Elecon Engineering shares gain over 16% in five sessions | Axis Securities sees 10% upside, sets target price at Rs.505

New Delhi, Sept. 28 -- Elecon Engineering Company share price jumped nearly 7% on Monday, 28 September, even as the broader Indian stock market witnessed a sharp sell-off. Rising crude oil prices, pressure on the rupee and elevated global bond yields weighed on market sentiment.The market is also h…