Elango Industries Share Price

BSE
ELANGO •
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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W Low in past week
-8.9
TTM PE Ratio
Negative PE TTM
-16.9
Price to Book Ratio
Low in industry
1
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.1

Elango Industries shareholding Pattern

Promoter
35.2%
Public
64.8%
Promoter
35.2%
Public
64.8%
Promoter
35.2%
Public
64.8%
Promoter
35.2%
Public
64.8%
Promoter
35.2%
Public
64.8%
Promoter
35.2%
Public
64.8%

Elango Industries Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
8
Bearish Moving Averages
8
5Day EMA
10.20
10Day EMA
10.00
12Day EMA
10.10
20Day EMA
10.40
26Day EMA
10.60
50Day EMA
11.10
100Day EMA
11.60
200Day EMA
11.60
5Day SMA
9.90
10Day SMA
9.60
20Day SMA
10.60
30Day SMA
10.90
50Day SMA
11.50
100Day SMA
12.00
150Day SMA
12.00
200Day SMA
11.70
Delivery & Volume

Delivery & Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume
Day Rs
139 Rs
149 Rs
Week Rs
362 Rs
364 Rs
Month Rs
187 Rs
190 Rs
Resistance & Support
10.87
Pivot
Resistance
First Resistance
10.87
Second Resistance
10.87
Third Resistance
10.87
Support
First Support
10.87
Second support
10.87
Third Support
10.87
Relative Strength Index
52.71
Money Flow Index
59.41
MACD
-0.47
MACD Signal
-0.56
Average True Range
0.47
Average Directional Index
15.78
Rate of Change (21)
2.94
Rate of Change (125)
-9.19

Elango Industries Company background

Founded in: 1989
Managing director: S Elangovan
Elango Industries Limited, established in 1989, was manufacturing Steel Ingots from 1991 to 2003. The Company was promoted by Mr. S. Elangova. The Company came with Public Issue in 1993 for Rs. 2.63 Crore. It initially established a steel plant to produce steel ingots in Karaikal and Pondicherry in 1994. After about 10 years in the steel industry, it was sold and the promoters commissioned a 7 Mw Gas based power plant in 2005 in Mayiladuthurai. Later, seeing good prospects and opportunities in power generation business, another 63Mw captive power plant using coal was set up in 2012. Since then, the Company has majorly been a power generation and distribution company. It has been lately providing operation and maintenance services to power plants, which constitutes major revenue. Further, it started to market and sell the power produced by the power plants of its clients, to increase its revenue. During the financial years 202021 and 202122, however, the business is slowly recovering and the Companys financial position is better than the previous financial year. The Company is engaged primarily in the business of manufacturing steel ingots from the scrap materials. The plant is located at Marathur Village, in Maiyladuthurai of Nagai District. The Company focuses on external power contactor (EPC) contract for power plant. Kaveri Gas Power Limited (KGPL) is a special purpose vehicle (SPV), which was promoted by the Company. KGPL operates a natural gasbased captive power plant of 14 megawatt capacity at Maruthur Village, Mayiladuthurai Taluk, Nagapattinam District in Tamil Nadu, India.
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