Elecon Engineering Company Ltd Share Price

Summary

Elecon Engineering Company Limited is a leading manufacture of mission critical Material Handling Equipment and Power Transmission Solution. The Company is involved in the design and manufacturing of Material Handling Equipment and Industrial Gears and is providing erection and commissioning solutions for the products. The Company works manufacturing operations based out of India, Sweden, UK, USA and The Netherlands with Sales Offices at Dubai and Singapore. The companys products includes designing, engineering, manufacturing, supply, erection and commission of wagon tipplers, bucket wheel stacker or reclaimers, barrel-type blender reclaimers, fertilizer reclaiming scrapers, limestone pre-homegenizing and blending plants etc. The Company was established in 1951 in Goregaon, Mumbai by Late Shri Ishwarbhai B. Patel. It has developed and perfected their skills in design, manufacture, erection and commissioning of coal handling plants. Over the years, it has expanded skills and expertise in designing and execution of turnkey contracts.In the year 1984, the company received government approval for their diversification into the manufacture of 1000 hydraulic fluid couplings per annum and in June 1987, Elecon (Madras) Ltd, a wholly owned subsidiary company merged with the company.During the year 1997-98, the company in technical collaboration with a Japanese company floated a new company to manufacture geared motors and gear reducers. Also, they formed a joint venture with German co
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