GENERAL23 Sept 2026
This stock is one of the top gainers in Nifty 500 today - Check share price performance | Do you own it? | Stock Market News
Elecon Engineering shares jumped as much as 10% on the NSE on Wednesday, 23 September, making the small-cap one of the Nifty 500's top gainers. The stock opened at ₹420.55 and touched an intraday high of ₹476.90, helped by heavy trading volume of about 243.50 lakh shares. This matters to small-cap investors tracking sharp moves. Check the company's weak June-quarter numbers before acting.
Key Statutory Highlights
- Elecon Engineering shares rose as much as 10% on the NSE on Wednesday, 23 September, making it one of the top gainers in the Nifty 500 index.
- The stock opened at ₹420.55 and hit an intraday high of ₹476.90, with around 243.50 lakh shares changing hands during the session.
- Elecon's June-quarter revenue fell 5.3% year-on-year to ₹392 crore, while profit after tax stayed flat at ₹73 crore.
Actionable Advice for Taxpayers / Founders:If you hold or plan to buy this small-cap, look at the company's June-quarter revenue and margin figures and your own risk limit before deciding, since a one-day price jump alone is not a reason to invest.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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