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14 Apr 2025 |
Azad Engineering
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Consensus Share Price Target
|
1337.25 |
2116.67 |
- |
58.29 |
buy
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23 May 2024
|
Azad Engineering
|
ICICI Securities Limited
|
1337.25
|
1750.00
|
1393.65
(-4.05%)
|
Target met |
Buy
|
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|
Azad Engineering’s (Azad) Q4FY24 performance was robust. Key points: 1) Gross margin was slightly down at 83% due to higher material consumption on account of product/revenue mix changes. 2) EBITDA margin was robust at 33.8% (within guidance).
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12 Apr 2024
|
Azad Engineering
|
KRChoksey
|
1337.25
|
|
1277.00
(4.72%)
|
|
Not Rated
|
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Azad Engineering is operating in a niche segment which revolves at the core of life critical and mission critical engineering capabilities. It produces key components used in the Aerospace, Defence, Oil & Gas and Industrial Work and supplies it to global OEMs.
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20 Dec 2023
|
Azad Engineering
|
HDFC Securities
|
1337.25
|
|
|
|
IPO Note
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Issue Snapshot:Issue Open: December 20 December 22, 2023Price Band: Rs. 499 524*Issue Size: Up to Rs 740 cr (Fresh Issue of Rs240 cr + Offer fo sale of Rs 500 cr includingemployee reservation of Rs 4 cr)Reservation for:QIB upto 50% eq shNon-Institutional atleast 15% eq sh((including 1/3rd for applications between Rs.2lakhs to Rs.10 lakhs))Retail atleast 35% eq shFace Value: Rs 2Book value: Rs 45.74 (September 30, 2023)Bid size: - 28 equity shares and in multiplesthereof100% Book built Issue IPO Note - Azad Engineering Limited
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19 Dec 2023
|
Azad Engineering
|
Hem Securities
|
1337.25
|
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IPO Subscribe
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19 Dec 2023
|
Azad Engineering
|
Ventura
|
1337.25
|
|
|
|
IPO Subscribe
|
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18 Dec 2023
|
Azad Engineering
|
SBI Securities
|
1337.25
|
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IPO Note
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