This Vijay Kedia-owned stock has more-than-doubled since April

Shares of Elecon Engineering Company hit an over 14-year high of Rs 298.80 in the intra-day trade on Thursday

Shares of Elecon Engineering Company (EECL) hit an over 14-year high of Rs 298.80 after they gained 3 per cent on the BSE in Thursday's intra-day trade. In the past one week, the stock has rallied 15 per cent, as against 2 per cent rise in the S&P BSE Sensex.

The stock of the industrial equipments company was trading at its highest level since January 2008. Earlier, it had hit a record high of Rs 343 on December 20, 2007.

Thus far in the financial year 2022-23, the market price of EECL has more-than-doubled or has zoomed 108