SSelectStock

BAJAJINDEFIndef Manufacturing Limited

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

Indef Manufacturing Limited provides material handling solutions in India. It also manufactures, sells, distributes and markets mechanical hoists, ergonomic handling solutions, overhead crane, EOT crane, electric chain hoists and wire rope hoists, stackers, and storage and retrieval solutions. The company serves the oil and gas, engineering, auto and auto ancillary, cement, metals, and other industries. Indef Manufacturing Limited was incorporated in 2022 and is headquartered in Navi Mumbai, India.

228.57
3.41%
36Weak

Mkt Cap
₹731 Cr
P/E
31.1
P/B
2.7
Div Yield
0.89%
52W High
₹442.60
52W Low
₹207.25

Price & Volume

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Key Ratios

Market Cap (₹ cr)730.90
P/E31.10
P/B2.70
PEG
ROE %8.80
ROCE %6.20
Debt / Equity0.02
EPS7.35
Revenue Growth %-13.20
Profit Growth %-2.80
Dividend Yield %0.89
Promoter Holding %79.03
FII Holding %0.00
DII Holding %
Beta1.40

“—” 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 BAJAJINDEF — 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 70%

Why avoid

  • Overall evidence is weak (AlgoScore 36/100)
  • Revenue growth: -13.2% YoY
  • Profit growth: -2.8% YoY
  • Price vs SMA50: below
  • Price vs SMA200: below

Bull case

  • Debt/Equity: 0.02
  • Promoter holding: 79.0%
  • RSI: 55
  • MACD: bullish

Bear case

  • Revenue growth: -13.2% YoY
  • Profit growth: -2.8% YoY
  • Price vs SMA50: below
  • Price vs SMA200: below

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Momentum is fading versus the broader market
  • Revenue growth: -13.2% YoY
  • Profit growth: -2.8% YoY

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

Trade Plan

Entry (CMP)
₹228.57
Stop Loss
₹210.53
risk 7.9%
Target 1 (1.5R)
₹255.62
+11.8%
Target 2 (3R)
₹282.68
+23.7%
Support (20d)
₹212.66
Resistance (52w)
₹442.60
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹18.04/share
ATR (volatility)
₹8.18
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹8.18). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental36
Technical51
Momentum24
Risk (safety)26

Peers — Infrastructure

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