10 Oct 2025 | 5 Mins Read
Eimco Elecon shares plummet 15% in two sessions
Flipitmoney
Vijay Kedia-backed Eimco Elecon shares plunged 15% in 2 sessions after the Gujarat-based company reported a 59% fall in Q2 net profit to Rs 5.35 crore, down 50% in revenue from operations to Rs 33.23 crore. Kedia purchased Rs 11 crore worth of Eimco Elecon shares. The stock has lost 77% from its 52-week peak and 34% in the past year, but returns 426% over 3 years.