Elecon Engineering share price target 2025

 

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Elecon engineering's PE ratio is 26.53, engineering sector is likely to grow, demand for infrastructure development and engineering services is high

According to an analyst report, the target price is Rs 645, up 43.6% from the current price, it is likely to reach 651 by the end of 2025

It designs industrial gears, transmission products, these materials are used for power, mining, cement, steel, and ports

• Headquarters: Vallabh Vidyanagar, Gujarat, India
• Products Gearboxes, Couplings, Conveyors, Crushers, and Material Handling Equipment
• Global Presence Operates in multiple countries with a strong export market
• Stock Exchange Listing: Listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) under the ticker ELECON
• Financial Performance: The company has shown consistent growth, driven by robust demand from infrastructure and industrial sectors

Company's CFO Kamlesh Shah is confident that the revenue target for FY 25 is around 2225 crores, there are many orders, there is a lot of demand in both gear and material handling divisions

Elecon Engineering's growth is increasing in the overall industrial machinery sector.

One important information is that these projections may have some difference from many analytical models and market assumptions and actual future performance, apart from this there may be market volatility and other unexpected events in the market.