This Multibagger stock has made 1 lakh to 12 lakh in just two years!

Elecon Engineering Company Ltd:

The share price of Elecon Engineering has seen a jump of more than 1100 percent during the last two years.

[{"selector":"#anim-69d1822e-140f-4ead-97d6-1a4dd857e9c1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3472c6de-539a-4105-a915-6454a3eec6ba","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-107be54a-50e6-49d7-afb5-ed38a956701c","keyframes":{"transform":["translate3d(0px, 137.32193%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The share price of Elecon Engineering was Rs 26.10 on 20 July 2020, which reached Rs 331.25 on 19 July 2022.

[{"selector":"#anim-2699dc34-fe78-4330-b406-defe803b72a8","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9c0d279a-72fd-4799-b144-350ff803811d","keyframes":{"transform":["translate3d(0px, 137.32193%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-513493ec-04a9-4dc9-9821-53ab1724b4b7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.240316969414234%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

If an investor had invested Rs 1 lakh in this stock two years ago, today its value would have reached around Rs 12 lakh.

[{"selector":"#anim-8627973a-0b83-437d-a8c6-119d6d05cab7","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0dc1f6d7-9ccc-44d8-9a66-d39b74af5ba7","keyframes":{"transform":["translate3d(0px, 130.96926%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae86700a-9519-42bc-bdf1-8939597d761a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Elecon Engineering is engaged in the field of Power Transmission Solutions and Material Handling Equipment.

[{"selector":"#anim-88f5e704-1e0a-4a1d-b681-d987fc870c58","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b0067c58-cf35-4967-a008-d49dd6f1baec","keyframes":{"transform":["translate3d(0px, 137.32193%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a4cb9c43-4c29-4971-b4ef-ce6199793d97 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.256625327962045%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

It caters to the needs of sectors like Steel, Coal, Fertilizers, Cement, Mines, and Power Stations at home and abroad.

[{"selector":"#anim-c2e7ba49-df4e-41ef-8147-e3bcb996ada2","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d3055764-f310-4e6f-86d3-c18f01806f92","keyframes":{"transform":["translate3d(0px, 134.69268%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8fd06018-d237-4e3a-bed4-5dc9fdfe5833 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.311716811637385%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Elecon Engineering has emerged as the largest gear manufacturing company not only in India but in Asia.

[{"selector":"#anim-61f984fc-b71c-4630-977c-1d00fda33549","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f109edb9-47e1-424e-a26c-ca7ed9398a00","keyframes":{"transform":["translate3d(0px, 141.80912%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-883d48ef-9bb2-43a9-b565-e8360d02d39e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

This company is part of the BSE Smallcap Index. Elecon has outperformed the index with its performance.

[{"selector":"#anim-c5483cf8-ad01-44f0-aef4-1cb55bc1cf4b","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-212efebe-7d26-4231-89e5-bdf5f1c9711f","keyframes":{"transform":["translate3d(0px, 140.26892%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0ab3224f-3351-4104-99c0-00e5181a489b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.81616854131687%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}]

In FY2022, the company's net revenue grew by 15.2% to Rs 1203 crore and PBIDT grew by 33.3% to Rs 255.7 crore.

[{"selector":"#anim-f521d8e4-cfec-496a-b350-2eac347c997f","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e729e00-2e27-400b-a04a-5e729eb7d9dc","keyframes":{"transform":["translate3d(0px, 137.96295%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-024699fa-568c-4388-a6d5-be0d63ad44c1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

In FY2022, the company's Profit After Tax increased by 149 percent to Rs 139 crore as compared to the previous year.

[{"selector":"#anim-4ee2f8f7-b1f0-4212-8e21-1e5f9b6ebdb0","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-014b56d9-922b-44f6-a77d-92c2c24afb86","keyframes":{"transform":["translate3d(0px, 137.96295%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cc78b93c-cc2a-43c9-b92b-e743ad458863 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Elecon Engineering Company Ltd Mkt cap: 3.63TCr P/E ratio: 25.83 Div yield: 0.31% 52-wk High: 348.45 52-wk low: 128.05

[{"selector":"#anim-bd134fb7-49e0-4388-a690-940c77bacd0a","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c05fbd07-132b-48b9-a517-adb2f206ff5e","keyframes":{"transform":["translate3d(0px, -212.08398%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] More Story...