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Elgi Equipments touches 52-week high on getting LOA from Siemens Elgi Equipments is currently trading at Rs. 613.70, up by 67.95 points or 12.45% from its previous closing of Rs. 545.75 on the BSE. The scrip opened at Rs. 558.05 and has touched a high and low of Rs. 619.00 and Rs. 557.80 respectively. So far 256647 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 619.00 on 12-Jul-2023 and a 52 week low of Rs. 353.80 on 26-Jul-2022. Last one week high and low of the scrip stood...
Elgi Equipments touches 52-week high on getting LOA from Siemens
Elgi Equipments touches 52-week high on getting LOA from Siemens
Source: Accord Fintech
12/07/2023 10:51:24 AM
Auto Ancillaries Sector Update : Dealers` hopeful of demand recovery; softening RM basket to drive profitability By JM Financial We conducted tyre-focused channel checks across c.20 dealers. Replacement market demand remains muted across segments during 4Q owing to a) steep hike in tyre prices over the last few quarters and b) rise in interest rate/tightening credit supply impacting demand from fleet operators. However, most dealers are optimistic about demand in coming months owing to seasonality and stability in tyre price. In most cases, dealer inventory is at above average levels owing to sales push from tyre compa...
Auto Ancillaries Sector Update : Dealers` hopeful of demand recovery; softening RM basket to drive profitability By JM Financial
Auto Ancillaries Sector Update : Dealers` hopeful of demand recovery; softening RM basket to drive profitability By JM Financial
Source: JM Financial
23/03/2023 12:17:04 PM
Elgi Equipments rises as its arm acquires 33.33% stake in CS Industrial Services LLC Elgi Equipments is currently trading at Rs. 482.70, up by 6.40 points or 1.34% from its previous closing of Rs. 476.30 on the BSE. The scrip opened at Rs. 479.00 and has touched a high and low of Rs. 492.80 and Rs. 478.95 respectively. So far 12820 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 566.50 on 07-Sep-2022 and a 52 week low of Rs. 248.85 on 13-May-2022. Last one week high and low of the scrip stood at...
Elgi Equipments rises as its arm acquires 33.33% stake in CS Industrial Services LLC
Elgi Equipments rises as its arm acquires 33.33% stake in CS Industrial Services LLC
Source: Accord Fintech
15/03/2023 11:18:28 AM
Hold Elgi Equipments Ltd For Target Rs.410 - ICICI Direct Decent numbers amid challenges…   About the stock: Elgi Equipments (Elgi) manufactures wide range of air compressors (~90% of revenue) and automotive equipment (~10%). * Elgi is the second largest player in the Indian air compressor market (~22% market share) and among the top eight players globally * Expansion in new international markets to drive long term incremental growth (rest of the world contributed ~40% in FY21)   Q3FY22 Results: Elgi reported decen...
Hold Elgi Equipments Ltd For Target Rs.410 - ICICI Direct
Hold Elgi Equipments Ltd For Target Rs.410 - ICICI Direct
Source: ICICI Direct Ltd
2/03/2023 10:36:23 AM
Hold Elgi Equipments Ltd For Target Rs.520 - ICICI Direct High growth but valuations cap upside… About the stock: Elgi Equipments (Elgi) manufactures a wide range of air compressors (~92% of revenue) and automotive equipment (~8%). * Elgi is the second largest player in the Indian air compressor market (~22% market share) and among the top eight players globally * Expansion in new international markets to drive long term incremental growth (rest of the world contributed ~50% in FY22) Q2FY23 Results: Elgi reported decent Q2FY23 res...
Hold Elgi Equipments Ltd For Target Rs.520 - ICICI Direct
Hold Elgi Equipments Ltd For Target Rs.520 - ICICI Direct
Source: ICICI Direct Ltd
11/11/2022 12:21:11 PM
Buy Elgi Equipments Ltd For Target Rs.390 - Religare Broking Elgi Equipments Ltd. (ELGIEQUIP)  *  Elgie Equipments has been among the top performers in the manufacturing space as it moved almost vertically from the low of 50 in 2020 to a new record high of 566.60 in September this year.  *  In line with the market corrective phase, it also retraced to the support zone of the previous consolidation range and formed a fresh base.  *  It looks set to resume the trend after spending nearly a month under consolidation....
Buy Elgi Equipments Ltd For Target Rs.390 - Religare Broking
Buy Elgi Equipments Ltd For Target Rs.390 - Religare Broking
Source: Religare Broking Ltd
17/10/2022 2:18:13 PM
LKP Spade : A Weekly Pick - Buy Elgi equipments Ltd For Target Rs.483 - LKP Securities * The stock on the daily chart had given a breakout from a cup and handle formation. * The stock has retested the trend line on the daily chart with strong bullish candle confirming a strong support on the lower end. * The RSI indicator on the daily chart has given a positive crossover above the level of 60. * The stock on the weekly chart is trading in a higher top and higher bottom formations and is likely to continue the momentum on the upside. Buy ELGI EQUIPMENTS Ltd&...
LKP Spade : A Weekly Pick - Buy Elgi equipments Ltd For Target Rs.483 - LKP Securities
LKP Spade : A Weekly Pick - Buy Elgi equipments Ltd For Target Rs.483 - LKP Securities
Source: LKP Securities Ltd
22/08/2022 12:58:46 PM
Elgi Equipments trades higher as its arm inks manufacturing agreement with VTEQ Elgi Equipments is currently trading at Rs. 372.90, up by 3.60 points or 0.97% from its previous closing of Rs. 369.30 on the BSE. The scrip opened at Rs. 372.90 and has touched a high and low of Rs. 378.70 and Rs. 370.75 respectively. So far 10088 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 422.70 on 08-Feb-2022 and a 52 week low of Rs. 191.60 on 27-Aug-2021. Last one week high and low of the scrip stood at...
Elgi Equipments trades higher as its arm inks manufacturing agreement with VTEQ
Elgi Equipments trades higher as its arm inks manufacturing agreement with VTEQ
Source: Accord Fintech
29/07/2022 10:55:10 AM
Elgi Equipments soars on launching portable air compressors Elgi Equipments is currently trading at Rs. 339.40, up by 7.75 points or 2.34% from its previous closing of Rs. 331.65 on the BSE. The scrip opened at Rs. 330.05 and has touched a high and low of Rs. 343.30 and Rs. 330.05 respectively. So far 8774 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 422.70 on 08-Feb-2022 and a 52 week low of Rs. 191.60 on 27-Aug-2021. Last one week high and low of the scrip stood at ...
Elgi Equipments soars on launching portable air compressors
Elgi Equipments soars on launching portable air compressors
Source: Accord Fintech
20/05/2022 10:23:35 AM
Buy Elgi Equipments Ltd For Target Rs.390 - ICICI Direct Beat on all fronts! About the stock: Elgi Equipments (Elgi) manufactures a wide range of air compressors (~92% of revenue) and automotive equipment (~8%). * Elgi is the second largest player in the Indian air compressor market (~22% market share) and among the top eight players globally * Expansion in new international markets to drive long term incremental growth (rest of the world contributed ~50% in FY22) Q4FY22 Results: Elgi reported strong Q4FY22 results higher than our estim...
Buy Elgi Equipments Ltd For Target Rs.390 - ICICI Direct
Buy Elgi Equipments Ltd For Target Rs.390 - ICICI Direct
Source: ICICI Direct
17/05/2022 12:52:58 PM
Buy Elgi Equipments Ltd For Target Rs.260 - ICICI Direct Healthy growth, margins impacted amid challenges… *About the stock: Elgi Equipments (Elgi) manufactures a wide range of air compressors (~90% of revenue) and automotive equipment (~10%). * Elgi is the second largest player in the Indian air compressor market (~22% market share) and among the top eight players globally * Expansion in new international markets to drive long term incremental growth (rest of the world contributed ~40% in FY21).   Q1FY22 Results: Elgi re...
Buy Elgi Equipments Ltd For Target Rs.260 - ICICI Direct
Buy Elgi Equipments Ltd For Target Rs.260 - ICICI Direct
Source: ICICI Direct
16/09/2021 11:11:43 AM
Technical Positional Pick - Buy Elgi Equipments Ltd For Target Rs. 242 - HDFC Securities Technical Positional Pick - Buy Elgi Equipments Ltd For Target Rs.242 - HDFC Securities  TECHNICAL OBSERVATIONS The attached weekly timeframe chart of Elgi Equipments Ltd signal a larger consolidation pattern over the last few months. Presently, the stock price is making an attempt to stage upside breakout of the hurdle at Rs 218-220 levels in this week. The stock price is holding on immediate support of 10 and 20w EMA around Rs 210/Rs 202 levels. Weekly 14 ...
Technical Positional Pick - Buy Elgi Equipments Ltd For Target Rs. 242 - HDFC Securities
Technical Positional Pick - Buy Elgi Equipments Ltd For Target Rs. 242 - HDFC Securities
Source: HDFC Securities Ltd
28/07/2021 11:35:13 AM
Buy Elgi Equipments Ltd For Target Rs. 260 - ICICI Direct Strong all-round performance continues… Elgi Equipments (Elgi) reported a strong Q4FY21 with consolidated revenue up 34.3% YoY to | 610.6 crore vs. I-direct estimate of | 548.8 crore. Standalone revenue (domestic & direct exports compressor) grew by a robust 57.5% YoY to | 392.0 crore (~64% of consolidated topline) amid low base led by better demand in domestic market and robust exports while the international compressor business came in almost flat at | 167.5 crore, YoY (contri...
Buy Elgi Equipments Ltd For Target Rs. 260 - ICICI Direct
Buy Elgi Equipments Ltd For Target Rs. 260 - ICICI Direct
Source: ICICI Direct
15/06/2021 12:01:03 PM
Elgi Equipments Ltd : Strong all-round performance - ICICI Direct Strong all-round performance… Elgi Equipments (Elgi) reported a strong Q3FY21 with consolidated revenue up 18.1% YoY to | 547.1 crore vs. I-direct estimate of | 505.4 crore. Standalone revenue (domestic & direct exports compressor) grew 14.2% YoY to | 323.0 crore (~59% of consolidated topline) while the international compressor business registered robust growth of 26.3% YoY (contributing ~32% of consolidated topline). Automotive segment revenue fell 23.8% YoY (~9% of topline). ...
Elgi Equipments Ltd : Strong all-round performance - ICICI Direct
Elgi Equipments Ltd : Strong all-round performance - ICICI Direct
Source: ICICI Direct
10/03/2021 10:05:00 AM
Stock Picks - Buy Elgi Equipments Ltd For Target Of Rs. 215 - ICICI Direct Technical Observations * The stock has witnessed a breakout above the last eight weeks range (| 193-150) signalling resumption of the primary uptrend and offers fresh entry opportunity * The share price in the last eight weeks has formed a higher base above the recent breakout area as can be seen in the adjacent chart. The stock has rebounded taking support at the breakout area highlighting change of polarity as previous resistance has reversed its role and acting as support * The st...
Stock Picks - Buy Elgi Equipments Ltd For Target Of Rs. 215 - ICICI Direct
Stock Picks - Buy Elgi Equipments Ltd For Target Of Rs. 215 - ICICI Direct
Source: ICICI Direct
9/03/2021 11:15:36 AM