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EIMCOELECO · Industrials · 2026-08-21

Eimco Elecon (India) Ltd

7.0★★ GoodSolid +4.2Stage 2 · wk 6In scan: Pullback Hunter · Prop Scan · Breakout WatchMARKET: BULL RISING · 2026-08-21
₹2,182.9
+0.13% today
₹1,259 Cr · Small cap
About this companyIndustrials· Industrial Machinery
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Eimco Elecon (India) Limited engages in the manufacture and sale of equipment for the mining and construction sectors in India. Its products include air motors, chair lift man-riding, coal haulers, drill machines, load haul dumpers, dump trucks, piling rigs, rocker shovel loaders, side dump loaders, and wheel loaders, as well as continuous miner package. The company also exports its products. Eimco Elecon (India) Limited was incorporated in 1974 and is headquartered in Vallabh Vidya Nagar, India.

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P/E (TTM)
24.0
Forward 17.0
Earnings Growth (YoY)
-57.2%
Revenue +4.0%
ROE
+8.6%
Profit margin +16.8%
Dividend Yield
0.25%
P/B 2.0
vs 52W High
-6.0%
₹1,428.8 lo₹2,322.8 hi
6.0% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 6
1w13w26w
Week 6 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is typically 13–26 weeks — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
31.1%
200 DMA: ₹1,664.5 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
1.04x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
MA20 trending up · +5.5% vs MA50 +8.2%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Industrials
↑ Building
Stage 2%
37.6%
20d Δ
+1.4pp
1M return
+4.5%
3M return
+8.2%
Sector Stage-2 % · last 20 days
This stock ranks #125 of 162 Stage 2 stocks in Industrials by RS. Lagging sector peers.
Industry
Industrial Machinery
→ Flat
Stage 2%
50.0%
20d Δ
+0.0pp
1M return
+2.0%
3M return
+9.5%
Industry Stage-2 % · last 20 days
Ranks #33 of 41 Stage 2 stocks in this industry.
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-26 → 2026-08-21
S2 38w
S2 25w
S4 18w
S4 15w
2023-05-262026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 38w → S3 8w → S2 25w → S3 12w → S4 18w → S1 7w → S2 9w → S3 10w → S4 15w → S1 5w → S4 11w → S1 5w → S2 5w current
Total tracked: 169 weeks across 13 stage runs.
1M
+21.8%
3M
+36.0%
6M
+34.0%
YTD
+42.7%
1Y
-5.7%
Scan Membership
Pullback Hunter
Latest: 2026-08-21
Prop Scan
Latest: 2026-08-21
Breakout Watch
Latest: 2026-07-17
29 appearances in last 60 days. First seen: 2024-04-15.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-08-21S2
Wk 6 · Vol x
2026-08-20S2
Wk 5 · Vol x
2026-08-19S2
Wk 5 · Vol x
2026-08-18S2
Wk 5 · Vol x
2026-08-17S2
Wk 5 · Vol x
2026-08-14S2
Wk 5 · Vol x
2026-08-13S2
Wk 4 · Vol x
2026-08-12S2
Wk 4 · Vol x
2026-08-11S2
Wk 4 · Vol x
2026-08-10S2
Wk 4 · Vol x
2026-08-07S2
Wk 4 · Vol x
2026-08-06S2
Wk 3 · Vol x
Sector Peers — Stage 2All →
MARINE
wk 13 · -0.3% from hi
9.8
RATNAVEER
wk 14 · -0.8% from hi
9.8
UNIVCABLES
wk 14 · -8.7% from hi
9.4
TIIL
wk 13 · 0.0% from hi
9.3
RKFORGE
wk 3 · -2.4% from hi
9.2
Moving averages & range
50 DMA
₹1,826.5
200 DMA
₹1,664.5
52W High
₹2,322.8
52W Low
₹1,428.8
5D Low
₹2,153.7
Resistance levels (recent highs)
20d High
₹2,189.1
60d High
₹2,189.1
120d High
₹2,189.1
250d High
₹2,322.8
Next resistance
+0.3%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.