Univest
Univest
  • Markets

Azad Engineering (AZAD) Share Price Hits Fresh 52-Week High as Stock Trades at Rs 2,968.20

  • September 29, 2026
  • Posted by: Kunal Singla
  • Category: News
No Comments
Azad Engineering Share Price
Azad Engineering Ltd. (AZAD) share price reached a fresh 52-week high of Rs 2,997.65 today and later stood at Rs 2,968.2, up 8.88% from the previous close. Market cap was Rs 17,628.88 crore.

Azad Engineering Share Price is in focus after the stock touched a fresh 52-week high of Rs 2,997.65 and was trading at Rs 2,968.20, up 8.88% from the previous close, with market capitalisation at Rs 17,628.88 Cr. The move makes Azad Engineering Share Price a key stock market today tracker for investors following Capital Goods and Engineering – Industrial Equipments.The latest Univest figures show that the stock is now being watched for its valuation, revenue visibility and the gap between current market pricing and fundamental ratios. Azad Engineering Share Price also matters because the company sits in a segment where peer valuation and sector benchmarks are often compared closely. Univest continues to track Azad Engineering Share Price for readers looking at Azad Engineering Share Price Today and Azad Engineering Stock News in one place.

Table of Contents

Toggle
  • Azad Engineering Share Price Today: Price Action Analysis
  • Why Azad Engineering Ltd. (AZAD) May Be Moving Today
  • Azad Engineering Ltd. (AZAD) Fundamental Analysis
  • Sector and Industry Context
  • Peer Comparison
  • Why Investors Are Watching Azad Engineering Share Price
  • About Azad Engineering
  • Frequently Asked Questions
    • What is Azad Engineering Share Price today?
    • Did Azad Engineering Share Price hit a fresh 52-week high?
    • What is the previous close for Azad Engineering Share Price?
    • What are the key valuation ratios for Azad Engineering Share Price?
    • How do ROE and ROCE compare for Azad Engineering Share Price?
    • What is the market capitalisation of Azad Engineering Share Price?
    • What earnings and book value figures support Azad Engineering Share Price?
    • How does Azad Engineering Share Price compare with peers?
  • Track Azad Engineering Share Price on Univest

Azad Engineering Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 2,968.2
Previous Close Rs 2,726.15
Today's Move +Rs 242.05 (+8.88%)
Open Rs 2,779.05
High Rs 2,997.65
Low Rs 2,750.8
Market Capitalisation Rs 17,628.88 crore

Azad Engineering Ltd. (AZAD) traded at Rs 2,968.2 versus the previous close of Rs 2,726.15, a rise of 8.88%. The stock opened at Rs 2,779.05, reached a high of Rs 2,997.65 and touched a low of Rs 2,750.8.

Azad Engineering Share Price opened at Rs 2,779.05, moved between Rs 2,750.80 and Rs 2,997.65, and was last traded at Rs 2,968.20 as of 29 September 2026 at 12:22 PM IST. The stock is up Rs 242.05 from the previous close of Rs 2,726.15, which works out to 8.88%. The day’s high is also the fresh 52-week high, so Azad Engineering Share Price is trading near the top of its intraday range. That makes the current Azad Engineering Share Price a live reference point for anyone tracking Azad Engineering Share Price Today, Azad Engineering Stock Analysis and Azad Engineering Share Price Update during Stock Market Today. Turnover details were not used here; what matters from the price record is that the stock has already established a yearly high and is trading close to it. From here, the practical question shifts from price action to fundamentals and valuation, because Azad Engineering Share Price has moved into a range where company metrics matter more visibly.

Why Azad Engineering Ltd. (AZAD) May Be Moving Today

According to recent news reports, two developments may be linked with Azad Engineering Share Price today. First, Goldman Sachs reiterated a Buy view and set a target price of Rs 3,315 on 29 Sept at 09:00 am, citing new GE Vernova facilities, a move up the value chain and a strong order book. Second, on 28 Sept at 02:21 pm, the company opened two new lean manufacturing facilities in Hyderabad for GE Vernova’s Gas Power Business, taking the total dedicated facilities to three. These items are the only confirmed news catalysts in the record, and the market data itself does not establish a single cause.

Azad Engineering Ltd. (AZAD) Fundamental Analysis

Metric Value
Market Capitalisation Rs 17,628.88 crore
P/E Ratio 126.68x
P/B Ratio 11.26x
ROE 9.14%
ROCE 12.04%
EPS Rs 21.52
Book Value Per Share Rs 242.18
Dividend Yield 0%

Azad Engineering Ltd. (AZAD) fundamental metrics show P/E 126.68x, P/B 11.26x, ROE 9.14%, ROCE 12.04%. These figures provide context only and are not a buy or sell signal.

Azad Engineering Ltd. has a market capitalisation of Rs 17,628.88 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 126.68x, P/B at 11.26x 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 28.29x, median ROE of 13.59%, median ROCE of 16.06%. Taken together, they outline the fundamentals rather than a view on the stock.

Sector and Industry Context

Metric Value
Sector Capital Goods
Industry Engineering – Industrial Equipments
Benchmark Scope same industry
Company P/E Ratio 126.68x
Benchmark Median P/E 28.29x
Benchmark Average P/E 90.18x
Benchmark P/E Range 0.65x to 5,935.38x
Company P/B Ratio 11.26x
Benchmark Median P/B 2.74x
Company ROE 9.14%
Benchmark Median ROE 13.59%
Company ROCE 12.04%
Benchmark Median ROCE 16.06%
Company Market Capitalisation Rs 17,628.88 crore
Benchmark Median Market Cap Rs 369.36 crore

Azad Engineering Ltd. (AZAD) operates in the Capital Goods sector, within the Engineering – Industrial Equipments industry.

Azad Engineering Ltd. (AZAD) has a P/E ratio of 126.68x, which is above the benchmark median of 28.29x, a difference of +347.79%. On its own, the P/E gap is a valuation reference point, not a trading call.

Azad Engineering Ltd. (AZAD) has a ROE of 9.14%, which is below the benchmark median of 13.59%, a difference of -32.74%. Azad Engineering Ltd. (AZAD) has a ROCE of 12.04%, which is below the benchmark median of 16.06%, a difference of -25.03%.

Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.

Peer Comparison

Company Symbol Market Cap (Cr) P/E P/B ROE (%) ROCE (%)
Triveni Turbine Ltd. TRITURBINE 17,622.81 52.08 11.73 26.32 35.95
Inox India Ltd. INOXINDIA 19,598.34 73.14 15.99 26.11 33.54
Tega Industries Ltd. TEGA 15,703.94 716.64 4.59 5.94 8.37
Lloyds Engineering Works Ltd. LLOYDSENGG 15,277.73 66.51 8.63 13.59 17.99
Jyoti CNC Automation Ltd. JYOTICNC 24,236.48 73.9 11.55 18.22 21.34

Azad Engineering Ltd. (AZAD) has a P/E ratio of 126.68x compared with the displayed peer median of 73.14x. This peer read is a relative benchmark rather than a trading signal. 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 Ltd. (AZAD) has a market capitalisation of Rs 17,628.88 crore. Among the 5 peers shown, 2 have a larger market capitalisation.

Why Investors Are Watching Azad Engineering Share Price

  • Azad Engineering Share Price touched a fresh 52-week high of Rs 2,997.65 and was trading at Rs 2,968.20.
  • Azad Engineering Share Price was up Rs 242.05, or 8.88%, from the previous close of Rs 2,726.15.
  • Azad Engineering Share Price carries a P/E ratio of 126.68 and a P/B ratio of 11.26.
  • Azad Engineering Share Price shows ROE of 9.14% and ROCE of 12.04% against industry medians of 13.59% and 16.06%.
  • Azad Engineering Share Price has a market capitalisation of Rs 17,628.88 Cr and Jun 2026 revenue of Rs 172.6 Cr.

About Azad Engineering

Azad Engineering Ltd. operates in the Capital Goods sector and the Engineering – Industrial Equipments industry. Azad Engineering Share Price is therefore tied to an industrial manufacturing profile rather than a consumer or financial business model. The company record used here includes revenue for Jun 2026 at Rs 172.6 Cr, market capitalisation, valuation ratios, ROE, ROCE, EPS and book value. For readers following Azad Engineering Share Price, this company profile provides the basic business context needed to interpret the stock’s movement and valuation alongside sector and peer comparisons.

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

What is Azad Engineering Share Price today?

Ans. Azad Engineering Share Price was Rs 2,968.20 at 12:22 PM IST on 29 September 2026. It was up 8.88% from the previous close and had already touched Rs 2,997.65 during the day.

Did Azad Engineering Share Price hit a fresh 52-week high?

Ans. Yes. Azad Engineering Share Price touched a fresh 52-week high of Rs 2,997.65. The stock was then trading at Rs 2,968.20, keeping the one-year high in active focus for readers.

What is the previous close for Azad Engineering Share Price?

Ans. The previous close for Azad Engineering Share Price was Rs 2,726.15. The current price of Rs 2,968.20 shows a rise of Rs 242.05, which equals 8.88% from that level.

What are the key valuation ratios for Azad Engineering Share Price?

Ans. Azad Engineering Share Price has a P/E ratio of 126.68 and a P/B ratio of 11.26. These ratios are much higher than the industry median P/E of 28.29 and P/B of 2.74.

How do ROE and ROCE compare for Azad Engineering Share Price?

Ans. Azad Engineering Share Price shows ROE of 9.14% and ROCE of 12.04%. Both are below the industry medians of 13.59% and 16.06%, which is useful for stock analysis.

What is the market capitalisation of Azad Engineering Share Price?

Ans. Azad Engineering Share Price corresponds to a market capitalisation of Rs 17,628.88 Cr. That places it well above the sector median market cap of Rs 369.36 Cr in the same industry benchmark.

What earnings and book value figures support Azad Engineering Share Price?

Ans. Azad Engineering Share Price is backed by EPS of Rs 21.52 and book value of Rs 242.18 per share. Dividend yield is 0, so the stock’s current profile is centered on valuation and earnings.

How does Azad Engineering Share Price compare with peers?

Ans. Azad Engineering Share Price has a market cap close to Triveni Turbine and a P/E above every peer listed here. Its ROE and ROCE are below several peers, so the valuation remains richer than the return profile.

Track Azad Engineering Share Price on Univest

Use Azad Engineering Ltd. (AZAD) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.

Readers can track Azad Engineering Share Price on Univest for live price updates, fundamental ratios, 52-week levels, market capitalisation and comparison screens. Azad Engineering Share Price Today, Azad Engineering Stock Analysis and Azad Engineering Fundamental Analysis are all easier to follow when key price and valuation data sit in one place.



Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

Leave a Reply Cancel reply