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
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Target Price
The average target price of AJAXENGG.BO is 764 and suggests 34.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation t