910.9500 1.65 (0.18%)
NSE Aug 28, 2025 15:31 PM
Volume: 6,396
 

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Ador Welding Ltd.
19 Aug 2025
910.95
0.18%
IDBI Capital
Ador Welding (AWL) reported poor financial performance in Q1FY26 primarily impacted by write offs pertaining to the ONGC Uran Flares Project. Although the Rs 279 mn of provision related to the ONGC project is a significant negative, we expect this to factor in the major operating loss for the said project in FY26. We fine tune our estimates downwards to factor in the same.FY27 should see the start of improved profitability reflecting only core business performance without any impact of the project business. Valuations at 14xFY27 expected earnings are attractive and we believe the company is gearing up to tap the...
IDBI Capital decreased Buy price target of Ador Welding Ltd. to 1151.0 on 19 Aug, 2025.
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