Azad Engineering (AZAD) Share Price Falls 5.27%: What Dragged Azad Engineering Today?
- October 8, 2026
- Posted by: Kunal Singla
- Category: News
Azad Engineering Share Price moved lower today, with Azad Engineering trading at Rs 2,884.95, down 5.27%, and carrying a market capitalisation of Rs 19,766.53 Cr. The move left the stock below its previous close of Rs 3,045.45 after opening at Rs 3,059.95 and touching an intraday high of Rs 3,059.95 before slipping to a low of Rs 2,882. Univest figures confirm the price action, but they do not point to a specific company trigger. For readers tracking Azad Engineering Share Price Today, the decline is relevant because the stock is a Mid Cap and still trades at a rich valuation versus its same-industry reference set. Azad Engineering Stock News therefore sits at the intersection of price action, valuation and sector comparison rather than any disclosed event.
The latest Univest figures show that Azad Engineering Share Price is moving inside a market that values the company at Rs 19,766.53 Cr, while the session’s range has already placed the stock close to its low. That combination makes Azad Engineering Share Price News useful for investors who want to separate a one-day decline from broader fundamental context.
Azad Engineering (AZAD) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 2,884.95 |
| Previous Close | Rs 3,045.45 |
| Today's Move | -Rs 160.50 (-5.27%) |
| Open | Rs 3,059.95 |
| High | Rs 3,059.95 |
| Low | Rs 2,882 |
| Market Capitalisation | Rs 19,766.53 crore |
| Market Cap Category | Mid Cap |
Azad Engineering Share Price Today reflects a clear intraday decline from Rs 3,045.45 to Rs 2,884.95, a fall of Rs 160.50 or 5.27%. The stock opened at Rs 3,059.95, which was also the day’s high, and then moved down to Rs 2,882 before trading at Rs 2,884.95. That leaves the stock much nearer the day’s low than the day’s high. In market-cap terms, Azad Engineering remains a Mid Cap with a market capitalisation of Rs 19,766.53 Cr. For Azad Engineering Share Price Live trackers, the key point is not just the percentage drop but the fact that the trade unfolded without any higher intraday recovery after the open. Azad Engineering Share Price therefore shows a session where the opening level held as the high, while the market moved steadily lower into the current trade. Azad Engineering Stock Falling Today is best understood through this simple sequence of price, range and market cap, before the deeper fundamental view is considered.
Azad Engineering Share Price also matters because the current quote sits only slightly above the session low, which keeps attention on how the stock behaves around Rs 2,882 to Rs 2,884.95 as of 08 October 2026 at 3:22:56 PM IST. That sets up the fundamental discussion.
Azad Engineering (AZAD) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 19,766.53 crore |
| P/E Ratio | 141.52x |
| P/B Ratio | 12.58x |
| ROE | 9.14% |
| ROCE | 12.04% |
| EPS | Rs 21.52 |
| Book Value Per Share | Rs 242.18 |
| Dividend Yield | 0% |
Azad Engineering (AZAD) fundamental metrics show P/E 141.52x, P/B 12.58x, ROE 9.14%, ROCE 12.04%. Taken on their own, these numbers offer context rather than a trading signal.
Azad Engineering has a market capitalisation of Rs 19,766.53 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 141.52x, P/B at 12.58x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 9.14% and ROCE of 12.04%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 21.52, book value per share of Rs 242.18, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 29.23x, median ROE of 13.59%, median ROCE of 15.87%. They set out the fundamental picture and are not a rating on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Engineering – Industrial Equipments |
| Benchmark Scope | same industry |
| Company P/E Ratio | 141.52x |
| Benchmark Median P/E | 29.23x |
| Benchmark Average P/E | 93.11x |
| Benchmark P/E Range | 0.68x to 6,212.15x |
| Company P/B Ratio | 12.58x |
| Benchmark Median P/B | 2.87x |
| Benchmark Average P/B | 9.89x |
| Company ROE | 9.14% |
| Benchmark Median ROE | 13.59% |
| Benchmark Average ROE | 20.1% |
| Company ROCE | 12.04% |
| Benchmark Median ROCE | 15.87% |
| Benchmark Average ROCE | 19.05% |
| Company Market Capitalisation | Rs 19,766.53 crore |
| Benchmark Median Market Cap | Rs 351.2 crore |
| Benchmark Average Market Cap | Rs 2,925.34 crore |
Azad Engineering (AZAD) operates in the Capital Goods sector, within the Engineering – Industrial Equipments industry.
Azad Engineering (AZAD) has a P/E ratio of 141.52x, which is above the benchmark median of 29.23x, a difference of +384.16%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Azad Engineering (AZAD) has a ROE of 9.14%, which is below the benchmark median of 13.59%, a difference of -32.74%. Azad Engineering (AZAD) has a ROCE of 12.04%, which is below the benchmark median of 15.87%, a difference of -24.13%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Bharat Heavy Electricals | BHEL | 1,57,215.16 | 64.26 | 5.9 | 6.29 | 9.24 |
| Thermax | THERMAX | 38,537.53 | 64.91 | 6.92 | 13.76 | 15.85 |
| Jyoti CNC Automation | JYOTICNC | 24,405.91 | 75.69 | 11.83 | 18.22 | 21.34 |
| Inox India | INOXINDIA | 18,890.96 | 74.23 | 16.23 | 26.11 | 33.54 |
| Triveni Turbine | TRITURBINE | 17,041.05 | 50.25 | 11.31 | 26.32 | 35.95 |
Azad Engineering (AZAD) has a P/E ratio of 141.52x compared with the displayed peer median of 64.91x. The comparison is relative and should not be read as a recommendation. Its ROE of 9.14% compares with a peer median of 18.22% across the companies shown in the table. ROCE stood at 12.04% versus the displayed peer median of 21.34%, providing a capital-efficiency comparison. Azad Engineering (AZAD) has a market capitalisation of Rs 19,766.53 crore. Among the 5 peers shown, 3 have a larger market capitalisation.
Why Investors Are Watching Azad Engineering
- Azad Engineering Share Price fell 5.27% today, with the stock trading near the session low.
- Azad Engineering Share Price remains a Mid Cap with a market capitalisation of Rs 19,766.53 Cr.
- Azad Engineering Fundamental Analysis shows a P/E of 141.52 and P/B of 12.58.
- ROE of 9.14% and ROCE of 12.04% are below the same-industry benchmark medians.
- Azad Engineering Stock News is being compared with capital goods peers that trade at lower earnings multiples.
About Azad Engineering
Azad Engineering operates in the Capital Goods sector and the Engineering – Industrial Equipments industry. The business sits within a segment that typically serves industrial equipment demand across manufacturing and infrastructure-linked use cases. Based on the available company profile, the stock is tracked primarily for its industrial positioning, its listed valuation and its peer set inside the engineering equipment space. Azad Engineering Share Price is therefore watched not only as a standalone market move, but also as part of a broader industrial valuation set. For readers following Azad Engineering Company News, the key context is that the business belongs to a sector where return ratios, book value and market-cap comparisons are often central to market interpretation.
Track Azad Engineering Share Price on Univest
Use Azad Engineering (AZAD) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Track Azad Engineering Share Price on Univest for live levels, valuation ratios, 52-week range context and market insights in one place. Univest also helps readers compare Azad Engineering Share Price Today with peers, sector benchmarks and key financial ratios. For Azad Engineering Stock News and Azad Engineering Share Price Update, the platform keeps the company view, fundamental analysis and market cap context together.
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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why did Azad Engineering Share Price fall today?
Ans. Azad Engineering Share Price fell 5.27% to Rs 2,884.95. According to Univest data, the price event is confirmed, but no company-specific catalyst is established, so the move should be read as a verified price decline only.
What is Azad Engineering Share Price today?
Ans. Azad Engineering Share Price today is Rs 2,884.95. The stock was below its previous close of Rs 3,045.45 and traded within a range between Rs 3,059.95 and Rs 2,882 during the latest session.
How much did Azad Engineering Share Price change in the session?
Ans. Azad Engineering Share Price changed by Rs 160.50, which equals a decline of 5.27%. The move took the stock from its previous close of Rs 3,045.45 to Rs 2,884.95 in the latest trade.
What is Azad Engineering market capitalisation?
Ans. Azad Engineering has a market capitalisation of Rs 19,766.53 Cr. It is classified as a Mid Cap, which places it well above the benchmark median market capitalisation in the same industry group.
What does Azad Engineering Fundamental Analysis show?
Ans. Azad Engineering Fundamental Analysis shows a P/E of 141.52, P/B of 12.58, ROE of 9.14%, ROCE of 12.04%, EPS of Rs 21.52 and book value of Rs 242.18. Dividend yield is 0.00%.
Is Azad Engineering Share Price expensive versus peers?
Ans. Azad Engineering Share Price looks expensive on earnings multiples versus the listed peer set, with a P/E of 141.52 against peers ranging from 50.25 to 75.69. Its P/B is also elevated versus most peers.
How does Azad Engineering compare with the same-industry benchmark?
Ans. Azad Engineering’s P/E and P/B are above the same-industry benchmark medians, while ROE and ROCE are below the benchmark medians. That makes the stock richer on valuation than on current return ratios.
What sector does Azad Engineering belong to?
Ans. Azad Engineering belongs to the Capital Goods sector and the Engineering – Industrial Equipments industry. That sector context is important because the stock is assessed alongside industrial equipment peers and benchmark valuation ranges.
Where can investors track Azad Engineering Share Price?
Ans. Investors can track Azad Engineering Share Price on Univest for live levels, key ratios, market capitalisation and peer comparison. The platform also groups price action with sector and company context for easier monitoring.