ELGIEQUIP Extends Losses for Third Straight Day

As of 14 October 2025,

stock extended its losses for the third consecutive day, trading down approximately 2%. The stock fell below its five-month low, reflecting continued bearish momentum. Current prices have revisited levels last seen around August 2022, approximately ₹465, taking the stock back to territory not observed for nearly three years. The decline comes amid sustained selling pressure, with the stock showing weakness across short-term trading intervals. Market participants are noting that the stock has breached previous short-term support zones, marking a period of subdued activity and lower price levels. Trading volumes remain in line with recent averages, indicating steady market participation. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.