Industrial gears & machineryHistorical case study · data as of 28 Jul 2026 · published 31 Oct 2026 (95 days later)
Elecon Engineering Co. — 100-point case study
How Elecon Engineering Co. looked on 50 technical and 50 fundamental measures on 28 Jul 2026 — and what happened over the next three months. Education only; not a current view.
Close (to snapshot) Close (after) 50-day avg 200-day avg Support Resistance
Data note: The Mar 2026 quarter includes a goodwill impairment of about ₹102 crore, which depresses reported profit for that quarter and the year.
Technical analysis — 50 points
Calculated by code from daily prices up to 28 Jul 2026. Standard formulas (RSI, MACD, ADX use Wilder smoothing).
How to read the tags. Each of the 50 points gets one tag. Bullish the reading was favourable. Bearish the reading was unfavourable. Neutral the reading was in a normal range, or gave no clear message. Caution a warning sign or an unusual reading that deserves a closer look. Point 50 counts the other 49 tags. The chart is called positive when bullish tags beat bearish ones by 5 or more, negative when bearish tags beat bullish ones by 5 or more, and mixed otherwise. Under each point you will see what reading earns which tag. Tags describe the data on the snapshot date. They are not signals to buy or sell. Full guide to all 100 points →
A. Trend
#
Point
Reading
Tag
Commentary
1
Short-term trend (20 days)
slope -1.47%/day
Bearish
Over the last 20 sessions the regression line of closing prices was falling about 1.47% a day — a short-term downtrend.
Bullish slope above +0.10% a day (short-term uptrend) · Bearish slope below –0.10% a day (short-term downtrend) · Neutral between the two: a flat, sideways phase.
2
Medium-term trend (~5 months)
3M return -16.6%
Bullish
The 100-session trend line was up (+0.27%/day) and the stock was -16.6% over three months, so the medium-term picture was bullish.
Bullish slope above +0.05% a day · Bearish slope below –0.05% a day · Neutral in between.
3
Long-term trend (1 year)
1Y return -26.4%
Bearish
Compared with a year earlier the price was -26.4%. A weak year for the stock.
Bullish up more than 10% in a year · Bearish down more than 10% in a year · Neutral between –10% and +10%.
4
Weekly chart trend
10W 497.75 / 30W 455.28
Neutral
On the weekly chart the stock showed a weekly close tangled between the 10-week and 30-week averages.
Bullish weekly close above the 10-week average, which is above the 30-week · Bearish weekly close below the 10-week average, which is below the 30-week · Neutral when they are tangled.
5
Swing structure (highs/lows)
last highs 576.00→553.85; lows 495.50→515.35
Neutral
The two most recent swing points showed a lower high but a higher low — mixed structure.
Bullish higher highs and higher lows (uptrend structure) · Bearish lower highs and lower lows (downtrend structure) · Neutral when one is higher and the other lower.
6
ADX (14) — trend strength
31.0
Bearish
ADX at 31.0 shows a strong trend in force. ADX measures strength only, not direction.
Bullish ADX 20 or more with +DI above –DI (a real trend, pointing up) · Bearish ADX 20 or more with –DI above +DI (a real trend, pointing down) · Neutral below 20: no clear trend. 20–30 is a moderate trend, above 30 a strong one.
7
+DI vs –DI
+DI 11.7 / –DI 33.8
Bearish
–DI was above +DI: sellers had the upper hand in directional movement.
Bullish +DI above –DI · Bearish –DI above +DI · No neutral zone for this point.
B. Moving averages
#
Point
Reading
Tag
Commentary
8
Price vs 20-day SMA
480.27 (-13.6%)
Bearish
Close of 414.85 was 13.6% below the 20-day SMA — the short-term trend filter was negative.
Bullish close above the average · Bearish close below the average · No neutral zone.
9
Price vs 50-day SMA
507.18 (-18.2%)
Bearish
Close of 414.85 was 18.2% below the 50-day SMA — the medium-term trend filter was negative.
Bullish close above the average · Bearish close below the average · No neutral zone.
10
Price vs 200-day SMA
479.88 (-13.6%)
Bearish
Close of 414.85 was 13.6% below the 200-day SMA — the long-term trend filter was negative.
Bullish close above the average · Bearish close below the average · No neutral zone.
11
9 / 21 EMA crossover
9E 440.71 / 21E 469.62
Bearish
The 9-day EMA was below the 21-day EMA; the last crossover happened on 07 Jul 2026.
The 50-day average was 5.7% above the 200-day. The most recent signal was a golden cross on 16 Jun 2026.
Bullish 50-day above 200-day (after a “golden cross”) · Bearish 50-day below 200-day (after a “death cross”) · No neutral zone.
13
50-day SMA slope
-1.8% in 20 sessions
Bearish
The 50-day average fell 1.8% over the past month — declining.
Bullish rose more than 0.5% · Bearish fell more than 0.5% · Neutral in between: flattening.
14
MA ribbon alignment
480 / 507 / 473 / 480
Neutral
The 20/50/100/200-day averages were tangled — no clean order, typical of a transition or range.
Bullish neatly stacked 20 > 50 > 100 > 200 · Bearish neatly stacked 20 < 50 < 100 < 200 · Neutral when tangled (a transition or range).
15
Monthly anchored VWAP
482.70 (-14.1%)
Bearish
Anchored to the start of July, the volume-weighted average price was 482.70; the close was below it — buyers that month were on average under water.
Bullish close above VWAP (that month’s buyers on average in profit) · Bearish close below VWAP · No neutral zone.
C. Momentum
#
Point
Reading
Tag
Commentary
16
RSI (14)
23.8
Caution
RSI at 23.8 was oversold (≤30) — weak but stretched to the downside, where bounces often occur.
Bullish RSI 55–70 (positive momentum, not stretched) · Bearish RSI 30–45 (soft momentum) · Neutral 45–55. Caution at 70 or above (overbought) or 30 or below (oversold).
17
RSI divergence (last 40 days)
none
Neutral
Comparing the last 20 sessions with the 20 before: no divergence — RSI moved in line with price.
Bullish bullish divergence: price made a lower low but RSI a higher low · Caution for a bearish divergence (price higher high, RSI lower high). Neutral when RSI moved in line with price.
18
MACD line vs signal
MACD -26.82 / signal -19.56
Bearish
MACD was below its signal line — momentum turning or staying negative.
Bullish MACD above signal · Bearish MACD below signal · No neutral zone.
19
MACD histogram (5-day change)
-8.33 → -7.26
Bullish
The histogram rose over the last five sessions, meaning momentum was improving.
Bullish up more than 2% · Bearish down more than 2% · Neutral between –2% and +2%.
D. Volatility
#
Point
Reading
Tag
Commentary
25
Bollinger Band position (%B)
%B 0.11 (bands 395.60–564.93)
Neutral
%B of 0.11 — inside the bands, lower half.
How to read: Caution above 1 or below 0 (outside the bands — an overextended move). Neutral inside the bands.
26
Bollinger width / squeeze
width 35.3% (79th pct of 6M)
Neutral
Band width was at the 79th percentile of the last six months, a normal level.
How to read: Caution when the width is in the lowest 15% of six months (a “squeeze” that often comes before a bigger move, direction unknown). Neutral otherwise.
27
ATR (14)
₹19.01 (4.6% of price)
Neutral
A typical day's range was about ₹19.01, or 4.6% of the price — useful for judging how much 'normal noise' to expect.
How to read: Information only. A higher % means bigger normal daily swings.
28
Historical volatility (30-day)
30.7% vs 1Y 44.9%
Neutral
Annualised 30-day volatility was 30.7%, below the one-year level of 44.9%.
How to read: Caution when 30-day volatility is more than 1.25× the one-year level. Neutral otherwise.
29
Keltner Channel (20, 2×ATR)
431.57–504.28
Bearish
The close was below the lower channel — a strong trending push.
Bullish close above the upper channel (strong upward push) · Bearish close below the lower channel · Neutral inside the channel.
30
Beta vs Nifty 50 (1Y daily)
1.64
Neutral
A beta of 1.64 means the stock tended to move more than the Nifty 50 day to day.
How to read: Information only. Above 1.1 moves more than the market, below 0.9 less, around 1 in line.
E. Volume & money flow
#
Point
Reading
Tag
Commentary
31
Volume vs 20-day average
last day 0.56× / 5-day 0.98×
Neutral
The final session traded 0.56× its 20-day average volume and the last five sessions averaged 0.98× — normal participation.
How to read: Information only. Above 1.2× is heavier than usual participation, below 0.8× lighter.
32
Up-day vs down-day volume (20d)
ratio 0.86
Neutral
Average volume on up days was 0.86× that on down days — balanced.
Bullish ratio above 1.15 (accumulation-leaning) · Bearish ratio below 0.85 (distribution-leaning) · Neutral between 0.85 and 1.15.
33
On-Balance Volume (20d)
OBV falling
Bearish
OBV fell over the month while price fell — volume confirmed the price move.
About ₹31 crore changed hands per day on average over 20 sessions — moderately liquid.
How to read: Information only. Above ₹500 crore a day is highly liquid, above ₹50 crore liquid, below that moderately liquid.
F. Price levels
#
Point
Reading
Tag
Commentary
38
Support levels (S1/S2/S3)
412.10 / 400.50 / 388.95
Neutral
Nearest support (prior swing lows) sat at 412.10, 0.7% below the close, then 400.50, 388.95.
How to read: Information only. Levels to watch, not good or bad.
39
Resistance levels (R1/R2/R3)
416.00 / 435.75 / 493.52
Neutral
Nearest resistance (prior swing highs) sat at 416.00, 0.3% above the close, then 435.75, 493.52.
How to read: Information only.
40
Monthly pivot points (for next month)
P 460.52 | R1 508.18 | S1 367.18
Neutral
Classic pivots from July's high/low/close gave a pivot of 460.52; the close was below it.
How to read: Information only.
41
Fibonacci retracement (6M swing)
23.6% 525 | 38.2% 492 | 50.0% 466 | 61.8% 439
Neutral
Measuring the 6-month rise from 352.00 to 579.00, the close was nearest the 61.8% retracement at 438.71.
How to read: Information only.
42
52-week high / low
H 634.90 / L 352.00
Neutral
The close was 34.7% below the 52-week high and 17.9% above the 52-week low.
Bullish within 5% of the 52-week high · Bearish within 5% of the 52-week low · Neutral in between.
43
Unfilled price gaps (6M)
1 open; latest gap-up 08 Apr at 395.95
Neutral
There was 1 unfilled gap(s). The latest, a gap-up on 08 Apr 2026, left an open level at 395.95 that price had not revisited.
How to read: Information only.
G. Patterns
#
Point
Reading
Tag
Commentary
44
Price structure / chart pattern
pullback inside a larger uptrend
Neutral
Rule-based pattern scan: pullback inside a larger uptrend. (Classical patterns like head-and-shoulders are judgement calls; we report only what the rules detect.)
Bullish rising channel (both trends up) · Bearish falling channel (both trends down) · Neutral for tight consolidation, a bounce in a downtrend, a pullback in an uptrend, or a sideways range.
45
Breakout / breakdown (20-day)
range 418.35–553.85
Bearish
The close was breakdown below the prior 20-day range of 418.35–553.85 — a range break.
Bullish close above the 20-day high (breakout) · Bearish close below the 20-day low (breakdown) · Neutral inside the range.
46
Latest candlestick
Ordinary red candle
Neutral
On 28 Jul the candle opened 424.00, ranged 412.85–425.95 and closed 414.85: Ordinary red candle. Single candles are weak signals on their own.
Bullish hammer, bullish engulfing or bullish marubozu · Bearish shooting star, bearish engulfing or bearish marubozu · Neutral for a doji, inside bar or ordinary candle. Single candles are weak signals.
47
Ichimoku Cloud
cloud 480.00–533.41; Tenkan 446.40 / Kijun 484.73
Bearish
Price was below the cloud and the Tenkan line was below the Kijun line — a bearish Ichimoku setup.
Bullish close above the cloud · Bearish close below the cloud · Neutral inside the cloud.
H. Relative strength & summary
#
Point
Reading
Tag
Commentary
48
Relative strength vs Nifty 50
1M -20.8% / 3M -16.2%
Bearish
The stock underperformed the Nifty 50 by 16.2 points over three months and underperformed by 20.8 points over one month.
Bullish ahead of the Nifty 50 by more than 2 points · Bearish behind by more than 2 points · Neutral within ±2 points.
49
Relative strength vs Nifty 50 (6M)
6M +15.5%
Bullish
No sector index in today's data set, so we show the 6-month comparison instead: 15.5 points ahead of the Nifty 50.
Bullish ahead by more than 2 points · Bearish behind by more than 2 points · Neutral within ±2 points.
50
Technical summary
4 bullish · 22 bearish · 20 neutral · 3 caution
Bearish
Across the 49 readings the technical picture leaned negative. Levels that mattered: support 412.10, resistance 416.00. This is a description of the chart on 28 Jul 2026, not a forecast. How to read the score: the strongest possible reading is 49 bullish · 0 bearish, and the weakest is 0 bullish · 49 bearish. Most companies land in between. The chart is called positive when bullish tags beat bearish ones by 5 or more, negative when bearish tags beat bullish ones by 5 or more, and mixed otherwise. Even a 49–0 score describes the past and is not a reason to buy, and a 0–49 score is not a reason to sell.
Bullish bullish tags beat bearish ones by 5 or more (“positive”) · Bearish bearish tags beat bullish ones by 5 or more (“negative”) · Neutral (“mixed”) otherwise. Strongest possible: 49 bullish · 0 bearish.
Fundamental analysis — 50 points
Uses only results published by 28 Jul 2026: FY26 annual (Apr 2025–Mar 2026), the Jan–Mar 2026 quarter and the Jun 2026 shareholding. ₹ crore, consolidated unless stated. Valuation uses the 28 Jul 2026 close.
How to read the tags. Each of the 50 points gets one tag. Bullish the reading was favourable. Bearish the reading was unfavourable. Neutral the reading was in a normal range, or gave no clear message. Caution a warning sign or an unusual reading that deserves a closer look. Point 50 counts the other 49 tags. The numbers are called positive when bullish tags beat bearish ones by 4 or more and are at least 1.5 times as many, negative the other way round, and mixed otherwise. Under each point you will see what reading earns which tag. Tags describe the data on the snapshot date. They are not signals to buy or sell. Full guide to all 100 points →
A. Valuation
#
Point
Reading
Tag
Commentary
1
P/E (trailing 12 months)
27.3×
Neutral
At ₹414.85 the market valued the company at about ₹9,304 crore, or 27.3× the ₹341 crore profit of the four quarters to Mar 2026. That is a moderate multiple.
How to read: Information only. Below 15 is a low multiple, 15–30 moderate, above 30 a premium (the market expects growth). Compare with peers and the company’s own history.
2
Price / Book
4.04×
Neutral
Market cap was 4.04× the Mar 2026 book value (equity + reserves) of ₹2,305 crore.
How to read: Information only. Main yardstick for banks; asset-light businesses usually trade at high P/B.
3
Price / Sales
3.93×
Neutral
The company was valued at 3.93× its trailing-12-month sales of ₹2,367 crore.
How to read: Information only.
4
EV / EBITDA (approx.)
18.3×
Neutral
Enterprise value (market cap + ₹273 cr borrowings; cash not netted) was 18.3× trailing operating profit of ₹523 crore.
How to read: Information only. Lower means cheaper relative to operating profit.
5
Earnings yield
3.7%
Neutral
The inverse of P/E: each ₹100 invested bought about ₹3.7 of annual earnings. Investors often compare this with the ~6–7% yield on 10-year government bonds.
How to read: Information only. Often compared with the ~6–7% yield on 10-year government bonds.
6
PEG (P/E ÷ 3-yr profit CAGR)
2.14
Caution
P/E of 27.3 divided by 3-year profit growth of 12.7% a year gives a PEG of 2.14. Below 1 is often read as growth being cheaply priced; above 2 as expensive. Note: the Jun 2025 quarter carried unusual other income of ₹108 crore; the Mar 2026 quarter carried unusual other income of ₹-84 crore — a one-off that distorts year-on-year profit comparisons.
Bullish below 1 (growth cheaply priced) · Bearish above 2 (growth expensively priced) · Neutral 1–2, or when profit did not grow (not meaningful).
7
Dividend yield (trailing 12M)
0.48%
Neutral
Dividends with ex-dates in the 12 months to the snapshot totalled ₹2 a share, a 0.48% yield on the ₹414.85 price.
Bullish above 3% · Neutral at 3% or less. Never tagged Bearish.
8
Market capitalisation
₹9,304 cr
Neutral
At about ₹0.09 lakh crore the company was a small-cap.
How to read: Information only. Above ₹1 lakh crore large-cap, ₹30,000 crore–₹1 lakh crore mid-cap, below that small-cap (our rule of thumb).
9
Graham number vs price
₹187.52 vs ₹414.85
Neutral
Benjamin Graham's conservative fair-value yardstick √(22.5 × EPS × book value per share) came to ₹187.52; the price was 121% above it. Quality franchises usually trade above this number.
Bullish price below the Graham number · Neutral when the price is above it (most quality companies are).
B. Growth
#
Point
Reading
Tag
Commentary
10
Revenue growth FY26 (YoY)
+6.2%
Neutral
Revenue for FY26 was ₹2,366 crore, +6.2% versus FY25.
FY26 net profit was ₹341 crore, -17.8% on FY25's ₹415 crore. Note: the Jun 2025 quarter carried unusual other income of ₹108 crore; the Mar 2026 quarter carried unusual other income of ₹-84 crore — a one-off that distorts year-on-year profit comparisons.
Bullish above 10% · Bearish below 0% · Neutral 0–10%. Caution if a one-off item distorted the figure.
13
Q4 FY26 profit growth (YoY)
-95.9%
Caution
Quarterly profit was ₹6 crore versus ₹146 crore a year earlier (-95.9%). Note: the Jun 2025 quarter carried unusual other income of ₹108 crore; the Mar 2026 quarter carried unusual other income of ₹-84 crore — a one-off that distorts year-on-year profit comparisons.
Revenue compounded at 15.6% a year from FY23 to FY26.
Bullish above 12% a year · Bearish below 5% a year · Neutral 5–12%. Caution if an acquisition inflated it.
15
Profit CAGR (3 years)
12.7%
Caution
Net profit compounded at 12.7% a year from FY23 to FY26. Note: the Jun 2025 quarter carried unusual other income of ₹108 crore; the Mar 2026 quarter carried unusual other income of ₹-84 crore — a one-off that distorts year-on-year profit comparisons.
Bullish above 12% a year · Bearish below 5% a year · Neutral 5–12%.
16
Revenue CAGR (5 years)
17.8%
Bullish
Over five years (FY21–FY26) revenue compounded at 17.8% a year.
Bullish above 12% a year · Bearish below 5% a year · Neutral 5–12%.
17
EPS growth FY26 (reported)
-17.8%
Caution
Reported EPS went from ₹18.50 to ₹15.20 (-17.8%). Differences from profit growth come from changes in share count (bonus, buyback, new issues). Note: the Jun 2025 quarter carried unusual other income of ₹108 crore; the Mar 2026 quarter carried unusual other income of ₹-84 crore — a one-off that distorts year-on-year profit comparisons.
Bullish all tests passed, or all but one · Bearish half the tests or fewer passed · Neutral in between.
49
Automated screen flags
0 strength(s) · 0 weakness(es)
Neutral
No strengths flagged. No weaknesses flagged. (Flags generated by the data source’s rule screen.)
How to read: Information only.
50
Fundamental summary
9 bullish · 4 bearish · 31 neutral · 5 caution
Bullish
On the numbers published by 28 Jul 2026 the fundamental picture leaned positive. Valuation: P/E 27.3×, P/B 4.04×. This describes the data, not a recommendation. How to read the score: the strongest possible reading is 49 bullish · 0 bearish, and the weakest is 0 bullish · 49 bearish. Most companies land in between. The numbers are called positive when bullish tags beat bearish ones by 4 or more and are at least 1.5 times as many, negative the other way round, and mixed otherwise. Even a 49–0 score describes the past and is not a reason to buy, and a 0–49 score is not a reason to sell.
Bullish bullish tags beat bearish ones by 4 or more and are at least 1.5× as many (“positive”) · Bearish the same the other way round (“negative”) · Neutral (“mixed”) otherwise. Strongest possible: 49 bullish · 0 bearish.
News in the three months before the snapshot
Company news from 28 Apr 2026 – 28 Jul 2026 that an investor could have known on the snapshot date.
02 Jun 2026Elecon Engineering publishes FY2025-26 annual report — The 66th annual report shows FY26 consolidated revenue of Rs 2,366 crore (+6.2% YoY), EBITDA of Rs 523 crore (22.1% margin) and PAT of Rs 341 crore. MHE revenue rose 43.6% to Rs 667 crore; the consolidated order book stood at Rs 1,292 crore. It mentions a new Mexico subsidiary and a final dividend recommendation of Rs 1.50 per share (Rs 2.00 total for the year). source
03 Jul 2026Board meeting scheduled for July 10 to consider Q1 FY27 results — A results preview noted the board would meet on July 10, 2026 to consider Q1 FY27 results. It recapped Q4 FY26 revenue of Rs 746 crore and a 21.2% EBITDA margin, an order book of Rs 1,292 crore at March 31, 2026, and the incorporation of a Mexico subsidiary on June 11, 2026. source
10 Jul 2026Elecon Engineering Q1 FY27: revenue Rs 521 crore, PAT Rs 70 crore — Consolidated revenue from operations rose 6.1% YoY to Rs 520.56 crore, while PAT fell about 60% to Rs 70.35 crore from Rs 175.44 crore (the prior-year quarter included a large one-off gain). Order intake was Rs 755 crore and the open order book Rs 1,518 crore. The shares fell as much as 6% intraday. source
14 Jul 2026Management keeps cautious FY27 outlook after Q1 call — Following the Q1 FY27 earnings call, management took a cautious annual view citing macro and geopolitical headwinds, while maintaining margin targets of about 24% EBITDA for Gears and 22-24% for MHE. It reiterated a Rs 400 crore capex programme through FY28 and a target of 50% export revenue by FY30. source
What happened next (28 Jul 2026 → 30 Oct 2026)
Price went from ₹414.85 to ₹419.75 by 30 Oct 2026 (+1.2%) while the Nifty 50 moved -3.9% — outperforming by 5.1 points.
Highest ₹509.60 on 16 Oct 2026; lowest ₹401.20 on 23 Oct 2026.
S1 412.10: broken on a closing basis on 31 Aug 2026.
S2 400.50: held on a closing basis.
R1 416.00: cleared on a closing basis on 29 Jul 2026.
R2 435.75: cleared on a closing basis on 06 Aug 2026.
200-day SMA: price was below it at the snapshot and crossed above on 23 Sep 2026.
Apr–Jun 2026 results (reported 10 Jul 2026): revenue ₹521 crore (+6.1% YoY), net profit ₹70 crore (-60.0% YoY), operating margin 21% vs 27% a year earlier (Screener consolidated figures).
Later news
03 Aug 2026Elecon schedules analyst and investor plant visit on August 5 — The company disclosed a group plant visit for analysts and investors on August 5, 2026, stating no unpublished price-sensitive information would be shared, and sought condonation of a delay in the intimation. It also reported on August 1 that shareholders approved the reappointment of independent director Pranav C. Amin. source
03 Sep 2026Volume spurt at Elecon Engineering counter — About 65.92 lakh shares traded on NSE by 14:14 IST, roughly 20.9 times the two-week average daily volume, with the stock up 4.94% to Rs 437.20. No company-specific reason was given. source
23 Sep 2026Elecon Engineering jumps 10% on very heavy volume — The stock rose about 10% to around Rs 463 and led BSE 'A' group gainers; NSE volume reached about 263 lakh shares by 14:14 IST, roughly 130 times its two-week average. The report did not cite a company-specific trigger. source
14 Oct 2026Elecon Engineering Q2 FY27: revenue up 10.5%, PAT up 9%; interim dividend Rs 0.50 — Q2 FY27 consolidated revenue rose 10.5% YoY to Rs 639 crore, EBITDA rose 17.5% to Rs 148 crore (23.1% margin) and net profit rose 9% to Rs 96 crore. The open order book was Rs 1,635 crore. The board declared an interim dividend of Rs 0.50 per share with record date October 21, 2026. source
Educational summary. On 28 Jul 2026 the technical picture leaned negative and the fundamental picture leaned positive. Over the next three months the stock moved +1.2% against -3.9% for the Nifty 50. Here the chart's message did not line up neatly with what followed — a reminder that indicators describe the past, not the future. One case proves nothing on its own; the value is in seeing many cases over time. This page does not say whether to buy, sell or hold Elecon Engineering Co. today.
Method designed by our founder, CPA · ACCA · CIA. Numbers are computed by our engine from the sources listed below.
Sources: daily prices — Yahoo Finance history pages; financials and shareholding — Screener.in (fetched 31 Oct 2026); index — Nifty 50 via Yahoo Finance; news — linked articles. Calculations by Manage Our Finance. Report a correction