Mumbai | September 25, 2025 (09:20 IST) — Shares of Eimco Elecon (India), a mid-cap industrial equipment maker, edged higher on Thursday, extending the recent run seen in smaller capital goods counters. The stock climbed 4.84% to ₹1,807.00, supported by above-average trading interest.
The NSE reported 335,655 shares traded versus a one-week average of 146,587 shares, translating into a 2.29× surge in volume. Turnover for the session reached ₹59.01 crore, confirming that buying interest extended beyond the retail segment.
Accumulation-Style Action
The move reflects an accumulation pattern, where both price and volume rise in tandem, hinting at long-side positioning. For Eimco Elecon, the ₹1,780–₹1,820 zone has been a pivotal range in recent weeks. Sustaining above this level could keep momentum intact for the near term.
Market participants also noted that the stock has been consolidating for about a month after testing higher levels in August. Thursday’s activity marks a notable return of volumes, suggesting renewed appetite.
1-Month & 52-Week Context
In the past one month, the stock has traded largely sideways, with mild declines from its late August highs. At current levels, it remains well above its 52-week low of around ₹1,200, but below its recent peak above ₹1,950. This positions the stock in a mid-range, where accumulation signs matter for directional clarity.
Sector Read-Through
Industrial and capital goods names have been active in recent sessions, benefiting from expectations of steady project execution and infrastructure-linked demand. Smaller equipment players like Eimco Elecon often ride this wave, attracting interest from traders looking for mid-cap momentum plays.
By the Numbers (as of 09:20 IST)
What to Watch
- Sustaining above ₹1,800 levels is key for further momentum.
- Delivery data will help confirm whether Thursday’s move is accumulation-driven.
- Watch broader capital goods sentiment — sectoral strength could provide tailwinds.
Market Takeaway
Eimco Elecon’s near 5% jump on double its average volumes adds to the list of industrial mid-caps seeing selective buying. With accumulation signs reappearing, the stock could stay on traders’ watchlists as long as it holds the ₹1,780–1,820 range.
