1026.6000 -6.70 (-0.65%)
NSE Jun 12, 2025 15:31 PM
Volume: 10,825
 

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Ador Welding Ltd.
01 Jun 2021
1026.60
-0.65%
ICICI Securities Limited
AWL reported a consistent performance in the consumables segment while equipment business rebounded with a margin improvement and projects business registered positive EBIT indicating a better performance, going ahead. Debt, working capital position improved further. We believe better sales volumes in consumables, rebound in equipment sales and projects business turnaround would drive growth and profitability in coming years. We value AWL on 16x FY23E EPS and arrive at a revised target price of...
Ador Welding Ltd. is trading above its 150 day SMA of 1009.9
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