Azad Engineering (AZAD) Share Price Falls 5.06% Today on Strong Valuation Gap

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.

Azad Engineering (AZAD) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 2,553.55
Previous Close	Rs 2,689.6
Today's Move	-Rs 136.05 (-5.06%)
Open	Rs 2,736
High	Rs 2,736
Low	Rs 2,535
Market Capitalisation	Rs 17,369.91 crore
Market Cap Category	Mid Cap

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’s high, and then moved down to Rs 2,535 before last trading higher than the low. That leaves the day’s 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.

Azad Engineering (AZAD) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 17,369.91 crore
P/E Ratio	124.98x
P/B Ratio	11.11x
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 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.

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.

Sector and Industry Context

Metric	Value
Sector	Capital Goods
Industry	Engineering – Industrial Equipments
Benchmark Scope	same industry
Company P/E Ratio	124.98x
Benchmark Median P/E	28.31x
Benchmark Average P/E	51.72x
Benchmark P/E Range	0.75x to 721.38x
Company P/B Ratio	11.11x
Benchmark Median P/B	2.96x
Benchmark Average P/B	8.93x
Company ROE	9.14%
Benchmark Median ROE	13.51%
Benchmark Average ROE	18.65%
Company ROCE	12.04%
Benchmark Median ROCE	15.96%
Benchmark Average ROCE	18.38%
Company Market Capitalisation	Rs 17,369.91 crore
Benchmark Median Market Cap	Rs 343.94 crore
Benchmark Average Market Cap	Rs 2,729.72 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 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.

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%.

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	1,48,858.21	51.71	5.56	6.29	9.24
Thermax	THERMAX	38,542.3	64.96	6.93	13.76	15.85
Jyoti CNC Automation	JYOTICNC	22,174.89	68.93	10.77	18.22	21.34
Inox India	INOXINDIA	18,210.4	71.46	15.62	26.11	33.54
Triveni Turbine	TRITURBINE	15,418.17	45.85	10.32	26.32	35.95

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.

Why Investors Are Watching Azad Engineering

• Azad Engineering Share Price fell 5.06% in the latest trade, keeping the move firmly in focus.
• The stock is a Mid Cap with market capitalisation of Rs 17,369.91 crore.
• Azad Engineering Share Price carries a P/E of 124.98, well above the industry median and average.
• P/B of 11.11 is also above the industry median, adding valuation interest to the move.
• ROE of 9.14% and ROCE of 12.04% sit below benchmark medians, which is relevant for Azad Engineering Share Price.

About Azad Engineering

Azad Engineering operates in the Capital Goods sector and the Engineering – 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’s 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.

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.

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’s 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.

Frequently Asked Questions

Why did Azad Engineering Share Price fall today?

Ans. 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.

What is Azad Engineering Share Price today?

Ans. 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.

How much did Azad Engineering Share Price change today?

Ans. 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.

What is the market capitalisation of Azad Engineering?

Ans. 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.

How does Azad Engineering Share Price compare with the industry?

Ans. 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.

What do ROE and ROCE show for Azad Engineering?

Ans. 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.

What is the EPS of Azad Engineering?

Ans. Azad Engineering’s 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.

Does Azad Engineering pay a dividend?

Ans. 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’s appeal rests on other financial and valuation factors.

Which peers are most useful for Azad Engineering Share Price comparison?

Ans. 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.