{"id":295571,"date":"2026-10-08T15:30:33","date_gmt":"2026-10-08T10:00:33","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=295571"},"modified":"2026-10-21T12:06:24","modified_gmt":"2026-10-21T06:36:24","slug":"why-azad-engineering-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/","title":{"rendered":"Azad Engineering (AZAD) Share Price Falls 5.06% Today on Strong Valuation Gap"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/azad\/azad-engineering-ltd-share-price-today\">Azad Engineering (AZAD)<\/a> share price fell to Rs 2,553.55 today, down 5.06% from the previous close. Market cap was Rs 17,369.91 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">Azad Engineering Share Price was under pressure in the latest trade, slipping 5.06% to Rs 2,553.55 as of 21 October 2026 at 11:53:17 AM IST. The move left the company with a market capitalisation of Rs 17,369.91 crore, keeping Azad Engineering Share Price in clear focus for investors following the stock. The price move is confirmed in Univest data; a company-specific reason has not been established. The session matters because the decline came after an open of Rs 2,736 and a high of Rs 2,736, before the stock touched a low of Rs 2,535. In the absence of a verified event trigger, the latest Azad Engineering Share Price action is best read through price behaviour, valuation and sector comparison.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#Azad_Engineering_AZAD_Share_Price_Today_Price_Action_Analysis\" title=\"Azad Engineering (AZAD) Share Price Today: Price Action Analysis\">Azad Engineering (AZAD) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#Azad_Engineering_AZAD_Fundamental_Analysis\" title=\"Azad Engineering (AZAD) Fundamental Analysis\">Azad Engineering (AZAD) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#Why_Investors_Are_Watching_Azad_Engineering\" title=\"Why Investors Are Watching Azad Engineering\">Why Investors Are Watching Azad Engineering<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#About_Azad_Engineering\" title=\"About Azad Engineering\">About Azad Engineering<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#Track_Azad_Engineering_Share_Price_on_Univest\" title=\"Track Azad Engineering Share Price on Univest\">Track Azad Engineering Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#Why_did_Azad_Engineering_Share_Price_fall_today\" title=\"Why did Azad Engineering Share Price fall today?\">Why did Azad Engineering Share Price fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#What_is_Azad_Engineering_Share_Price_today\" title=\"What is Azad Engineering Share Price today?\">What is Azad Engineering Share Price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#How_much_did_Azad_Engineering_Share_Price_change_today\" title=\"How much did Azad Engineering Share Price change today?\">How much did Azad Engineering Share Price change today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#What_is_the_market_capitalisation_of_Azad_Engineering\" title=\"What is the market capitalisation of Azad Engineering?\">What is the market capitalisation of Azad Engineering?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#How_does_Azad_Engineering_Share_Price_compare_with_the_industry\" title=\"How does Azad Engineering Share Price compare with the industry?\">How does Azad Engineering Share Price compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#What_do_ROE_and_ROCE_show_for_Azad_Engineering\" title=\"What do ROE and ROCE show for Azad Engineering?\">What do ROE and ROCE show for Azad Engineering?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#What_is_the_EPS_of_Azad_Engineering\" title=\"What is the EPS of Azad Engineering?\">What is the EPS of Azad Engineering?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#Does_Azad_Engineering_pay_a_dividend\" title=\"Does Azad Engineering pay a dividend?\">Does Azad Engineering pay a dividend?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/why-azad-engineering-share-price-fall-today-2026\/#Which_peers_are_most_useful_for_Azad_Engineering_Share_Price_comparison\" title=\"Which peers are most useful for Azad Engineering Share Price comparison?\">Which peers are most useful for Azad Engineering Share Price comparison?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Azad_Engineering_AZAD_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Azad Engineering (AZAD) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2,553.55<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2,689.6<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 136.05 (-5.06%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2,736<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2,736<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2,535<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 17,369.91 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Mid Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Azad Engineering Share Price today shows a clear intraday move from the previous close of Rs 2,689.60 to Rs 2,553.55, a fall of Rs 136.05. The stock opened at Rs 2,736, stayed at that level as the day\u2019s high, and then moved down to Rs 2,535 before last trading higher than the low. That leaves the day\u2019s range wide enough to show a meaningful reset in Azad Engineering Share Price, even without any confirmed news trigger. The company is a Mid Cap with market capitalisation of Rs 17,369.91 crore, so the move is taking place in a stock that already carries a meaningful valuation footprint. For readers tracking Azad Engineering Share Price Today, the key fact is straightforward: the stock weakened during trade and was still lower by 5.06% as of 21 October 2026 at 11:53:17 AM IST. The next question is whether the financial profile supports or challenges that pricing.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Azad_Engineering_AZAD_Fundamental_Analysis\"><\/span><strong>Azad Engineering (AZAD) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 17,369.91 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">124.98x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.11x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.14%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.04%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 21.52<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 242.18<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Azad Engineering (AZAD) fundamental metrics show P\/E 124.98x, P\/B 11.11x, ROE 9.14%, ROCE 12.04%. These ratios show where the company stands today and are not a call to buy or sell.<\/p>\n<p>Azad Engineering has a market capitalisation of Rs 17,369.91 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 124.98x, P\/B at 11.11x 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 28.31x, median ROE of 13.51%, median ROCE of 15.96%. Together they describe the fundamental backdrop without implying a buy or sell view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Capital Goods<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Engineering &#8211; Industrial Equipments<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">124.98x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">28.31x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">51.72x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.75x to 721.38x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.11x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.96x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.93x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.14%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.51%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">18.65%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.04%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.96%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">18.38%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 17,369.91 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 343.94 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2,729.72 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Azad Engineering (AZAD) operates in the Capital Goods sector, within the Engineering &#8211; Industrial Equipments industry.<\/p>\n<p>Azad Engineering (AZAD) has a P\/E ratio of 124.98x, which is above the benchmark median of 28.31x, a difference of +341.47%. A P\/E difference of this kind is a reference point rather than a recommendation.<\/p>\n<p>Azad Engineering (AZAD) has a ROE of 9.14%, which is below the benchmark median of 13.51%, a difference of -32.35%. Azad Engineering (AZAD) has a ROCE of 12.04%, which is below the benchmark median of 15.96%, a difference of -24.56%.<\/p>\n<p>Track stocks among today&#39;s decliners through the <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/bhel\/bharat-heavy-electricals-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Bharat Heavy Electricals<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">BHEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,48,858.21<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">51.71<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.56<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.24<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/thermax\/thermax-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Thermax<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">THERMAX<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">38,542.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">64.96<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.93<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">13.76<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.85<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jyoticnc\/jyoti-cnc-automation-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Jyoti CNC Automation<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JYOTICNC<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">22,174.89<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">68.93<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.77<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18.22<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.34<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/inoxindia\/inox-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Inox India<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">INOXINDIA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18,210.4<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">71.46<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.62<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">26.11<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">33.54<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/triturbine\/triveni-turbine-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Triveni Turbine<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">TRITURBINE<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15,418.17<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">45.85<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.32<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">26.32<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">35.95<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Azad Engineering (AZAD) has a P\/E ratio of 124.98x compared with the displayed peer median of 64.96x. This is a relative valuation comparison, not a buy or sell 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 (AZAD) has a market capitalisation of Rs 17,369.91 crore. Among the 5 peers shown, 4 have a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Azad_Engineering\"><\/span><strong>Why Investors Are Watching Azad Engineering<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Azad Engineering Share Price fell 5.06% in the latest trade, keeping the move firmly in focus.<\/li>\n<li>The stock is a Mid Cap with market capitalisation of Rs 17,369.91 crore.<\/li>\n<li>Azad Engineering Share Price carries a P\/E of 124.98, well above the industry median and average.<\/li>\n<li>P\/B of 11.11 is also above the industry median, adding valuation interest to the move.<\/li>\n<li>ROE of 9.14% and ROCE of 12.04% sit below benchmark medians, which is relevant for Azad Engineering Share Price.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Azad_Engineering\"><\/span><strong>About Azad Engineering<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Azad Engineering operates in the Capital Goods sector and the Engineering &#8211; Industrial Equipments industry. The company is positioned as a Mid Cap business with a market capitalisation of Rs 17,369.91 crore. Based on the verified figures here, the investment case around Azad Engineering Share Price rests more on valuation and return ratios than on a detailed operating breakdown. The company\u2019s share profile is therefore best understood through its place in industrial engineering and its market comparison with listed peers in the same industry universe. For readers tracking Azad Engineering Share Price, the company remains a meaningful industrial name within the broader engineering space.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Azad_Engineering_Share_Price_on_Univest\"><\/span><strong>Track Azad Engineering Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/azad\/azad-engineering-ltd-share-price-today\">Azad Engineering (AZAD) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top decliners and related market analysis.<\/p>\n<p>Investors tracking Azad Engineering Share Price on Univest can follow live price movement, market capitalisation, valuation ratios, peer comparison and sector context in one place. Univest also helps readers review the stock\u2019s 52-week levels, company fundamentals and industry benchmark positioning as part of a broader stock analysis workflow. For Azad Engineering Share Price, that combination is useful when the price action is active and the valuation gap remains wide.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Azad_Engineering_Share_Price_fall_today\"><\/span><strong>Why did Azad Engineering Share Price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Azad Engineering Share Price fell 5.06% to Rs 2,553.55 in trade. The price move is confirmed in Univest data; a company-specific reason has not been established. The stock also moved between Rs 2,736 and Rs 2,535 during the day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Azad_Engineering_Share_Price_today\"><\/span><strong>What is Azad Engineering Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Azad Engineering Share Price was Rs 2,553.55 as of 21 October 2026 at 11:53:17 AM IST. That was lower than the previous close of Rs 2,689.60 and reflected a decline of Rs 136.05 in the latest trade.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_did_Azad_Engineering_Share_Price_change_today\"><\/span><strong>How much did Azad Engineering Share Price change today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Azad Engineering Share Price declined by 5.06% today, or Rs 136.05. The stock opened at Rs 2,736, touched a high of Rs 2,736 and a low of Rs 2,535, which shows a clear intraday range.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_Azad_Engineering\"><\/span><strong>What is the market capitalisation of Azad Engineering?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Azad Engineering has a market capitalisation of Rs 17,369.91 crore. Univest classifies the company as a Mid Cap, which gives useful size context for Azad Engineering Share Price and its place within the engineering industry.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Azad_Engineering_Share_Price_compare_with_the_industry\"><\/span><strong>How does Azad Engineering Share Price compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Azad Engineering Share Price carries a P\/E of 124.98, compared with the same-industry median of 28.31 and average of 51.72. Its P\/B of 11.11 is also above the industry median of 2.96 and average of 8.93.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_ROE_and_ROCE_show_for_Azad_Engineering\"><\/span><strong>What do ROE and ROCE show for Azad Engineering?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Azad Engineering reports ROE of 9.14% and ROCE of 12.04. Both sit below the industry medians of 13.51 and 15.96, which is important context when reading Azad Engineering Share Price alongside valuation multiples.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_EPS_of_Azad_Engineering\"><\/span><strong>What is the EPS of Azad Engineering?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Azad Engineering\u2019s EPS is Rs 21.52 and book value per share is Rs 242.18. These numbers help frame Azad Engineering Share Price by showing earnings attributable to each share and the accounting value behind each share.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_Azad_Engineering_pay_a_dividend\"><\/span><strong>Does Azad Engineering pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The dividend yield shown for Azad Engineering is 0. For Azad Engineering Share Price, that means there is no payout yield visible in the figures provided, so the stock\u2019s appeal rests on other financial and valuation factors.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_peers_are_most_useful_for_Azad_Engineering_Share_Price_comparison\"><\/span><strong>Which peers are most useful for Azad Engineering Share Price comparison?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Useful peers in the same industry set include BHEL, Thermax, Jyoti CNC Automation and Inox India. Their P\/E, P\/B, ROE and ROCE figures help place Azad Engineering Share Price in a live sector context.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why did Azad Engineering Share Price fall today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Azad Engineering Share Price fell 5.06% to Rs 2,553.55 in trade. The price move is confirmed in Univest data; a company-specific reason has not been established. The stock also moved between Rs 2,736 and Rs 2,535 during the day.\"}},{\"@type\":\"Question\",\"name\":\"What is Azad Engineering Share Price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Azad Engineering Share Price was Rs 2,553.55 as of 21 October 2026 at 11:53:17 AM IST. That was lower than the previous close of Rs 2,689.60 and reflected a decline of Rs 136.05 in the latest trade.\"}},{\"@type\":\"Question\",\"name\":\"How much did Azad Engineering Share Price change today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Azad Engineering Share Price declined by 5.06% today, or Rs 136.05. The stock opened at Rs 2,736, touched a high of Rs 2,736 and a low of Rs 2,535, which shows a clear intraday range.\"}},{\"@type\":\"Question\",\"name\":\"What is the market capitalisation of Azad Engineering?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Azad Engineering has a market capitalisation of Rs 17,369.91 crore. Univest classifies the company as a Mid Cap, which gives useful size context for Azad Engineering Share Price and its place within the engineering industry.\"}},{\"@type\":\"Question\",\"name\":\"How does Azad Engineering Share Price compare with the industry?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Azad Engineering Share Price carries a P\/E of 124.98, compared with the same-industry median of 28.31 and average of 51.72. Its P\/B of 11.11 is also above the industry median of 2.96 and average of 8.93.\"}},{\"@type\":\"Question\",\"name\":\"What do ROE and ROCE show for Azad Engineering?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Azad Engineering reports ROE of 9.14% and ROCE of 12.04. Both sit below the industry medians of 13.51 and 15.96, which is important context when reading Azad Engineering Share Price alongside valuation multiples.\"}},{\"@type\":\"Question\",\"name\":\"What is the EPS of Azad Engineering?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Azad Engineering\u2019s EPS is Rs 21.52 and book value per share is Rs 242.18. These numbers help frame Azad Engineering Share Price by showing earnings attributable to each share and the accounting value behind each share.\"}},{\"@type\":\"Question\",\"name\":\"Does Azad Engineering pay a dividend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The dividend yield shown for Azad Engineering is 0. For Azad Engineering Share Price, that means there is no payout yield visible in the figures provided, so the stock\u2019s appeal rests on other financial and valuation factors.\"}},{\"@type\":\"Question\",\"name\":\"Which peers are most useful for Azad Engineering Share Price comparison?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Useful peers in the same industry set include BHEL, Thermax, Jyoti CNC Automation and Inox India. Their P\/E, P\/B, ROE and ROCE figures help place Azad Engineering Share Price in a live sector context.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Azad Engineering Share Price fell 5.06% to Rs 2,553.55 today. Market cap stands at Rs 17,369.91 crore.<\/p>\n","protected":false},"author":35,"featured_media":319643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-295571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["319643"],"rank_math_title":["Azad Engineering Share Price Today: Fall, Valuation View"],"rank_math_description":["Azad Engineering Share Price fell 5.06% today to Rs 2,553.55. Read the price action, valuation ratios, sector benchmark and peer comparison."],"rank_math_focus_keyword":["Azad Engineering Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/Azad_Engineering_AZAD_Share_Price_Falls_506_Today_on_Strong_Valuation_Gap_bearish.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/295571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=295571"}],"version-history":[{"count":2,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/295571\/revisions"}],"predecessor-version":[{"id":319645,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/295571\/revisions\/319645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/319643"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=295571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=295571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=295571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}