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AJAXENGGAjax Engineering Limited

Infrastructure · Farm & Heavy Construction Machinery · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

593.85
0.14%
62Decent

Price & Volume

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Key Ratios

Market Cap (₹ cr)6,803.80
P/E30.40
P/B4.89
PEG6.91
ROE %17.66
ROCE %18.30
Debt / Equity0.00
EPS19.56
Revenue Growth %0.30
Profit Growth %4.40
Dividend Yield %0.00
Promoter Holding %80.00
FII Holding %10.24
DII Holding %
Beta1.10

“—” 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

Golden CrossLONG60%593.85512.05757.452.00
HOLDConviction 68%

The picture

  • ROE: 17.7%
  • ROCE: 18.3%
  • Debt/Equity: 0.00
  • RSI: 60
  • MACD: bullish
  • Price vs EMA21: above
  • Golden Cross signal (setup quality 60%)

Bull case

  • ROE: 17.7%
  • ROCE: 18.3%
  • Debt/Equity: 0.00
  • RSI: 60

Bear case

  • Revenue growth: 0.3% YoY
  • Profit growth: 4.4% YoY
  • Volume: 0.6x 20-day average
  • Sector momentum: sector -2.0% (1m)

Key risks

  • Revenue growth: 0.3% YoY
  • Profit growth: 4.4% YoY

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

Trade Plan

Entry (CMP)
₹593.85
Stop Loss
₹542.43
risk 8.7%
Target 1 (1.5R)
₹670.98
+13.0%
Target 2 (3R)
₹748.12
+26.0%
Support (20d)
₹512.05
Resistance (52w)
₹730.10
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹51.42/share
ATR (volatility)
₹20.57
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹20.57). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
49
Technical
74
Momentum
68
Risk (safety)
53

Peers — Infrastructure

UNIPARTS 2.29%
78
CEMPRO 0.74%
76
WELENT 0.12%
74
EUROPRATIK 0.18%
73
WABAG 6.32%
72
MANGLMCEM 0.65%
71

About

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.