Elecon Engineering on Google Finance

Elecon Engineering Company Limited, often simply referred to as Elecon, is an Indian engineering conglomerate that specializes in the design, manufacture, and supply of material handling equipment and power transmission products. Its stock is publicly traded on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). For investors tracking the company’s performance, Google Finance is a readily accessible and widely used resource.

Accessing Elecon Engineering’s Financial Data on Google Finance

Google Finance provides a snapshot of Elecon Engineering’s stock market activity. To find it, one can simply search “Elecon Engineering Google Finance” or use the ticker symbol ELECON. Typically, the page will display:

• Real-time Stock Price: The current trading price of Elecon shares. This updates throughout the trading day.
• Daily High and Low: The highest and lowest prices the stock has reached during the current trading day.
• 52-Week Range: The highest and lowest prices the stock has reached over the past 52 weeks, offering context to current valuations.
• Market Capitalization: The total value of all outstanding shares of the company, calculated by multiplying the current share price by the number of outstanding shares.
• Price-to-Earnings (P/E) Ratio: A valuation ratio that compares a company’s share price to its earnings per share. This can help investors assess whether the stock is overvalued or undervalued compared to its peers.
• Earnings Per Share (EPS): The portion of a company’s profit allocated to each outstanding share of common stock.
• Dividend Yield: The percentage return on a stock investment based on the annual dividend payment.
• Key Statistics: A summary of other important financial metrics such as beta, book value, and debt-to-equity ratio.
• Historical Stock Prices: Charts and data showing the stock’s price movement over various time periods (e.g., one day, one month, one year, five years).
• Related News: Recent news articles and press releases about Elecon Engineering, which can provide insights into company performance and future prospects.
• Financial Statements: Links to the company’s income statement, balance sheet, and cash flow statement, providing more detailed financial information.

Using Google Finance for Investment Decisions

Google Finance serves as a valuable starting point for investors researching Elecon Engineering. However, it’s crucial to remember that the information provided is only a summary. A thorough investment decision should involve:

• Analyzing the Company’s Fundamentals: Examining Elecon’s business model, competitive landscape, management team, and growth strategy.
• Reviewing Financial Statements: Studying the income statement, balance sheet, and cash flow statement in detail to assess the company’s financial health and performance.
• Considering Industry Trends: Understanding the trends and dynamics of the material handling and power transmission industries in India and globally.
• Consulting with Financial Advisors: Seeking professional advice from qualified financial advisors before making any investment decisions.

While Google Finance offers a convenient and accessible way to track Elecon Engineering’s stock performance, it should be used in conjunction with other research and analysis to make informed investment choices.