Elecon Engineering Co (NSE:ELECON) 6-Month Price Index: 1.05 (As of Sep. 15, 2026)

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NSE:ELECON Elecon Engineering Co Ltd NSE:ELECON
94 GF Score
Price ₹422.10
GF Value ₹659.75
Valuation Possible Value Trap
! 4 Warning Signs
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What is Elecon Engineering Co 6-Month Price Index?

Elecon Engineering Co NSE:ELECON +0.38% 94 6-Month Price Index is 1.05 as of Sep. 15, 2026. GuruFocus rates NSE:ELECON with a GF Score™ of 94/100 and a GF Value™ of ₹659.75 (Possible Value Trap). The stock has 4 warning signs investors should review.

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2026-09-15), Elecon Engineering Co's 6-Month Price Index is 1.05.

Elecon Engineering Co  (NSE:ELECON) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Elecon Engineering Co 6-Month Price Index Related Terms

NSE:ELECON vs GEV, ETN, PH: 6-Month Price Index Comparison

For the Specialty Industrial Machinery subindustry, Elecon Engineering Co's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.

NSE:ELECON
94GF Score
Elecon Engineering Co Ltd NSE:ELECON
6-Month Price Index is just one metric. See GF Score™, valuation, warning signs, and more.
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Elecon Engineering Co  (NSE:ELECON) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.

Frequently Asked Questions Learn more about 6-Month Price Index →
What does a 6-Month Price Index of 1.05 mean?
Elecon Engineering Co (NSE:ELECON) has a 6-Month Price Index of 1.05 as of Sep. 15, 2026. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. View historical data on Elecon Engineering Co and its competitors.
Is Elecon Engineering Co's 6-Month Price Index too high?
Elecon Engineering Co's current 6-Month Price Index is 1.05. Overall, Elecon Engineering Co has a GF Score™ of 94/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's 6-Month Price Index compare to GEV and ETN?
Elecon Engineering Co's 6-Month Price Index of 1.05 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 6-Month Price Index for an Industrial Products company?
A good 6-Month Price Index depends on the Industrial Products industry context. However, 6-Month Price Index 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 6-Month Price Index mean?
A high 6-Month Price Index can signal that a stock is expensive relative to its fundamentals. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. View historical data on Elecon Engineering Co and its competitors. Elecon Engineering Co's current 6-Month Price Index is 1.05. 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 ₹659.75, compared to a current price of ₹422.10 — trading 36% below its estimated fair value. The current 6-Month Price Index is 1.05. Elecon Engineering Co's overall GF Score™ is 94/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-Month Price Index calculated?
6-Month Price Index is calculated from a company's financial statements. For Elecon Engineering Co (NSE:ELECON), the current 6-Month Price Index is 1.05 as of Sep. 15, 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 ₹422.10 is trading 36% below its estimated GF Value™ of ₹659.75. GuruFocus considers Elecon Engineering Co to be Possible Value Trap.

Key valuation signals for NSE:ELECON:

  • 6-Month Price Index: 1.05
  • GF Value™: ₹659.75 vs. price of ₹422.10 (36% below fair value)
  • GF Score™: 94/100 with 4 warning signs

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 Business Description

Other Exchanges 505700:India
Address Anand-Sojitra Road, Vallabh Vidyanagar, GJ, IND, 388120
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.
94GF Score

Get the complete analysis for NSE:ELECON

6-Month Price Index is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹422.10
Price
₹659.75
GF Value