Rs 621 Cr in net cash, an 18% margin goal: Is this mid-Cap engineering stock entering its best phase yet?
- Posted on July 28, 2026
- By Financial Express
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- 1 min read
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Rs 621 Cr in net cash, an 18% margin goal: Is this mid-Cap engineering stock entering its best phase yet?
Elgi Equipments has navigated complex global expansion by building local manufacturing and distribution, investing in digital capabilities, and restructuring operations to improve profitability and market share worldwide.