ELGIEQUIP · Industrials · 2026-08-21

Elgi Equipments Ltd

7.0★★ GoodSolid +4.2Stage 2 · wk 18In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹634.4
+0.30% today
₹19,997 Cr · Mid cap
About this companyIndustrials· Industrial Machinery
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Elgi Equipments Limited manufactures and sells air compressors and related parts in India, Europe, Australia, the United States, and internationally. It operates through two segments, Air Compressors and Automotive Equipments. The company offers oil lubricated screw and piston air compressors, oil free piston and screw air compressors, rotary and reciprocating air compressors, diesel and electric portable air compressors, railway air compressors, heat recovery systems, and medical air compressors and vacuum pumps, as well as air accessories; air compressor parts, filters and separators, lubricants and fluids, and service kits, and other accessories; and air compressor service. It is also involved in the trading of air compressors, nitrogen systems, and altitude training systems; manufacture and trading of automotive garage equipment, compressed air systems, and vacuum pumps for medical applications; renting of property; and provision of design services. In addition, the company manufactures and trades compressors, hydraulic hammers, and rampi cars. The company serves manufacturing, textile, agriculture, automotive, and construction industries. Elgi Equipments Limited was incorporated in 1960 and is based in Coimbatore, India.

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P/E (TTM)
45.2
Forward 37.5
Earnings Growth (YoY)
+18.2%
Revenue +18.4%
Dividend Yield
0.39%
P/B 9.1
vs 52W High
-0.5%
₹415.6 lo₹637.8 hi
Near 52W high
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 18
1w13w26w
Week 18 — proven structure, sweet spot
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
20.4%
200 DMA: ₹526.9 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
1.40x
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 · +2.1% vs MA50 +1.2%
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 #73 of 162 Stage 2 stocks in Industrials by RS.
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 #22 of 41 Stage 2 stocks in this industry.
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 28w
S2 14w
S4 26w
S2 18w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 12w → S3 12w → S2 28w → S3 4w → S2 14w → S3 8w → S4 26w → S1 9w → S2 5w → S3 4w → S4 8w → S1 6w → S4 7w → S1 7w → S2 18w current
Total tracked: 168 weeks across 15 stage runs.
1M
+8.2%
3M
+13.2%
6M
+26.4%
YTD
+39.1%
1Y
+26.8%
Scan Membership
Breakout Watch
Latest: 2026-04-15
3 appearances in last 60 days. First seen: 2024-06-21.
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 18 · Vol —x
2026-08-20S2
Wk 18 · Vol —x
2026-08-19S2
Wk 18 · Vol —x
2026-08-18S2
Wk 18 · Vol —x
2026-08-17S2
Wk 18 · Vol —x
2026-08-14S2
Wk 17 · Vol —x
2026-08-13S2
Wk 17 · Vol —x
2026-08-12S2
Wk 17 · Vol —x
2026-08-11S2
Wk 17 · Vol —x
2026-08-10S2
Wk 17 · Vol —x
2026-08-07S2
Wk 16 · Vol —x
2026-08-06S2
Wk 16 · 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
₹593.3
200 DMA
₹526.9
52W High
₹637.8
52W Low
₹415.6
5D Low
₹614.2
Resistance levels (recent highs)
20d High
₹637.8
60d High
₹637.8
120d High
₹637.8
250d High
₹637.8
Next resistance
+0.5%
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.