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AJAXENGGAjax Engineering Limited

Infrastructure · Farm & Heavy Construction Machinery · NSE · as of 2026-10-26 (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.

₹529.00
▼ 3.98%
37Weak

Mkt Cap
₹6,052 Cr
P/E
27.0
P/B
4.4
Div Yield
0.00%
52W High
₹678.00
52W Low
₹394.80

Price & Volume

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Key Ratios

Market Cap (₹ cr)6,051.80
P/E27.04
P/B4.36
PEG5.26
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

None of the 16 pattern scanners currently detects a setup on AJAXENGG — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 66%

Why avoid

  • • Overall evidence is weak (AlgoScore 37/100)
  • • Revenue growth: 1.7% YoY
  • • Profit growth: 5.2% YoY
  • • RSI: 32
  • • MACD: bearish

Bull case

  • • ROE: 16.2%
  • • ROCE: 18.3%
  • • Debt/Equity: 0.00
  • • Golden cross setup: SMA50 above SMA200

Bear case

  • • Revenue growth: 1.7% YoY
  • • Profit growth: 5.2% YoY
  • • RSI: 32
  • • MACD: bearish

Key risks

  • • Momentum is fading versus the broader market
  • • Revenue growth: 1.7% YoY
  • • Profit growth: 5.2% YoY

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

Trade Plan

Entry (CMP)
₹529.00
Stop Loss
₹518.76
risk 1.9%
Target 1 (1.5R)
₹544.36
+2.9%
Target 2 (3R)
₹559.72
+5.8%
Support (20d)
₹524.00
Resistance (52w)
₹678.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹10.24/share
ATR (volatility)
₹19.22
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹19.22). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental49
Technical23
Momentum27
Risk (safety)61

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