India's Eimco Elecon set for worst day in over 5 years on quarterly profit fall

Eimco Elecon (India)

10/07/2025 08:39

** Shares of Eimco EleconEIMC.NS tumble 10% to 2,480 rupees, set for worst day since March 3, 2020

** Manufacturer of mining and construction equipment reports 2% drop in June-quarter profit Y/Y, rev. declines 3%

** Stock set to fall for fourth straight session, dropping 16% in the period

** More than 100,000 shares traded, 5.3x their 30-day average

** Stock up 23% so far in 2025

(Reporting by Nishit Navin in Bengaluru)

((nishit.navin@thomsonreuters.com))