Elgi Group Stocks

The table below shows the Elgi Group Stocks based on the Highest Market Capitalization.

Content: 

• What are Elgi Group Stocks?
• List Of Elgi Shares In India
• List Of Elgi Stocks
• Shareholding Pattern Of Elgi Group Stocks In India
• Who Should Invest In Elgi Group Stocks India?
• Features of Elgi Group Stocks
• Why Invest In Elgi Group Stocks India?
• How To Invest In Elgi Group Stocks?
• Performance Metrics Of Elgi Group Stocks
• Advantages Of Investing In Best Elgi Group Stocks India
• Challenges Of Investing In Elgi Group Stocks
• Introduction to List Of Elgi Shares In India
• Elgi Group Stocks – FAQ

What are Elgi Group Stocks? 

Elgi Group is an Indian conglomerate known for its industrial and manufacturing businesses, particularly in air compressors. Key companies under the Elgi Group include Elgi Equipments Ltd, LG Balakrishnan & Bros Ltd, and Super Spinning Mills Ltd, focusing on automotive equipment. The group is recognized for innovation and global market presence.

List Of Elgi Shares In India

The table below shows the List Of Elgi Shares In India based on 1 Year Return. 

List Of Elgi Stocks

The table below shows a List Of Elgi Stocks based on the highest day Volume.

Shareholding Pattern Of Elgi Group Stocks In India

The shareholding pattern for Elgi Equipments Ltd is as follows: retail investors and others hold 34.28% of the shares, promoters hold 31.19%, foreign institutions hold 29.54%, mutual funds hold 3.44%, and other domestic institutions hold 1.54%.

The shareholding pattern for Elgi Equipments Ltd is as follows: retail investors and others hold 44.65% of the shares, promoters hold 33.74%, mutual funds hold 13.22%, foreign institutions hold 7.62%, and other domestic institutions hold 0.76%.

The shareholding pattern for Super Spinning Mills Ltd is as follows: retail investors and others hold 57.20% of the shares, while promoters hold 42.80%.

Who Should Invest In Elgi Group Stocks India?

The table below shows Who Should Invest In Elgi Group Stocks India? based on the 6-month return. 

Features of Elgi Group Stocks

Features of Elgi Group Stocks encompass their reputation for ongoing innovation and technological progress, notably within industrial and manufacturing domains. The group is recognized for its continuous advancements in innovation and technology, particularly within the industrial and manufacturing sectors.

1. Diverse Shareholding: Includes a mix of promoters, retail investors, foreign institutions, mutual funds, and domestic institutions.
2. Prominent Promoter Holding: A significant portion of shares held by promoters, reflecting strong control and involvement in the company.
3. Institutional Investment: Attracts investments from both foreign and domestic institutions, indicating confidence from large investors.
4. Retail Participation: Substantial shareholding by retail investors, showcasing public interest and participation.
5. Global Presence: The group, especially Elgi Equipments Ltd, has a strong international market presence, enhancing its growth prospects.

Why Invest In Elgi Group Stocks India?

Invest In Elgi Group Stocks India for the potential to benefit from their appealing Dividend Yield. These stocks frequently offer enticing dividends, furnishing investors with a consistent income source, and enhancing their attractiveness as investment options within the group.

1. Market Leadership: Elgi Equipments Ltd is a global leader in the air compressor industry, providing strong market positioning and growth potential.
2. Innovation and Technology: The group is known for its continuous innovation and technological advancements, ensuring competitiveness and future readiness.
3. Diverse Shareholding: A balanced mix of promoter, retail, and institutional holdings indicates strong market confidence and stability.
4. Global Presence: The group’s international market presence expands its growth opportunities and reduces dependency on the domestic market.
5. Financial Health: Consistent financial performance with steady revenue and profit growth provides assurance of long-term viability.
6. Strong Management: Experienced and visionary leadership drives strategic decisions and operational excellence.

How To Invest In Elgi Group Stocks?

To invest in Elgi Group stocks, open a Demat and trading account with a reputable brokerage. Deposit funds into your account, then search for Elgi Group companies like Elgi Equipments Ltd. Place a buy order specifying the number of shares and price. Confirm the order, and the shares will be credited to your Demat account upon execution.

Performance Metrics Of Elgi Group Stocks

Performance Metrics Of Elgi Group Stocks include the Debt-to-Equity Ratio, which signifies the company’s debt levels in relation to its equity. This metric indicates the company’s ability to manage debt effectively and provides insight into its financial leverage position.

1. Revenue Growth: Consistent year-over-year revenue increases.
2. Profit Margins: Strong and stable profit margins.
3. Earnings Per Share (EPS): Steady or increasing EPS indicating profitability.
4. Return on Equity (ROE): High ROE showing effective use of equity capital.
5. Dividend Yield: Regular and attractive dividend payments.
6. Price-to-Earnings (P/E) Ratio: Reasonable P/E ratio reflecting market valuation.
7. Market Capitalization: Significant market cap indicating market presence.
8. Stock Price Performance: Consistent appreciation in stock price over time.
9. Liquidity: High trading volumes ensure liquidity for investors.

Advantages Of Investing In Best Elgi Group Stocks India

Advantages Of Investing In the Elgi Group Stocks India include the growth potential facilitated by the expansion of product offerings and penetration into new market segments, indicating promising opportunities for substantial future growth in the company.

1. Market Leadership: A strong position in the air compressor industry ensures competitive advantage and market share.
2. Innovation and Technology: Continuous investment in R&D drives innovation and technological advancements, keeping the company ahead.
3. Global Presence: Diversified global market presence reduces dependency on any single market and enhances growth opportunities.
4. Financial Stability: Consistent revenue growth and profitability provide a secure investment.
5. Strong Management: Experienced leadership and strategic decision-making ensure effective company operations and growth.
6. Dividend Income: Regular and attractive dividend payouts offer additional income streams for investors.

Challenges Of Investing In Elgi Group Stocks

Challenges Of Investing In Elgi Group Stocks encompass the rise in environmental regulations, which may necessitate greater expenditure on compliance and operational modifications. These evolving regulatory requirements can pose challenges for Elgi Group’s operations and potentially impact the company’s financial performance.

1. Market Volatility: Stock prices can be affected by overall market fluctuations and economic conditions.
2. Competitive Pressure: Intense competition in the industrial and manufacturing sectors could impact market share and profitability.
3. Global Risks: Exposure to international markets means vulnerability to geopolitical tensions, trade policies, and currency fluctuations.
4. Regulatory Changes: Changes in domestic and international regulations can impact operations and profitability.
5. Dependence on Key Markets: Over-reliance on specific markets or segments can pose risks if those markets face downturns.
6. Technological Changes: Rapid technological advancements require continuous investment in R&D, which can strain financial resources.
7. Operational Risks: Manufacturing and supply chain disruptions can affect production and delivery schedules.

Introduction to List Of Elgi Shares In India

LG Balakrishnan & Bros Ltd

The Market Cap of LG Balakrishnan & Bros Ltd is Rs. 4085.25 crore. The stock’s monthly return is -0.61%. Its one-year return is 57.89%. The stock is 13.01% away from its 52-week high.

L.G. Balakrishnan & Bros Limited is an Indian company that specializes in manufacturing chains, sprockets, and metal-formed parts for automotive use. The company operates in two segments: Transmission and Metal Forming. The transmission segment offers a wide range of products such as chains, sprockets, tensioners, belts, and brake shoes. The metal forming segment focuses on producing precision sheet metal parts through fine blanking, machined components, and wire drawing products for internal use and other manufacturers. 

Their product lineup includes automotive chains, sprockets, chain tensioners, fine blanking components, precision machining products, automotive belts, scooter parts, and rubber items, all under the brand name Rolon. The company has manufacturing facilities in various states in India including Tamil Nadu, Pondicherry, Maharashtra, Uttarakhand, Karnataka, Haryana, and Rajasthan. Subsidiaries of the company include LGB-USA INC., GFM Acquisition LLC, and GFM LLC.

Super Spinning Mills Ltd

The Market Cap of Super Spinning Mills Ltd is Rs. 38.78 crore. The stock’s monthly return is -14.74%. Its one-year return is -13.16%. The stock is 75.76% away from its 52-week high.

Super Spinning Mills Limited is involved in the production and sale of cotton, cotton yarn, and related products. The company operates in two main segments: Textile and Rental services. It specializes in manufacturing and exporting combed cotton yarn suitable for knitting and weaving purposes. The company offers a diverse range of cotton yarn, including different varieties such as Ring Yarn (Ne) – 34/1 to 120/1, Compact Yarn (Ne) – 34/1 to 120/1, Compact Elitwist Yarn (Ne) – 40/2 to 200/2, TFO Doubled Yarn (Ne) – 40/2 to 120/2, Gassed Yarn (Ne) – 40/2 to 120/2, as well as 6s to 12s and TFO yarns of 6/2, 10/2, BCI cotton yarn (Ne), and Organic Cotton Yarn ranging from 30s to 100s. 

The company also produces specialty yarns like Modal Yarn, Micro Modal Yarn, Tencel Yarn, Micro Tencel yarn (Ne) – 30s to 100s, and Cotton Blended yarns with Modal, Micro Modal, Tencel, Micro Tencel. Additionally, the company manufactures grey, gassed, mercerized, and dyed cotton yarn. Its manufacturing facility is located in Andhra Pradesh.

Elgi Equipments Ltd

The Market Cap of Elgi Equipments Ltd is Rs. 20829.52 crore. The stock’s monthly return is 1.27%. Its one-year return is 41.37%. The stock is 13.21% away from its 52-week high.

Elgi Equipments Limited, headquartered in India, specializes in the manufacturing and trading of air compressors. The company’s operations are divided into two segments: Air compressors and Automotive equipment. They offer a wide range of compressor products, such as oil-lubricated screw air compressors, oil-free piston air compressors, oil-free screw air compressors, and more. Additionally, they also provide diesel and electric portable air compressors, medical air compressors & vacuum pumps, heat recovery systems, and various air accessories. 

The diesel portable compressor line ranges from trolley-mounted compressors (185-1200 CFM) to skid-mounted compressors (500-1500 CFM). The oil-lubricated piston air compressors include single-stage direct drive reciprocating compressors (1-2 HP), single-stage belt drive reciprocating compressors (1-3 HP), and two-stage direct drive reciprocating air compressors (3-10 HP).

Elgi Group Stocks – FAQ

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.