Azad Engineering Share Price Target Tomorrow 2024 To 2030- Market Overview, Financials

Azad Engineering Ltd is a prominent Indian company specializing in precision engineering and manufacturing. It serves key industries like aerospace, defense, energy, and oil & gas, producing high-quality components that meet global standards. Known for its strong emphasis on advanced technology, Azad Engineering invests significantly in research and development to ensure precision, efficiency, and reliability in its products. Azad Engineering Share Price on NSE as of 4 November 2024 is 1,572.95 INR. Here will provide you more details on Azad Engineering Share Price Target 2024, 2025, 2026 to 2030.

Azad Engineering Ltd: Market Overview

• Open Price: ₹1,579.90
• High Price: ₹1,670.00
• Low Price: ₹1,558.20
• Previous Close: ₹1,461.80
• Volume: 2,455,496
• Value (Lacs): ₹38,737.90
• VWAP: ₹1,616.66
• UC Limit: ₹1,754.15
• LC Limit: ₹1,169.45
• P/E ratio: N/A
• Div yield: N/A
• 52-wk high: ₹2,080.00
• 52-wk low: ₹642.40
• Mkt cap: ₹9.30KCr
• Face Value: ₹2

Azad Engineering Ltd Competitors

Here are four competitor companies of Azad Engineering Ltd, along with their market capitalizations:

1. Bharat Forge Ltd – Market Capital: Approximately ₹60,000 crore
   Bharat Forge is one of India’s leading engineering companies with a strong focus on the aerospace, defense, and automotive sectors.
2. Hindustan Aeronautics Ltd (HAL) – Market Capital: Approximately ₹1,30,000 crore
   HAL is a major player in India’s aerospace and defense industry, manufacturing aircraft and related components.
3. Larsen & Toubro Ltd (L&T) – Market Capital: Approximately ₹4,00,000 crore
   L&T is a large conglomerate with expertise in engineering, construction, and manufacturing, catering to multiple high-tech industries.

4. MTAR Technologies Ltd – Market Capital: Approximately ₹8,000 crore
   MTAR specializes in precision engineering solutions and components for aerospace, defense, and clean energy, competing closely in specialized manufacturing.

Azad Engineering Share Price Chart

Azad Engineering Share Price Target Tomorrow 2024 To 2030

Azad Engineering Share Price Target 2024

Azad Engineering share price target 2024 Expected target could be ₹2105. Here are three potential risks and challenges for Azad Engineering’s share price target in 2024:

• Dependence on Defense and Aerospace Contracts: Azad Engineering has a strong focus on the defense and aerospace sectors, which are subject to government policies and budget allocations. Any cuts or delays in government spending on defense could impact the company’s revenue, affecting its share price.
• High Competition in Precision Engineering: The precision engineering market is highly competitive, with major players like Bharat Forge and MTAR Technologies. Increased competition could lead to pricing pressures, potentially impacting Azad Engineering’s profitability and ability to capture new contracts.

• Global Supply Chain Disruptions: The company relies on a stable supply chain for critical materials and components. Ongoing global supply chain issues or inflationary pressures in raw material prices could increase production costs, affecting profit margins and potentially leading to stock volatility.

Azad Engineering Share Price Target 2025

Azad Engineering share price target 2025 Expected target could be ₹3020. Here are three key risks and challenges that could impact Azad Engineering’s share price target for 2025:

• Reliance on Limited Clientele: If Azad Engineering has a high concentration of revenue from a few major clients in defense and aerospace, any reduction in orders or loss of a key client could significantly impact revenue and market confidence, affecting its share price.
• Technology and Innovation Pressures: With rapid advancements in engineering technology, staying at the forefront requires constant innovation and investment. Falling behind in technology or failing to meet industry standards could hurt Azad’s competitive edge, impacting growth and profitability.

• Geopolitical and Regulatory Risks: Operating in defense and aerospace exposes Azad Engineering to geopolitical uncertainties and stringent regulations. Changes in defense policies, international relations, or increased regulatory restrictions could disrupt business operations and hinder growth, potentially affecting its stock performance.

Azad Engineering Share Price Target 2030

Azad Engineering share price target 2030 Expected target could be ₹7892. Here are three potential risks and challenges that could impact Azad Engineering’s share price target for 2030:

• Global Economic and Geopolitical Volatility: As a company serving sectors like defense and aerospace, Azad Engineering could be impacted by global economic instability or geopolitical conflicts. Shifts in international relations, sanctions, or defense spending cuts by governments could affect demand for its products and services.
• Intense Industry Competition: Over the long term, Azad Engineering may face increased competition from both established and emerging players. Competitors with more advanced technology or aggressive pricing strategies could pressure Azad’s market share and profitability, affecting its valuation and share price.

• Sustainability and Regulatory Compliance: With stricter environmental regulations expected by 2030, especially in aerospace and defense sectors, Azad Engineering will need to adapt its manufacturing processes to meet sustainability standards. Compliance costs or failure to meet these regulations could impact its operational costs and reputation, influencing investor confidence and share performance.

Azad Engineering Ltd Shareholding Pattern

• Promoters: 45.90%
• Retail and Others: 18.61%
• FII: 9.74%
• Mutual Funds: 5.47%
• DII: 0.27%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.azad.in/

Azad Engineering Ltd Financials

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