BusinessElecon Engineering Shares Rise Over 16% in Five Sessions
Elecon Engineering shares surged nearly 7% on 28 September amid a broader market sell-off. Axis Securities recommends a BUY with a target price of ₹505, citing strong order inflows and growth in the Gear division. The company's backlog supports medium-term earnings visibility, driving investor confidence and stock gains over five sessions exceeding 16%.
Mint Markets·3h ago