NSE: ELECON · 2 November 2026
- Elecon Engineering Co. Ltd. (ELECON) gained 4.41% on Monday, closing at ₹438.25 after moving between an intraday high of ₹440.55 and a low of ₹419.60.
- Elecon Engineering reported its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Consolidated revenue for the quarter reached ₹639 crores, marking a 10.5% year-on-year increase, while EBITDA rose 17.7% to ₹148 crores. The consolidated open order book stood at ₹1,635 crores as of September 30, 2026.
- Trading volume was 0.21 times the 20-day average daily volume.
Why is Elecon Engineering Co. share price rising on 2 November 2026?
Elecon Engineering Co. Ltd. (ELECON) gained 4.41% on Monday, closing at ₹438.25 after moving between an intraday high of ₹440.55 and a low of ₹419.60.
The broader Nifty moved up by 1.68% during the session, reflecting positive underlying market sentiment. Elecon's upward price action coincided with this broader market advance, helping the stock recover some ground following recent corrections that saw prior session returns of -4.06% and a 20-day return of -0.40%.
Company disclosures from October highlight operational developments such as an interim dividend of Re. 0.50 per equity share announced following the board meeting on October 14, 2026, with a record date of October 21, 2026. While these corporate actions provide fundamental context for shareholders, no single same-day catalyst was officially linked to today's price move.
4.42 lakh shares traded by 2 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 21.11 lakh shares (0.21 times). The five-day average daily volume was 4.66 lakh shares. Separately, the NSE report for 2 November 2026 showed 1.73 lakh shares delivered, representing 39.21% of that day’s traded volume. The same report recorded 29,096 trades.
The stock moved higher by 4.41% following consecutive negative sessions (-4.06% prior and -2.25% two sessions prior) amid a positive broader market context where the Nifty rose 1.68%. Volume remained subdued relative to its 20-day average, suggesting a lack of aggressive fresh catalysts.
Latest Company Developments
Elecon Engineering reported its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Consolidated revenue for the quarter reached ₹639 crores, marking a 10.5% year-on-year increase, while EBITDA rose 17.7% to ₹148 crores. The consolidated open order book stood at ₹1,635 crores as of September 30, 2026.
Provides a comprehensive view of operational performance and revenue visibility across the gear and material handling equipment divisions.
The board of directors approved an interim dividend of Re. 0.50 per equity share of face value Re. 1.00 each for the financial year 2026-27. The company fixed October 21, 2026, as the record date for determining shareholder eligibility for the payout.
Directly impacts shareholder returns and outlines the cash distribution timeline for investors on the register by the record date.
Elecon Engineering Company Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
'Communication to Shareholders Interim Dividend for FY 2026-27 – Intimation on Tax Deduction at Source (TDS) / withholding tax on Interim Dividend '.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 6.73% on 30 September 2026. This compares with 5.78% on 30 June 2026, a change of +0.95 percentage points.
The filing reported 25 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress on the consolidated open order book of ₹1,635 crores
- Dispatch and credit of the interim dividend scheduled for November 2026
- Volume participation relative to the 20-day average volume benchmark
- Segment performance across transmission equipment and material handling divisions
More Elecon Engineering Co. news and dated analysis →
Frequently Asked Questions
What is the latest Elecon Engineering Co. company news?
Elecon Engineering reported its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Consolidated revenue for the quarter reached ₹639 crores, marking a 10.5% year-on-year increase, while EBITDA rose 17.7% to ₹148 crores. The consolidated open order book stood at ₹1,635 crores as of September 30, 2026.
How strong was Elecon Engineering Co.’s trading volume?
4.42 lakh shares traded, 0.21 times the 20-day average daily volume. The price and volume data are dated 2 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.