abroad, the company’s share price is projected to range between ₹700 and ₹800. Factors driving this growth include:

• Increased demand for power transmission and material handling solutions.

• Strong promoter holding and minimal debt.

• Expansion in tier-2 and tier-3 cities.

2026 Elecon Engineering Share Price Target: ₹850 – ₹950

By 2026, Elecon Engineering’s share price is expected to breach the ₹800 mark, reaching up to ₹950. Growth in this year will likely be fueled by:

• Enhanced penetration in international markets.

• Rising investments in renewable energy sectors.

• Continued focus on R&D and product innovation.

2027 Elecon Engineering Share Price Target: ₹1,000 – ₹1,150

In 2027, Elecon is projected to achieve a share price of ₹1,000 to ₹1,150. Key factors contributing to this growth include:

• Improved supply chain efficiencies.

• Expansion of product lines tailored to global standards.

• Positive market sentiment driven by increasing infrastructure projects.

2028 Elecon Engineering Share Price Target: ₹1,200 – ₹1,400

The year 2028 is expected to be a milestone for Elecon Engineering, with share prices ranging from ₹1,200 to ₹1,400. The company’s growth in this period will likely be influenced by:

• Strategic partnerships and collaborations.

• Growing demand for advanced material handling solutions.

• Increased focus on sustainability and energy-efficient products.

2029 Elecon Engineering Share Price Target: ₹1,500 – ₹1,750

By 2029, Elecon’s share price is projected to range between ₹1,500 and ₹1,750. Factors influencing this growth include:

• Expansion into high-growth markets like Africa and Southeast Asia.

• Strong online presence and digital transformation initiatives.

• Rising demand for automation in industrial sectors.

2030 Elecon Engineering Share Price Target: ₹1,800 – ₹2,000

In 2030, Elecon Engineering is expected to reach a share price of ₹1,800 to ₹2,000. The company’s long-term growth will be driven by:

• Consistent investments in advanced technologies.

• Sustained focus on customer-centric solutions.

• Adaptation to changing global market trends.

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

1. Robust Demand for Infrastructure Development: The company’s products are integral to various large-scale projects.

2. Focus on Innovation: Continuous R&D ensures a competitive edge.

3. Strong Financial Performance: Consistent revenue growth boosts investor confidence.

4. Global Expansion: Penetration into emerging markets expands revenue streams.

5. Government Initiatives: Policies supporting infrastructure and renewable energy drive growth.

6. Diversification: Expanding into sectors like renewable energy enhances market resilience.

Potential Risks

• Economic downturns affecting capital expenditure.

• Regulatory changes impacting operational costs.

• Supply chain disruptions and raw material price fluctuations.

• Intense competition from domestic and global players.

Conclusion

Elecon Engineering Company Ltd. is poised for steady growth from 2025 to 2030, supported by robust fundamentals, strategic initiatives, and a positive market outlook. While projections indicate a promising trajectory, potential investors should consider the associated risks and conduct thorough research before making investment decisions. With its strong market presence and innovative strategies, Elecon remains an attractive option for long-term investors.