ELECON Share Price Target 2030
CAGR-based price projection for Elecon Engineering Company Limited (ELECON) targeting 2030, derived from official NSE exchange closing prices.
Current Market Snapshot
Year-by-Year Price Projection
| Year | Bear Case | Base Case | Bull Case |
|---|---|---|---|
| 2027 | Rs 449 | Rs 462 | Rs 497 |
| 2028 | Rs 457 | Rs 484 | Rs 562 |
| 2029 | Rs 466 | Rs 508 | Rs 635 |
| 2030 | Rs 475 | Rs 533 | Rs 718 |
Frequently Asked Questions
What is the ELECON share price target for 2030?
Based on historical growth analysis, the ELECON share price target for 2030 ranges from Rs 475 (conservative) to Rs 533 (base case) to Rs 718 (optimistic). These projections are based on trailing CAGR and should not be treated as guaranteed outcomes.
What is the current share price of ELECON?
The current market price of ELECON (Elecon Engineering Company Limited) is Rs 440.00. The 52-week high is Rs 562.65 and 52-week low is Rs 406.25.
Is ELECON a good stock to buy for the long term?
Long-term investment decisions depend on individual risk tolerance, financial goals, and portfolio diversification. Examine the company's fundamentals, debt-to-equity ratio, promoter holding, and competitive positioning within its sector. BrokerLens provides data-driven analysis; consult a SEBI-registered financial advisor before investing.
What methodology does BrokerLens use for ELECON price targets?
BrokerLens computes price targets using historical Compound Annual Growth Rate (CAGR) derived from official NSE closing prices. Three scenarios are modeled: Bear (conservative at 2.0% CAGR), Base (4.9% CAGR), and Bull (optimistic at 13.0% CAGR). These are statistical projections, not guaranteed forecasts.