What drove the intraday move in ELECON.NS stock today?

The intraday drop to **INR 497.55** followed the **08 Jan 2026** earnings release. Volume spiked to **1,288,573.00**, and investors reacted to margin and order commentary. Short-term traders sold into the report while long-term holders reassess guidance.

How does Elecon’s valuation look after the results for ELECON.NS stock?

Trailing PE stands at **21.84** and PB at **5.03**. ROE is **25.87%** and net margin **21.59%**. The stock trades at a premium to some industrial peers, supported by strong profitability and liquidity ratios.

What are Meyka AI’s price forecasts for ELECON.NS stock?

Meyka AI's forecast model projects **INR 407.91** monthly and **INR 794.25** yearly for ELECON.NS stock. That implies **-18.02%** near-term and **+59.65%** 12-month potential. Forecasts are model outputs and not guarantees.

Should investors buy ELECON.NS stock after the earnings dip?

Buying depends on risk profile. The stock shows strong liquidity and ROE but trades at a premium. Short-term downside risk exists near **INR 407.91**. Use stop-loss and watch order-book updates before adding exposure.

IN Stocks

ELECON.NS Elecon Engineering NSE down 3.92% to INR 497.55: earnings will guide

ByDanny Kontos January 9, 2026January 9, 2026

ELECON.NS stock opened intraday pressure after the company posted quarterly results, sending the share to INR 497.55, down 3.92%. Traders reacted to the earnings announcement dated 08 Jan 2026, with volume at 1,288,573.00 shares, well above the average 574,085.00. Key fundamentals show EPS 23.05 and PE 21.84, which now frame near-term valuation debate on the NSE in India. We review the earnings detail, valuation, technicals, and Meyka AI forecasts to set trading and investment context.