Risk factor
Poor trading liquidity
Profitability factor
Very strong margins and returns
About
Ajax Engineering Limited manufactures and sells self-loading concrete mixers, concrete batching plants, and concrete pumps in India and internationally. The company also offers transit mixers, stationary pumps, boom pumps, self-propelled boom pumps, and slip-form paver, as well as dumpers, planetary mixers, and twin shaft mixers. Its products are used in irrigation, railways, power, bridges, buildings and factories, and urban infrastructure sectors. Ajax Engineering Limited was incorporated in 1992 and is headquartered in Bengaluru, India.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of AJAXENGG.NS is 788 and suggests 61% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to
Buy
Sell