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EIMCOELECO
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- 1M
- 6M
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Revenue Mix
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Recent events
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News
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Corporate Actions
Eimco Elecon (India) Says JMS Mining Has Reduced Awarded Orders By 93.9 Million Rupees
Dec 3 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
EIMCO ELECON (INDIA) - JMS MINING HAS REDUCED AWARDED ORDERS BY 93.9 MILLION RUPEES
Source text: ID:nNSE7FH9D4
Further company coverage: EIMC.NS
(([email protected];))
Dec 3 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
EIMCO ELECON (INDIA) - JMS MINING HAS REDUCED AWARDED ORDERS BY 93.9 MILLION RUPEES
Source text: ID:nNSE7FH9D4
Further company coverage: EIMC.NS
(([email protected];))
Eimco Elecon (India) hits record high on Q1 profit jump
** Shares of Eimco Elecon (India) EIMC.NS rise 5% to 2,892.40 rupees, hitting a record high and its upper circuit
** The mining equipment maker's June-quarter net profit after tax more than doubled, while rev from ops jumped 59%
** EIMC on track for fourth straight session of gains
** Stock up ~81% YTD; had jumped over four-fold in 2023 for best yearly gains since listing in 1996
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of Eimco Elecon (India) EIMC.NS rise 5% to 2,892.40 rupees, hitting a record high and its upper circuit
** The mining equipment maker's June-quarter net profit after tax more than doubled, while rev from ops jumped 59%
** EIMC on track for fourth straight session of gains
** Stock up ~81% YTD; had jumped over four-fold in 2023 for best yearly gains since listing in 1996
(Reporting by Dimpal Gulwani in Bengaluru)
Eimco Elecon (India) hits upper circuit after order win
** Shares of mining equipment maker Eimco Elecon (India) EIMC.NS rise as much as 5% to hit upper circuit at 2,157.80 rupees
** EIMC wins order worth 331.1 mln rupees ($4 mln) from Singareni Collieries Company for supply of coal mining equipment
** Stock up 34.9% YTD
** Stock up 41.2% so far this quarter vs fall of 4.5% in March quarter
($1 = 83.4550 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of mining equipment maker Eimco Elecon (India) EIMC.NS rise as much as 5% to hit upper circuit at 2,157.80 rupees
** EIMC wins order worth 331.1 mln rupees ($4 mln) from Singareni Collieries Company for supply of coal mining equipment
** Stock up 34.9% YTD
** Stock up 41.2% so far this quarter vs fall of 4.5% in March quarter
($1 = 83.4550 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Eimco Elecon (India) Gets Order Worth 331.1 Million Rupees
June 19 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
GETS ORDER WORTH 331.1 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: EIMC.NS
(([email protected];))
June 19 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
GETS ORDER WORTH 331.1 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: EIMC.NS
(([email protected];))
Eimco Elecon (India) Dividend Of 5 Rupees Per Share
April 18 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
EIMCO ELECON (INDIA) LTD - DIVIDEND OF 5 RUPEES PER SHARE
Source text for Eikon: ID:nBSEb20qYs
Further company coverage: EIMC.NS
(([email protected];))
April 18 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
EIMCO ELECON (INDIA) LTD - DIVIDEND OF 5 RUPEES PER SHARE
Source text for Eikon: ID:nBSEb20qYs
Further company coverage: EIMC.NS
(([email protected];))
Eimco Elecon (India) Gets Order Of 146.5 Million Rupees
Oct 31 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
GOT ORDER OF 146.5 MILLION RUPEES
Source text for Eikon: ID:nBSE23ylBt
Further company coverage: EIMC.NS
(([email protected];))
Oct 31 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
GOT ORDER OF 146.5 MILLION RUPEES
Source text for Eikon: ID:nBSE23ylBt
Further company coverage: EIMC.NS
(([email protected];))
Eimco Elecon (India) Sept-Quarter Consol Net PAT Rises
Oct 17 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
SEPT-QUARTER CONSOL NET PAT 108 MILLION RUPEES VERSUS 61 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 511.2 MILLION RUPEES VERSUS 368.9 MILLION RUPEES
Source text for Eikon: ID:nNSE146zhR
Further company coverage: EIMC.NS
(([email protected];))
Oct 17 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
SEPT-QUARTER CONSOL NET PAT 108 MILLION RUPEES VERSUS 61 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 511.2 MILLION RUPEES VERSUS 368.9 MILLION RUPEES
Source text for Eikon: ID:nNSE146zhR
Further company coverage: EIMC.NS
(([email protected];))
Eimco Elecon (India) Got Order Worth 389.6 Million Rupees
Oct 13 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
GOT ORDER WORTH 389.6 MILLION RUPEES
GOT ORDER FROM JMS MINING
Further company coverage: EIMC.NS
(([email protected];))
Oct 13 (Reuters) - Eimco Elecon (India) Ltd EIMC.NS:
GOT ORDER WORTH 389.6 MILLION RUPEES
GOT ORDER FROM JMS MINING
Further company coverage: EIMC.NS
(([email protected];))
Eimco Elecon (India) climbs on $7 mln order win
** Shares of mining equipment manufacturer Eimco Elecon (India) EIMC.NS up as much as 5% to 924.70 rupees
** Co said it received an order worth 608.7 mln rupees ($7.33 million)
** Order from Inderdeep Construction Co for supply of coal mining machine package
** YTD stock has surged 133%
($1 = 83.0682 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of mining equipment manufacturer Eimco Elecon (India) EIMC.NS up as much as 5% to 924.70 rupees
** Co said it received an order worth 608.7 mln rupees ($7.33 million)
** Order from Inderdeep Construction Co for supply of coal mining machine package
** YTD stock has surged 133%
($1 = 83.0682 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Eimco Elecon (India) Ltd- Approved Proposal For Divestment Of Its Entire Equity Of Eimco Elecon Electricals
Eimco Elecon (India) Ltd EIMC.NS:
EIMCO ELECON (INDIA) LTD- APPROVED PROPOSAL FOR DIVESTMENT OF ITS ENTIRE EQUITY OF EIMCO ELECON ELECTRICALS
Source text for Eikon: ID:nBSEFKnkT
Further company coverage: EIMC.NS
Eimco Elecon (India) Ltd EIMC.NS:
EIMCO ELECON (INDIA) LTD- APPROVED PROPOSAL FOR DIVESTMENT OF ITS ENTIRE EQUITY OF EIMCO ELECON ELECTRICALS
Source text for Eikon: ID:nBSEFKnkT
Further company coverage: EIMC.NS
Eimco Elecon (India) up most in over 1-1/2 yrs on Q4 profit jump
** Shares of Eimco Elecon (India) Ltd EIMC.NS rise as much as 20% to 466.4 rupees, biggest intraday pct. gain since July 2021
** Mining equipment manufacturer's March-qtr consolidated net profit after tax more than doubles y/y to 98.1 mln rupees ($1.20 million) helped by a fall in input costs
** EIMC's consol. rev from ops also doubles to 642.4 mln rupees
** Stock trading above 50-, 100-, and 200-day moving averages
** Trading volume at ~73,000 shares, 16.8x the 30-day avg of as of 2:20 p.m. IST
** Stock up ~18% so far this year
($1 = 81.9700 Indian rupees)
(Reporting by Biplob Kumar Das in Bengaluru)
** Shares of Eimco Elecon (India) Ltd EIMC.NS rise as much as 20% to 466.4 rupees, biggest intraday pct. gain since July 2021
** Mining equipment manufacturer's March-qtr consolidated net profit after tax more than doubles y/y to 98.1 mln rupees ($1.20 million) helped by a fall in input costs
** EIMC's consol. rev from ops also doubles to 642.4 mln rupees
** Stock trading above 50-, 100-, and 200-day moving averages
** Trading volume at ~73,000 shares, 16.8x the 30-day avg of as of 2:20 p.m. IST
** Stock up ~18% so far this year
($1 = 81.9700 Indian rupees)
(Reporting by Biplob Kumar Das in Bengaluru)
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Popular questions
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What does Eimco Elecon (India) do?
Eimco Elecon (India) Limited is a top manufacturer of mining and construction equipment in India, known for introducing innovative technologies for mechanizing underground mines and dominating the market with a variety of products.
Who are the competitors of Eimco Elecon (India)?
Eimco Elecon (India) major competitors are Kabra Extrus.technik, Axtel Inds., Walchandnagar Inds, Hercules Hoists, TIL, Kothari Products, Guj. Apollo Inds. Market Cap of Eimco Elecon (India) is ₹1,030 Crs. While the median market cap of its peers are ₹751 Crs.
Is Eimco Elecon (India) financially stable compared to its competitors?
Eimco Elecon (India) seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Eimco Elecon (India) pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Eimco Elecon (India) latest dividend payout ratio is 7.48% and 3yr average dividend payout ratio is 12.96%
How has Eimco Elecon (India) allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is Eimco Elecon (India) balance sheet?
Balance sheet of Eimco Elecon (India) is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Eimco Elecon (India) improving?
Yes, profit is increasing. The profit of Eimco Elecon (India) is ₹38.55 Crs for Mar 2024, ₹19.52 Crs for Mar 2023 and ₹8.68 Crs for Mar 2022
Is the debt of Eimco Elecon (India) increasing or decreasing?
The debt of Eimco Elecon (India) is decreasing. Latest debt of Eimco Elecon (India) is -₹16.04 Crs as of Mar-24. This is less than Mar-23 when it was -₹5.62 Crs.
Is Eimco Elecon (India) stock expensive?
Eimco Elecon (India) is not expensive. Latest PE of Eimco Elecon (India) is 26.71, while 3 year average PE is 26.85. Also latest EV/EBITDA of Eimco Elecon (India) is 18.68 while 3yr average is 23.34.
Has the share price of Eimco Elecon (India) grown faster than its competition?
Eimco Elecon (India) has given better returns compared to its competitors. Eimco Elecon (India) has grown at ~16.11% over the last 10yrs while peers have grown at a median rate of 5.72%
Is the promoter bullish about Eimco Elecon (India)?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Eimco Elecon (India) is 73.64% and last quarter promoter holding is 73.64%.
Are mutual funds buying/selling Eimco Elecon (India)?
There is Insufficient data to gauge this.