Elecon Engineering fell 4% post Q1, with profits up 139% YoY but revenue down 38% QoQ due to seasonal trends. Analyst Rajneesh Sharma sees a bullish long-term outlook, citing a clean balance sheet, strong margins, and ₹620 crore Q1 orders. A breakout above ₹670 could target ₹720-750. Dips near ₹585-600 seen as buying opportunities.