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51% rally in 2026 so far! ICICI Direct sees 28% upside potential in this defence stock - Do you own? Check target price

Mint 18 min ago·13 Nov 2026, 3:00 am

Azad Engineering shares have risen about 51% in 2026, but ICICI Securities sees up to 28% further upside and retains a Buy rating, with a revised target of ₹3,100. Potential delivery of a second engine to DRDO and aerospace expansion could support growth.

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Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.

Key takeaways

  • Concerns Azad Engineering (AZAD).
  • Category: Stocks.

Why it matters

A routine update for Azad Engineering. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Mint.

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Aggregated from third-party sources for research. Sentiment & impact are AI-generated, indicative, not advice.