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AJAXENGGAjax Engineering Limited

Infrastructure · Farm & Heavy Construction Machinery · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Ajax Engineering Limited manufactures and sells self-loading concrete mixers, concrete batching plants, and concrete pumps in India and internationally. The company also offers transit mixers, stationary concrete pumps, boom pumps, self-propelled boom pumps, 3D concrete printers, and slip-form pavers, as well as dumpers, planetary mixers, and twin shaft mixers. It serves roadways, waterways, irrigation, renewable energy, railways, residential/commercial, airports, and urban infrastructure sectors. Ajax Engineering Limited was incorporated in 1992 and is headquartered in Bengaluru, India.

590.60
0.19%
62Decent

Mkt Cap
₹6,741 Cr
P/E
30.2
P/B
4.9
Div Yield
0.00%
52W High
₹697.55
52W Low
₹394.80

Price & Volume

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Key Ratios

Market Cap (₹ cr)6,740.70
P/E30.19
P/B4.94
PEG5.85
ROE %16.20
ROCE %18.30
Debt / Equity0.00
EPS19.56
Revenue Growth %1.70
Profit Growth %5.20
Dividend Yield %0.00
Promoter Holding %80.00
FII Holding %10.10
DII Holding %
Beta1.11

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

HOLDConviction 68%

The picture

  • ROE: 16.2%
  • ROCE: 18.3%
  • Debt/Equity: 0.00
  • RSI: 57
  • MACD: bullish
  • Price vs EMA21: above
  • Pullback to 21-EMA signal (setup quality 64%)

Bull case

  • ROE: 16.2%
  • ROCE: 18.3%
  • Debt/Equity: 0.00
  • RSI: 57

Bear case

  • Revenue growth: 1.7% YoY
  • Profit growth: 5.2% YoY
  • Sector momentum: sector -2.7% (1m)
  • Max drawdown (1y): 41%

Key risks

  • Revenue growth: 1.7% YoY
  • Profit growth: 5.2% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹590.60
Stop Loss
₹543.82
risk 7.9%
Target 1 (1.5R)
₹660.77
+11.9%
Target 2 (3R)
₹730.93
+23.8%
Support (20d)
₹545.50
Resistance (52w)
₹697.55
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹46.78/share
ATR (volatility)
₹18.71
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹18.71). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental49
Technical74
Momentum67
Risk (safety)56

Peers — Infrastructure

UNIPARTS 0.40%
82
GAYAPROJ 4.96%
79
CEIGALL 0.48%
78
WABAG 2.99%
76
KPIL 0.26%
74
ENGINERSIN 1.14%
74