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BUY Elgi Equipments Limited — Ashish Kyal, Waves Strategy Advisors

BUYElgi Equipments Limited
Elgi Equipments share price target & all analyst calls

byAshish Kyal, Waves Strategy AdvisorsHorizon: NA (inferred Swing (≤2wk))12 Nov 2026via ET Now (Live)

Entry₹578Inferred
Target₹620
Total upside +7.27%
Stop loss₹560-3.11% risk
CMP₹585.11d ago
Active+1.23%+5.96%upside left 11d left
Follow Ashish Kyal for new calls(30% target hit, 182 closed calls)Get alertsWatch ELGIEQUIP for new buy/sell callsGet alertsSee 1 other Swing call on ELGIEQUIPSee 281 other Swing picks this week

Not investment advice; past performance doesn't guarantee future results. · Public beta — data is auto-extracted and may contain errors.

AI Assessment

Automated market context for this BUY call — facts from public sources, machine-classified. Not investment advice.

As of 15 Nov, 3:41 am IST
4 supporting1 neutral1 opposing
Supports the BUY call (4)

MACD above its signal line — bullish momentum

Technicals · macd·14 Nov · today

Elgi Equipments reported Q2 consolidated sales of Rs 1,134 crore (up 17% YoY) and consolidated PAT of Rs 128 crore (up 6% YoY). Standalone sales grew 25% to Rs 708 crore.

NSE · Press Release·6 Nov · 1w ago

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Elgi Equipments reported Q2 FY27 consolidated sales of Rs 1,134 crore (up 17% YoY) and consolidated PAT of Rs 128 crore (up 6% YoY).

BSE · Company Update·6 Nov · 1w ago

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1 advisor has an active short-term BUY call on this stock

Advisor consensus · adjacent horizon·23 Oct · 3w ago

Neutral / worth noting (1)

Elgi Equipments Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.

NSE · Outcome of Board Meeting·6 Nov · 1w ago

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Weighs against the BUY call (1)

RSI at 74 — overbought territory

Technicals · rsi·14 Nov · today

Factor classifications are AI-generated from exchange filings, verified news feeds and market data — they can be wrong or incomplete, and are not attributed to the issuing analyst. Verify every factor via its linked original before acting. This is not investment advice.

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