Eimco Elecon (India) Ltd

Stage 2 · Advancing · week 13Setup 6.6 ★★ GoodSolid +1.1

As of 16 Oct 2026, Eimco Elecon (India) is in Stage 2 — advancing, the uptrend phase, in week 13 (since 17 Jul 2026). It closed at ₹2,295, 6.5% below its 52-week high and above its 200-day average, which is rising. In Industrials, 25.5% of stocks are in Stage 2.

Eimco Elecon (India) Limited engages in the manufacture and sale of equipment for the mining and construction sectors in India. More about the company

₹2,295.3
-1.34% today
₹1,324 Cr · Small cap
Market Neutral — FadingIndustrials 25.5% in Stage 2-2.0 pts / 20dIndustrial Machinery 33.7%-1.0 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

6.6 ★★ Good

Momentum

Steady

Edge

Solid +1.1

Setup-score rank among Stage 2 peers: #12 of 34 in Industrial Machinery · #30 of 130 in Industrials

Is EIMCOELECO early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-6.5%
₹1,428.8 lo₹2,454.2 hi
6.5% 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 13
1w13w26w
Week 13 — proven structure, sweet spot
How long this stock has been in Stage 2. The sweet spot is mid-run — 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
28.8%
200 DMA: ₹1,782.4 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.41x
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 gently rising · +0.6% vs MA50 +9.5%
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.
1M
+0.8%
3M
+25.2%
6M
+40.4%
YTD
+45.7%
1Y
-0.2%
Sector
Industrials
↓ Peaking
Stage 2%
25.5%
20d Δ
-2.0pp
1M return
-0.9%
3M return
-2.5%
Sector Stage-2 % · last 20 days
This stock ranks #98 of 125 Stage 2 stocks in Industrials by RS. Lagging sector peers.
Industry
Industrial Machinery
→ Flat
Stage 2%
33.7%
20d Δ
-1.0pp
1M return
+0.7%
3M return
-1.3%
Industry Stage-2 % · last 20 days
Ranks #28 of 33 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 30w
S2 25w
S4 18w
S4 15w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 30w → S3 8w → S2 25w → S3 12w → S4 18w → S1 7w → S2 9w → S3 10w → S4 15w → S1 5w → S4 11w → S1 5w → S2 13w current
Total tracked: 169 weeks across 13 stage runs.
Scan Membership
Prop Scan
Latest: 2026-10-16
Pullback Hunter
Latest: 2026-08-21
60 appearances in last 60 days. First seen: 2026-07-23.
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
2026-10-16S2
Wk 13 · Vol 0.41x
2026-10-15S2
Wk 13 · Vol 0.72x
2026-10-14S2
Wk 13 · Vol 5.37x
2026-10-13S2
Wk 13 · Vol 7.77x
2026-10-12S2
Wk 12 · Vol 0.84x
2026-10-09S2
Wk 12 · Vol 0.77x
2026-10-08S2
Wk 12 · Vol 2.10x
2026-10-07S2
Wk 12 · Vol 2.86x
2026-10-06S2
Wk 12 · Vol 2.35x
2026-10-05S2
Wk 11 · Vol 0.72x
2026-10-01S2
Wk 11 · Vol 0.55x
2026-09-30S2
Wk 11 · Vol 0.43x
Sector Peers — Stage 2All →
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHREEJISPG
wk 17 · 0.0% from hi
8.4
SHIVAUM
wk 28 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
SPECTRUM
wk 19 · -3.3% from hi
8.2
Moving averages & range
50 DMA
₹2,198.4
200 DMA
₹1,782.4
52W High
₹2,454.2
52W Low
₹1,428.8
5D Low
₹2,239.4
Resistance levels (recent highs)
20d High
₹2,454.2
60d High
₹2,454.2
120d High
₹2,454.2
250d High
₹2,454.2
Next resistance
+6.9%
to 20d High
Ask the Market AI about EIMCOELECOAsk →
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
About this companyIndustrials· Industrial Machinery

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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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.