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03 Nov 2025
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Azad Engineering
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ICICI Direct
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1607.90
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1900.00
|
1656.00
(-2.90%)
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18.17 |
Buy
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Capacity addition, new order wins to fuel growth About the stock: Azad Engineering (AEL) is one of the key manufacturers of qualified product lines supplying to global original equipment manufacturers (OEMs) in the energy, aerospace & defence and oil & gas industries, manufacturing highly...
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23 May 2024
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Azad Engineering
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ICICI Securities Limited
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1607.90
|
1750.00
|
1393.65
(15.37%)
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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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20 Dec 2023
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Azad Engineering
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HDFC Securities
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1607.90
|
|
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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
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Azad Engineering
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Hem Securities
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1607.90
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IPO Subscribe
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19 Dec 2023
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Azad Engineering
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Ventura
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1607.90
|
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IPO Subscribe
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18 Dec 2023
|
Azad Engineering
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SBI Securities
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1607.90
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IPO Note
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