₹1329.85
0.29%
Low
Day's Volatility:2.30%
High
2.01%
51.69%
Low
52 Weeks Volatility:61.86%
High
10.16%
Returns % | |
1 Month Return | -0.68 % |
3 Month Return | 40.67 % |
1 Year Return | 96.29 % |
Market Stats | |
Previous Close | ₹1,357.50 |
Open | ₹1,348.00 |
Volume | 72.87K |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹7,861.14Cr |
based on 1 analysts
Based on 1 analysts offering long term price targets for Azad Engineering Ltd. An average target of ₹1600
Source: S&P Global Market Intelligence
Organisation | Azad Engineering Ltd |
Headquarters | |
Industry | Engineering |
E-voting on shares | Click here to vote |
Key events for Azad Engineering Ltd
Despite entering into a transformative collaboration with GE Vernova and signing a strategic supply agreement with Baker Hughes, Azad Engineering's shares slumped by 5%. The company has entered into a seven-year partnership with GE Vernova to supply high-complex rotating airfoils for the nuclear, industrial, and thermal power industries. Additionally, it signed two agreements with Baker Hughes for a period of five years.
Azad Engineering Signs Multiple Long-Term Contracts - 12 Mar, 2024
Azad Engineering has signed multiple long-term contracts with Baker Hughes for supplying medium-high complex precision machined components for oil field services. The company reported strong financial results in Q3 FY24, but its stock closed lower despite an initial surge.
ICICI Securities Maintains Buy Rating on Azad Engineering - 11 Mar, 2024
Azad Engineering has received an order from Baker Hughes for the supply of high-complex and critical components. The company's earnings are likely to see meaningful growth led by tailwinds from new contracts. ICICI Securities has raised the valuation multiple to 80x.
ICICI Securities Recommends 'Buy' Rating for Azad Engineering - 08 Mar, 2024
Azad Engineering has received a significant order from Baker Hughes, enabling the company to diversify its sector mix and potentially translate into adjacent revenue streams. ICICI Securities recommends a 'Buy' rating with a target price of Rs. 1600 based on better possibilities of achieving their FY26E EPS of INR 20.
Azad Engineering Signs Strategic Supplier Agreement with Nuovo Pignone Srl - 06 Mar, 2024
Azad Engineering has signed a long-term Strategic Supplier Agreement (SSA) with Nuovo Pignone Srl for the supply of components for the oil and gas sector. The agreement promises significant business value for five years for Azad Engineering.
Azad Engineering Shares Rise Over 170% - 04 Mar, 2024
Azad Engineering shares have surged over 170% since listing in December 2023, with a current market cap of ₹8,282 crore. The stock is trading at a PE multiple of 38.67.
Fundamentals of Azad Engineering Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
FII Holding Up
Foreign Institutions have increased holdings from 0.00% to 4.68% in Dec 2023 quarter
MF Holding Up
Mutual Funds have increased holdings from 0.00% to 4.91% in Dec 2023 quarter
Price Rise
In the last 3 months, AZAD stock has moved up by 98.2%
Retail Holding Up
Retail Investor have increased holdings from 0.00% to 23.71% in Dec 2023 quarter
Promoter Holding Down
Promoters have decreased holdings from 86.51% to 65.90% in Dec 2023 quarter
Azad Engineering Ltd in the last 5 years
Lowest (4.64x)
January 17, 2024
Industry (-49.12x)
April 30, 2024
Today (9.37x)
April 30, 2024
Highest (9.87x)
March 4, 2024
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 65.9% | 0.00 | |
Foreign Institutions | 6.98% | 0.00 | |
Mutual Funds | 4.31% | 0.00 | |
Retail Investors | 22.12% | 0.00 | |
Others | 0.69% | 0.00 |
Technicals of Azad Engineering Ltd share
News & Events of Azad Engineering Ltd
Azad Engineering Ltd (AZAD) share price today is ₹1329.85
Azad Engineering Ltd is listed on NSE
Azad Engineering Ltd is listed on BSE
PE Ratio of Azad Engineering Ltd is 9.37
PE ratio = Azad Engineering Ltd Market price per share / Azad Engineering Ltd Earnings per share
Today’s traded volume of Azad Engineering Ltd(AZAD) is 72.87K.
Today’s market capitalisation of Azad Engineering Ltd(AZAD) is ₹7861.14Cr.
Azad Engineering Ltd(AZAD | Price |
---|---|
52 Week High | ₹1465 |
52 Week Low | ₹642.4 |
Azad Engineering Ltd(AZAD) share price is ₹1329.85. It is down -9.23% from its 52 Week High price of ₹1465
Azad Engineering Ltd(AZAD) share price is ₹1329.85. It is up 107.01% from its 52 Week Low price of ₹642.4
Azad Engineering Ltd(AZAD | Returns |
---|---|
1 Day Returns | -27.65% |
1 Month Returns | -0.68% |
3 Month Returns | 40.67% |
1 Year Returns | 96.29% |