In this blog we are going to see the main points about ELGI EQUIPMENT LTD, after that we will be discussing about its stock movement.
Elgi mainly produces:
- Compressors
- Dryers
- Other related Products
Stock analysis
On 22 May 2023, this stock moves upto 17% in one day and gave its shareholders a huge profit in one day.
The reason for this growth is its better Q4 results.
Now we will see it’s chart
As we can see yesterday it moved above 560 and today it goes around 548. Today peoples are selling it.
This stock will perform well on basis of its previous year performance, so you include it in your portfolio.
If you like this analysis, then please comment the stock you want me to analyse and if you find any improvement then please let me know
