Azad Engineering (AZAD) Share Price Falls 5.05% Today: What the Data Shows
- September 16, 2026
- Posted by: Harsh Piplani
- Category: News
Azad Engineering Share Price fell to Rs 2,569 today, down 5.05% from the previous close, while the company’s market capitalisation stood at Rs 18,379.96 crore. The move places AZAD in focus for investors following same-day price action, but the supplied data does not identify a specific catalyst. What it does show is a Mid Cap stock with a clear gap between the opening level and the session close, plus a valuation profile that remains well above the broader industry median. Univest is tracking the move through verified market data and sector context.
For readers following the stock, the key point is straightforward: the session decline is confirmed, but no company-specific trigger is provided in the dataset. That makes price action, valuation and sector comparison the most relevant lenses for analysis. The stock also trades well above its book value, and it sits in an industry where peers show very different profitability and market-cap profiles. Univest keeps the discussion tied to facts that can be verified from the supplied data.
Azad Engineering (AZAD) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 2,569 |
| Previous Close | Rs 2,705.7 |
| Today's Move | -Rs 136.70 (-5.05%) |
| Open | Rs 2,716.35 |
| High | Rs 2,716.95 |
| Low | Rs 2,554.6 |
| Turnover | Rs 15.86 crore |
| Market Capitalisation | Rs 18,379.96 crore |
| Market Cap Category | Mid Cap |
The share price fell from Rs 2,705.70 to Rs 2,569, a decline of Rs 136.70 or 5.05%. The stock opened at Rs 2,716.35, touched an intraday high of Rs 2,716.95 and a low of Rs 2,554.60. That range shows a session that stayed below the open and ended closer to the lower end of the day’s band. Turnover stood at Rs 15.86 crore, exactly as reported. On a factual basis, the session was defined by a notable decline, not by a disclosed event. The next step is to read valuation and sector context.
Azad Engineering (AZAD) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 18,379.96 crore |
| P/E Ratio | 125.73x |
| P/B Ratio | 11.17x |
| ROE | 9.14% |
| ROCE | 12.04% |
| EPS | Rs 21.52 |
| Book Value Per Share | Rs 242.18 |
| Dividend Yield | 0% |
Azad Engineering Fundamental Analysis shows a company valued at Rs 18,379.96 crore with a P/E ratio of 125.73 and a P/B ratio of 11.17. Those multiples sit well above the industry benchmark discussed later, so the stock is priced at a premium to the broader industry group on the supplied data. EPS stands at Rs 21.52, while book value is Rs 242.18 per share. Dividend yield is 0, so no dividend contribution is indicated in the current record. ROE is 9.14% and ROCE is 12.04%, both important because they show how efficiently the company is using capital. For readers tracking the stock, the fundamentals point to a premium valuation structure with positive earnings and a defined equity base.
Azad Engineering Share Price Today also needs to be viewed through market-cap and per-share metrics. The high P/E means the market is paying many times earnings compared with several peers in the same industry bucket, while the P/B shows the stock trades at a multiple of book value. That does not explain the decline by itself, but it does explain why the stock attracts attention: valuation remains a central part of the conversation. Univest keeps the analysis anchored to verified numbers rather than speculation.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Engineering – Industrial Equipments |
| Benchmark Scope | same industry |
| Company P/E Ratio | 125.73x |
| Benchmark Median P/E | 29.18x |
| Benchmark Average P/E | 78.9x |
| Benchmark P/E Range | 0.49x to 4,492.66x |
| Company P/B Ratio | 11.17x |
| Benchmark Median P/B | 2.78x |
| Benchmark Average P/B | 10.26x |
| Company ROE | 9.14% |
| Benchmark Median ROE | 13.76% |
| Benchmark Average ROE | 20.22% |
| Company ROCE | 12.04% |
| Benchmark Median ROCE | 15.96% |
| Benchmark Average ROCE | 19.14% |
| Company Market Capitalisation | Rs 18,379.96 crore |
| Benchmark Median Market Cap | Rs 352.15 crore |
| Benchmark Average Market Cap | Rs 2,883.65 crore |
The company operates in Capital Goods and the Engineering – Industrial Equipments industry. The benchmark covers 163 companies in the same industry, which gives the comparison broad context. Against that group, Azad Engineering Share Price can be read alongside a P/E of 125.73 versus the industry median of 29.18 and average of 78.90. Its P/B of 11.17 is also above the industry median of 2.78 and slightly above the average of 10.26. On profitability, ROE of 9.14% is below the industry median of 13.76% and average of 20.22%, while ROCE of 12.04% is below the median of 15.96% and average of 19.14%. Market cap of Rs 18,379.96 crore is far above the benchmark median of Rs 352.15 crore and the average of Rs 2,883.65 crore.
This sector view matters because it places the decline inside a premium valuation backdrop. The stock is not a typical mid-sized name in this sample, and its valuation sits well above the median company in the universe. That does not explain the day’s move on its own, but it shows the context in which the stock is trading.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Bharat Heavy Electricals | BHEL | 1,49,937.65 | 59.26 | 5.44 | 6.29 | 9.24 |
| Thermax | THERMAX | 43,852.5 | 71.46 | 7.62 | 13.76 | 15.85 |
| Jyoti CNC Automation | JYOTICNC | 22,468.26 | 68.12 | 10.65 | 18.22 | 21.34 |
| Inox India | INOXINDIA | 20,418.91 | 71.17 | 15.56 | 26.11 | 33.54 |
| Triveni Turbine | TRITURBINE | 18,091.6 | 51.67 | 11.63 | 26.32 | 35.95 |
The stock also looks different when compared with listed peers in the same industry. Its market capitalisation is smaller than BHEL and Thermax, but larger than Triveni Turbine, Jyoti CNC and several other peers in the list. On valuation, Azad Engineering’s P/E of 125.73 is above BHEL at 59.26, Thermax at 71.46, Jyoti CNC at 68.12 and Triveni Turbine at 51.67. The same pattern appears on P/B, where it sits at 11.17, above BHEL’s 5.44 and Thermax’s 7.62, but below Inox India’s 15.56. Profitability is mixed: ROE of 9.14% and ROCE of 12.04% are above BHEL but below most of the other named peers.
That peer structure matters because it places the decline against a set of companies with lower, higher and similar market-cap bases. Univest’s peer lens shows that the market is assigning Azad Engineering a richer earnings multiple than several established capital-goods names, while profitability remains below many peer figures. This is a factual comparison, not a forecast, but it is useful context for readers.
Why Investors Are Watching Azad Engineering
- The stock fell 5.05% today to Rs 2,569, after closing the previous session at Rs 2,705.70.
- It opened at Rs 2,716.35, hit a high of Rs 2,716.95 and a low of Rs 2,554.60.
- Turnover was Rs 15.86 crore, which is the exact reported traded value for the day.
- Azad Engineering has a market capitalisation of Rs 18,379.96 crore and is classified as a Mid Cap stock.
- Azad Engineering Share Price sits on a P/E of 125.73, a P/B of 11.17, ROE of 9.14% and ROCE of 12.04%.
About Azad Engineering
Azad Engineering belongs to the Capital Goods sector and the Engineering – Industrial Equipments industry. That classification is the verified company context available in the supplied data. The record does not provide additional detail on products, segments or revenue mix, so the article stays focused on confirmed market data, financial ratios and comparative valuation rather than unsupported company detail.
Within the current dataset, the stock is therefore best understood through price action, market capitalisation and benchmark comparison. The company sits in one of the more active sub-groups inside Capital Goods, which makes peer and sector analysis especially relevant.
Track Azad Engineering Share Price on Univest
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Track Azad Engineering Share Price on Univest for live updates, stock news, company ratios, shareholding pattern, market cap, peer comparison and sector context. Univest also brings together useful fields such as historical price levels, valuation data and market insight pages for a single-stock view.
For readers tracking the stock, Univest can help keep it on watch with factual updates rather than assumptions. The platform is designed to present Azad Engineering Share Price Today alongside broader company metrics so you can review the move in context.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Azad Engineering Share Price fall today?
Ans. The supplied data confirms a 5.05% decline today, but it does not establish a company-specific catalyst. The move is best read through the verified price action, valuation and sector context.
What is Azad Engineering Share Price today?
Ans. Azad Engineering Share Price today is Rs 2,569. It moved down Rs 136.70 from the previous close of Rs 2,705.70, according to the supplied market data. The previous close was Rs 2,705.7.
What is Azad Engineering’s market capitalisation?
Ans. Azad Engineering’s market capitalisation is Rs 18,379.96 crore. The company is also classified as a Mid Cap stock in the supplied data. The company operates in the Capital Goods sector.
How is Azad Engineering valued versus its industry?
Ans. Azad Engineering trades at a P/E of 125.73 and a P/B of 11.17, both above the industry median of 29.18 and 2.78. That places the stock in a premium valuation setup.
What do Azad Engineering’s profitability ratios show?
Ans. Azad Engineering reports ROE of 9.14% and ROCE of 12.04%. Both are below the supplied industry median and average, while EPS is Rs 21.52 and book value is Rs 242.18 per share.