Synopsis
Kedia Securities, backed by star investor Vijay Kedia, has acquired a fresh 1.45% stake in small-cap engineering firm Eimco Elecon during the June quarter of 2026. The stock has gained nearly 15% in the past month as improving FII participation, strong fundamentals and a constructive technical setup continue to keep it on investors’ radar.
ETMarkets.comVijay Kedia-backed Kedia Securities bought a 1.45% stake in Eimco Elecon during the June 2026 quarter, as the small-cap engineering stock attracts growing institutional interest amid strong fundamentals and positive technical indicators.Kedia Titlesbacked by an ace investor Vijay Kediamakes a new entry into a small-cap engineering company Eimco Electronics (India) in the June quarter of 2026, by acquiring a stake of 1.45%, or 83,930 shares, according to the latest shareholding data.
At the current market price of Rs 1,755 per share, the value of Kedia Securities’ stake stands at around Rs 14.8 crore.
The stock has been on investors’ radar lately, gaining nearly 15% over the past month. Eimco Elecon currently has a market capitalization of around Rs 1,024 crore.
Vijay Kedia’s listed portfolioWhile shareholding disclosures from several companies are still awaited, the latest available data shows that Vijay Kedia publicly holds stakes in 23 listed companies, with a combined portfolio value exceeding Rs 1,369.7 crore. Of these, its largest investment in value is in Atul Autowhere his stake is worth around Rs 277 crore.FII assets increaseThe last shareholding model also indicates an increase in institutional interest in Eimco Elecon. Foreign institutional investors (FIIs) increased their stake from 3.10% in March 2026 quarter to 3.25% in June 2026 quarter.
At the same time, promoters’ stake remained unchanged at 48.96 per cent, reflecting promoters’ continued confidence in the company.
According to Trendlyne’s SWOT analysis, Eimco Elecon stands out on several key fundamental metrics, reflecting a healthy financial position and improving business performance.
The company’s strengths include low debt levels, consistent improvement in book value per share over the last two years and zero promoter commitment, indicating a strong balance sheet and better financial discipline.
Operationally, the company has seen revenue growth for three consecutive quarters, as well as strong quarter-over-quarter EPS growth. In addition, the increase in its net profit and the improvement in its profit margins highlight better profitability and operational efficiency.
These factors indicate improved business performance and a healthy financial profile.Stock market performance, valuation and technical indicatorsEimco Elecon has generated strong shareholder returns over the long term. While the stock has surged about 15% over the past month, it is up nearly 170% over the past three years, doubling investors’ wealth over the period.
The stock is currently trading at Rs 1,755, significantly below its 52-week high of Rs 2,588, while its 52-week low stands at Rs 1,405.50.
From a valuation perspective, the stock trades at a price-to-earnings (P/E) ratio of 26.1 and a price-to-book (P/B) ratio of 2.21.
On the technical side, the 14-day Relative Strength Index (RSI) stands at 55, indicating neutral momentum. Generally, an RSI below 30 is considered oversold, while a reading above 70 is considered overbought. The stock also maintains a positive technical setup, trading above 6 of its 8 key simple moving averages (SMAs), suggesting the broader trend remains constructive.
(Disclaimer: The recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
(What’s moving Sensex And Clever Track latest market news, stock market advice, Budget 2025, Equity market on the 2025 budget And expert adviceon AND Markets. Additionally, ETMarkets.com is now on Telegram. For the fastest news alerts on financial markets, investment strategies and stock market alerts, subscribe to our Telegram feeds .)
Subscribe to AND Bonus and read it Electronic document on economic times Online.and Sensex today.
Most trending stocks: SBI share price, Axis Bank share price, HDFC Bank share price, Infosys share price, Wipro stock price, NTPC stock price
…moreless
(You can now subscribe to our ETMarkets WhatsApp Channel)
(What’s moving Sensex And Clever Track latest market news, stock market advice, Budget 2025, Equity market on the 2025 budget And expert adviceon AND Markets. Additionally, ETMarkets.com is now on Telegram. For the fastest news alerts on financial markets, investment strategies and stock market alerts, subscribe to our Telegram feeds .)
Subscribe to AND Bonus and read it Electronic document on economic times Online.and Sensex today.
Most trending stocks: SBI share price, Axis Bank share price, HDFC Bank share price, Infosys share price, Wipro stock price, NTPC stock price
…moreless
