A tremendous boom in Alecon Engineering shares – 4600% rise in 5 years, but recently declined

The Elecon Engineering, a company associated with the Heavy Electrical Equipment Industry, has given multibagger returns to investors. In the last five years, the company’s shares have increased by more than 4600%, but in recent months it has seen a decline.

Return of more than 4600% in five years

• On 27 March 2020, Alex Engineering stock was only Rs 9.40.

• It closed at Rs 449.10 on 28 March 2025.

• In the last 4 years, 1220% rose, while in the last 3 years, 475% jumped.

• There was a rise of 135% in 2 years.

Recently the share dropped up to 35%

However, the stock has fallen by 35% in the last six months.

• On 30 September 2024, the stock was at Rs 700, which came to Rs 449.10 on 28 March 2025.

• So far this year, there has been a 29% decline.

• 52 weeks highest level: 738.85 rupees

• Minimum level of 52 weeks: Rs 378.35

Giant investor Vijay Kedia’s big bet

Famous investor Vijay Kishanlal Kedia has expressed confidence in Alex Engineering.

• He has 24,50,000 shares of the company.

• The company holds 1.09% stake in the company.

• Franklin India Smallow Companies Fund also has 24,50,478 shares.

What indications for investors?

Alex Engineering has given excellent returns in long -term, but recent decline may be a matter of concern for investors. Is this fall in investment opportunity or a sign of stopping? Investors will have to keep an eye on fundamentals and market trends.