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ELGIRUBCO NEWS why is Elgi Rubber Company Limited price falling or rising

ELGIRUBCO NEWS reasons for why stock price of Elgi Rubber Company Limited is falling or rising

ELGIRUBCO Elgi Rubber is falling or rising technical reasons

Technical analysis forecast for Elgi Rubber Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Elgi Rubber ELGIRUBCO at this time. Stock is falling and might fall more.

It appears as if Elgi Rubber ELGIRUBCO gave a large move recently.

Stock of Elgi Rubber (ELGIRUBCO) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Elgi Rubber is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 52.7 as stoploss in an intra day buy trade for a target of 55.9. However, stock will show a bearish move below 52.7.

ELGIRUBCO Elgi Rubber is falling or rising NEWS fundamental reasons

Company Announcement Elgi Rubber Company Limited has informed the Exchange about the completion of the sale of land property together with buildings situated at Hyderabad - NEWS as on 2026-09-10

Company Announcement Elgi Rubber Company Limited has submitted the Exchange the voting results along with a copy Scrutinizer's report in respect of Annual General Meeting held on August 27, 2026. - NEWS as on 2026-08-28

Company Announcement Elgi Rubber Company Limited has informed the Exchange regarding Proceedings of Annual General Meeting held through video conferencing facility on August 27, 2026 - NEWS as on 2026-08-27

Company Announcement Elgi Rubber Company Limited has informed the Exchange about Copy of Newspaper Publication regarding the unaudited financial results for the quarter ended June 30, 2026 - NEWS as on 2026-08-13

Company Announcement - NEWS as on 2026-08-13

Company Announcement Elgi Rubber Company Limited has informed the Exchange about the reversal of interest receivable from overseas wholly owned subsidiaries recognized during the quarter ended June 30, 2026 - NEWS as on 2026-08-12

Company Announcement Elgi Rubber Company Limited has informed the Exchange about Copy of Newspaper Publication regarding opening of another Special Window for transfer and dematerialization of physical shares and general KYC related information - NEWS as on 2026-08-12

Company Announcement Elgi Rubber Company Limited has informed the Exchange about Copy of Newspaper Publication regarding Notice of 20th Annual General Meeting relating to FY 2025-26 and e-voting information and book closure - NEWS as on 2026-08-03

More announcements and NEWS

ELGIRUBCO Elgi Rubber Company Limited current price & indicator signals

Moving Averages for Elgi Rubber Company Limited

  • 5Day Average: 54.68
  • 12Day Average: 54.57
  • 20Day Average: 56.39
  • 50Day Average: 58.33
  • 100Day Average: 55.07
  • 150Day Average: 51.84
  • 200Day Average: 49.46

ELGIRUBCO Indicators & signals

Indicator MACD (12,26,9)

55.08, 56.35, -1.13
Indicator MACD is in negative zone

Indicator ADX (14)

6.49, 21.36, 24.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ELGIRUBCO Elgi Rubber Company Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
09 Fri Oct 2026 53.80 53.40 to 55.00 -0.81% 0.35 times
08 Thu Oct 2026 54.24 53.20 to 58.44 -6.24% 0.65 times
07 Wed Oct 2026 57.85 55.51 to 58.50 3.36% 1.43 times
06 Tue Oct 2026 55.97 51.61 to 59.80 8.55% 3.24 times
05 Mon Oct 2026 51.56 51.01 to 53.17 0.35% 0.49 times
01 Thu Oct 2026 51.38 50.50 to 53.69 -3.82% 0.42 times
30 Wed Sep 2026 53.42 52.95 to 54.00 0.98% 0.27 times
29 Tue Sep 2026 52.90 51.50 to 53.51 1.24% 0.38 times
28 Mon Sep 2026 52.25 52.01 to 55.68 -4.93% 1.15 times
25 Fri Sep 2026 54.96 54.11 to 58.45 -3.83% 1.47 times
24 Thu Sep 2026 57.15 57.00 to 59.94 -3.71% 0.5 times
23 Wed Sep 2026 59.35 58.05 to 59.88 -0.7% 0.2 times

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