Alice Blue Home
URL copied to clipboard

Trending News

Eimco Elecon: Stock jumps 20% upper circuit after Vijay Kedia buys stake in the company

Eimco Elecon (India), a mining and construction equipment manufacturer, saw Vijay Kedia-owned Kedia Securities acquire nearly 1% stake, purchasing 57,441 shares for ₹10.95 crore on October 7.

Introduction

Leading mining and construction equipment manufacturer saw Vijay Kedia-owned Kedia Securities acquire nearly 1% stake, purchasing 57,441 shares for ₹10.95 crore through open market transactions on October 7, 2025.

Alice Blue Image

Also Read: Coal India: Stock jumps after signing MoU with Chhattisgarh Mineral Development Corporation

Share price movement of Eimco Elecon

On October 8, 2025, Eimco Elecon (India) Ltd opened at ₹2,100.00, up 20.00% from its previous close of ₹1,917.50. The stock reached a high of ₹2,301.00 (20.00%) and a low of ₹2,006.70. By 4:01 PM, it traded at ₹2,301.00, with a market capitalization of ₹1,327.31 crore.

Vijay Kedia Acquires Nearly 1% Stake in Eimco Elecon

Vijay Kedia-owned Kedia Securities acquired nearly 1% stake in Eimco Elecon (India) on October 7. The firm purchased 57,441 shares through open market transactions at ₹1,906.71 each.

The total investment by Kedia Securities amounted to ₹10.95 crore. Eimco Elecon is a mining and construction equipment manufacturer, and this acquisition reflects the investor’s direct stake in the company.

Stock performance of Eimco Elecon for Period of 1 week, 6 months, and 1 year

Eimco Elecon (India) Ltd delivered a 6.02% return over the past week, gained 30.8% in the past six months, and declined 32.4% over the past year.

Alice Blue Image

Also Read: Crest Ventures: Stock jumps after signing development agreement with Saidale Co-operative Housing Society

Shareholding pattern of Eimco Elecon

ParticularsJun 2025Mar 2025Dec 2024
Promoter73.60%73.60%73.60%
FII0.20%1%0.30%
DII0%0%1%
Public25.80%25.60%25.30%

About Eimco Elecon

Eimco Elecon (India) Ltd (NSE: EIMCOELECO), founded in 1974 and based in Vallabh Vidyanagar, Gujarat, manufactures and markets underground and opencast mining equipment, pioneering Side Dump Loaders and Rocker Shovel Loaders in India.

Stay Ahead with the Latest Stock Market Updates – Click Here

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.

FAQs

Q: Why is Eimco Elecon (India) Ltd share price going up today?

A: Eimco Elecon (India) Ltd share price rose after Vijay Kedia-owned Kedia Securities acquired nearly 1% stake via open market transactions.

Q: What does Eimco Elecon (India) Ltd specialize in?

A: Eimco Elecon (India) Ltd specializes in manufacturing and marketing equipment for underground and opencast mining operations in India.

Q: What is the market capitalization of Eimco Elecon (India) Ltd?

A: As of October 8, 2025, Eimco Elecon (India) Ltd has a market capitalization of ₹1,327.31 crore.

Submit the form, and get to know how you scored!!!

Gainers & Losers

Read More News

*T&C apply