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Elecon Engineering Rated 'Buy' By Axis Securities On Coverage Initiation, Eyes 27% Upside

Axis Securities initiates coverage on Elecon Engineering implying an upside of 27% from the current market price, check details.

<div class="paragraphs"><p>In H2 FY26, Elecon Engineering&nbsp;is expected to deliver a notable 48% revenue growth over H1 FY26. &nbsp; (Photo source: Pixabay)</p></div>
In H2 FY26, Elecon Engineering is expected to deliver a notable 48% revenue growth over H1 FY26.   (Photo source: Pixabay)
Elecon has built a strong global presence through subsidiaries in Europe and the U.S., strengthened further by the Benzlers–Radicon acquisition. With a longstanding reputation for engineering excellence and innovation, Elecon delivers comprehensive, end-to-end industrial solutions, positioning it as a key player in the capital goods and heavy engineering space.
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