Azad Engineering (AZAD) Share Price Rises 5.06% as Stock Trades at Rs 2,864
- September 29, 2026
- Posted by: Kunal Singla
- Category: News
Azad Engineering Share Price is trading at Rs 2,864 after a 5.06% rise, with market capitalisation at Rs 17,628.88 Cr as of 29 September 2026 at 11:07:59 AM IST. The move takes Azad Engineering Share Price into the day’s top gainer discussion in the Capital Goods space, even though a company-specific catalyst is not established by the price move alone. For investors tracking Azad Engineering Share Price Today, the key point is that the stock is moving inside a wide intraday band while the business continues to command a rich valuation in the engineering equipment space. Univest data also shows that the latest figures are best read alongside earnings quality, return ratios and sector comparisons rather than price alone.
Azad Engineering Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 2,864 |
| Previous Close | Rs 2,726.15 |
| Today's Move | Rs 137.85 (+5.06%) |
| Open | Rs 2,779.05 |
| High | Rs 2,918.95 |
| Low | Rs 2,750.8 |
| Market Capitalisation | Rs 17,628.88 crore |
| Market Cap Category | Mid Cap |
Azad Engineering Ltd. (AZAD) rose to Rs 2,864 from the previous close of Rs 2,726.15, a move of Rs 137.85 or 5.06%. The stock opened at Rs 2,779.05, reached a high of Rs 2,918.95, recorded a low of Rs 2,750.8.
Azad Engineering Share Price is higher by Rs 137.85 versus the previous close, with the stock last traded at Rs 2,864 after opening at Rs 2,779.05. Azad Engineering Share Price Today also moved between Rs 2,750.8 and Rs 2,918.95, showing a firm intraday advance. The move in Azad Engineering Share Price is straightforward price action: a higher day open, a stronger day high and a current trade well above the previous close. According to latest Univest figures, the gain is sizeable enough to place Azad Engineering Share Price among the notable rising names in Indian Stock Market trade today. For readers following Azad Engineering Share Price Live, the next lens is not the move itself but the financial context behind it.
Why Azad Engineering Ltd. (AZAD) May Be Moving Today
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 and falls in the Mid Cap category, 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 28.39x, median ROE of 13.59%, median ROCE of 15.96%. 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 | 28.39x |
| Benchmark Average P/E | 90.44x |
| Benchmark P/E Range | 0.65x to 5,935.38x |
| Company P/B Ratio | 11.26x |
| Benchmark Median P/B | 2.75x |
| Company ROE | 9.14% |
| Benchmark Median ROE | 13.59% |
| Company ROCE | 12.04% |
| Benchmark Median ROCE | 15.96% |
| Company Market Capitalisation | Rs 17,628.88 crore |
| Benchmark Median Market Cap | Rs 374.9 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 28.39x, a difference of +346.21%. 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 15.96%, a difference of -24.56%.
Track stocks leading today through the Univest top gainers 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 Ltd. | BHEL | 1,45,968.1 | 58.98 | 5.41 | 6.29 | 9.24 |
| Thermax Ltd. | THERMAX | 41,097.01 | 68 | 7.25 | 13.76 | 15.85 |
| Jyoti CNC Automation Ltd. | JYOTICNC | 24,236.48 | 73.9 | 11.55 | 18.22 | 21.34 |
| Inox India Ltd. | INOXINDIA | 19,598.34 | 73.14 | 15.99 | 26.11 | 33.54 |
| Triveni Turbine Ltd. | TRITURBINE | 17,622.81 | 52.08 | 11.73 | 26.32 | 35.95 |
Azad Engineering Ltd. (AZAD) has a P/E ratio of 126.68x compared with the displayed peer median of 68x. 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, 4 have a larger market capitalisation.
Why Investors Are Watching Azad Engineering Share Price
- Azad Engineering Share Price is up 5.06% today and is trading well above the previous close.
- Azad Engineering Share Price remains tied to a high P/E and P/B, which keeps valuation in focus.
- Azad Engineering Share Price sits in the Capital Goods sector, where benchmark comparisons matter.
- Azad Engineering Share Price has revenue visibility themes reflected in recent company developments.
- Azad Engineering Share Price is near peer market-cap territory while trailing several peers on return ratios.
About Azad Engineering
Azad Engineering Ltd. operates in the Capital Goods sector and the Engineering – Industrial Equipments industry. The business is associated with precision manufacturing and industrial equipment solutions, with its latest company updates pointing to dedicated facilities for GE Vernova’s Gas Power Business in Hyderabad. This matters because the company’s market position is increasingly linked with higher-value manufacturing and long-term industrial supply relationships. For readers tracking Azad Engineering Share Price, the company’s scale is now reflected in a market capitalisation above Rs 17,000 Cr, which places it well above the industry median. Azad Engineering Share Price also reflects a business that is being assessed not only on today’s move, but on the quality of its industrial execution, capital efficiency and revenue visibility. Univest data shows the stock is positioned as an important name within the engineering equipment universe.
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 is Rs 2,864, up 5.06% today. The stock is trading above the previous close of Rs 2,726.15 and remains active in Capital Goods trade.
Why is Azad Engineering Share Price rising today?
Ans. Azad Engineering Share Price is higher today, and recent reports point to a Goldman Sachs Buy view plus new GE Vernova facilities in Hyderabad. The price move itself does not prove one single cause.
What is the market capitalisation of Azad Engineering?
Ans. Azad Engineering Share Price is supported by a market capitalisation of Rs 17,628.88 Cr. That places the company well above the industry median within Engineering – Industrial Equipments.
How is Azad Engineering valued on P/E and P/B?
Ans. Azad Engineering Share Price trades at a P/E of 126.68 and a P/B of 11.26. Both are above the industry median, indicating a premium valuation profile versus the broader benchmark.
What do ROE and ROCE show for Azad Engineering?
Ans. Azad Engineering Share Price comes with ROE of 9.14% and ROCE of 12.04%. These returns trail the industry median, so profitability efficiency is an important part of the stock analysis.
What is EPS and book value for Azad Engineering?
Ans. Azad Engineering Share Price is accompanied by EPS of Rs 21.52 and book value of Rs 242.18 per share. EPS reflects earnings per share, while book value shows accounting net worth per share.
Does Azad Engineering pay a dividend?
Ans. Azad Engineering Share Price currently has a dividend yield of 0. That means the stock is not offering a yield-based return metric in the latest Univest figures.
How does Azad Engineering compare with peers?
Ans. Azad Engineering Share Price sits near Triveni Turbine in market capitalisation, but its P/E is higher than BHEL, Thermax and Triveni Turbine. Its ROE and ROCE also trail several listed peers.
Track Azad Engineering Share Price on Univest
Use Azad Engineering Ltd. (AZAD) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Investors can track Azad Engineering Share Price on Univest for live price updates, fundamental ratios, 52-week levels and market insights in one place. Azad Engineering Share Price Today can be followed alongside key valuation metrics, sector context and peer comparison, helping readers connect daily price action with the broader stock analysis framework.
