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3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-07), Elecon Engineering Co's 3-1 Month Momentum % is -4.77%.
The industry rank for Elecon Engineering Co's 3-1 Month Momentum % or its related term are showing as below:
NSE:ELECON's 3-1 Month Momentum % is ranked better than 51.14% of 3068
companies
in the Industrial Products industry
Industry Median: -5.15
vs NSE:ELECON: -4.77
Elecon Engineering Co (NSE:ELECON) 3-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Elecon Engineering Co 3-1 Month Momentum % Related Terms
NSE:ELECON vs GEV, ETN, PH: 3-1 Month Momentum % Comparison
For the Specialty Industrial Machinery subindustry, Elecon Engineering Co's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Elecon Engineering Co 3-1 Month Momentum % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elecon Engineering Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Elecon Engineering Co's 3-1 Month Momentum % falls into.
Elecon Engineering Co (NSE:ELECON) 3-1 Month Momentum % Calculation
3-1 Month Momentum % is calculated as following:
3-1 Month Momentum %
=
( Price 1-month ago
/
Price 3-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Elecon Engineering Co (NSE:ELECON) has a 3-1 Month Momentum % of -4.77% as of Aug. 07, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Elecon Engineering Co and its competitors. According to the industry distribution chart, Elecon Engineering Co ranks #1499 out of 3068 companies in the Industrial Products industry, placing it in the top 48.9%.
Is Elecon Engineering Co's 3-1 Month Momentum % too high?
Elecon Engineering Co's current 3-1 Month Momentum % is -4.77%. Based on the distribution chart, Elecon Engineering Co ranks #1499 out of 3068 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Elecon Engineering Co has a GF Score™ of 95/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's 3-1 Month Momentum % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #1499 out of 3068 companies for 3-1 Month Momentum %. This puts Elecon Engineering Co in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for an Industrial Products company?
A good 3-1 Month Momentum % depends on the Industrial Products industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Elecon Engineering Co and its competitors. Elecon Engineering Co's current 3-1 Month Momentum % is -4.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Possible Value Trap. The stock's GF Value™ is ₹651.55, compared to a current price of ₹450.45 — trading 30.9% below its estimated fair value. The current 3-1 Month Momentum % is -4.77%. Elecon Engineering Co's overall GF Score™ is 95/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Elecon Engineering Co (NSE:ELECON), the current 3-1 Month Momentum % is -4.77% as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?
Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued.
The current stock price of ₹450.45 is trading 30.9% below its estimated GF Value™ of ₹651.55.
GuruFocus considers Elecon Engineering Co to be Possible Value Trap.
Key valuation signals for NSE:ELECON:
3-1 Month Momentum %: -4.77%
GF Value™: ₹651.55 vs. price of ₹450.45 (30.9% below fair value)
No single metric tells the full story. See the NSE:ELECON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
95GF Score
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