Risk factor
Poor trading liquidity
Profitability factor
Favourable analyst view
About
Ajax Engineering, operating both domestically within India and across global markets, specializes in the production and sale of construction machinery. Its primary offerings include self-loading concrete mixers, concrete batching plants, and various concrete pumps. The company's comprehensive product lineup further extends to transit mixers, stationary pumps, boom pumps, self-propelled boom pumps, slip-form pavers, dumpers, and planetary and twin shaft mixers. These robust machines are integral to a wide array of infrastructure sectors, such as irrigation, railways, power generation, bridge construction, building and factory projects, and urban development. The firm, founded in 1992, is headquartered in Bengaluru, India.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV
Target Price
The average target price of AJAXENGG.NS is 751 and suggests 30.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation t