India's Elecon Engineering slips to 1-1/2-month low on quarterly profit slump
10/07/2026 07:38
BUZZ-India's Elecon Engineering slips to 1-1/2-month low on quarterly profit slump ** Shares of Elecon Engineering Company ELCN.NS fall 4% to 494 rupees, their lowest point since May 21
** The manufacturing equipment maker's first-quarter consol net PAT tumbles ~60% Y/Y, hurt by higher raw material costs, but revenue up 6%
** Elecon stock up 7%, YTD
(Reporting by Aleef Jahan in Bengaluru)
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