Elgi Equipments zoomed over 29% in just six sessions; here's why

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Elgi Equipments is a small-cap stock with a market capitalization of ₹17,225 crore. The company manufactures a wide range of air compressors, and it is the second largest player in the Indian air compressor market.

Elgi Equipments rose 982% in less than three years; is there more steam left?

Elgi Equipments is a small-cap stock with a market capitalisation of ₹13,918 crore. The company manufactures a wide range of air compressors, and it is the second largest player in the Indian air compressor market. In Q3FY23, the company posted a 90.47% YoY rise in its consolidated net profit of ₹80 crore.

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Elgi Equipments zoomed over 29% in just six sessions; here's why

markets