Ellenbarrie Industrial Share Price Target 2025: Can It Climb to ₹690?
Ellenbarrie Industrial Gases (NSE: ELLE / BSE: 544421) is trading near ₹498.25, holding above its 52-week low but below its all-time highs, suggesting a consolidation phase with rally potential.
Key Highlights
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Current Price (approx): ₹498.25 as of Aug 16, 2025
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52-Week Range: ₹486 (low) to ₹637 (high)
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Analyst Consensus Target (2025): ₹572.30 average from SBI, Hem Securities & Ventura
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Broad Forecast Range: ₹300–₹690 in 2025 (via shareprice-target.com)
Technical Analysis
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Trend: Sideways to mildly bullish setup—potential accumulation zone.
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Support Levels: ₹500–₹510 (near recent trades).
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Resistance Levels: ₹570–₹580 (near analyst targets); breakout above ₹600 could open move toward ₹637 high.
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Forecast Scenarios:
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Base Target: ₹570–₹590 (average consensus).
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Bullish Stretch: ₹600–₹637 if breakout occurs.
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Bearish Risk: Below ₹500 could lead back to ₹480–₹490.
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Company Fundamentals & Catalysts
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IPO Refresh: IPO price band was ₹380–₹400 in June 2025, showing initial investor support.
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Operations: India’s largest 100% domestic industrial gases firm, offering oxygen, nitrogen, argon, specialty gases, medical pipelines, and engineering services.
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Financial Snapshot: Q1 result shows net profit of ₹18.7 crore—a 15.6% YoY increase.
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Shareholding: Promoter holding stood at 77.16% as of June 2025.
2025 Share Price Targets
| Scenario | Target Range (₹) | Notes |
|---|---|---|
| Base Case | ₹570–₹590 | Aligns with analyst consensus |
| Bullish Case | ₹600–₹637 | Potential breakout toward 52-week high |
| Bearish Risk | ₹480–₹500 | Fall if key support fails |
Ellenbarrie Industrial Gases is consolidating between ₹500–₹520, backed by solid fundamentals and institutional interest. A move above ₹570 would validate analyst targets and potentially lead to higher levels toward ₹637. Watch volume and market sentiment closely for breakout signals.
