Risk factor
Very poor trading liquidity
Profitability factor
Favourable analyst view
About
Established in 1992 and headquartered in Bengaluru, India, Ajax Engineering Limited is a key player in the manufacturing and international distribution of construction machinery. The company primarily produces self-loading concrete mixers, concrete batching plants, and a variety of concrete pumps. Its comprehensive product line also extends to transit mixers, stationary and boom pumps (including self-propelled variants), slip-form pavers, dumpers, and both planetary and twin shaft mixers. These robust solutions are widely utilized across critical sectors such as irrigation, railway development, power projects, bridge construction, general building and factory endeavors, and urban infrastructure initiatives.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.
Target Price
The average target price of AJAXENGG.BO is 697 and suggests 24.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation t