DocStoX is a free AI-powered research platform for Indian equity markets, covering 6,800+ NSE & BSE stocks with prices, fundamentals, 326 financial ratios, shareholding, FII/DII flows, F&O, IPOs, a visual screener and AI stock scoring.

Yes. DocStoX has a free tier covering stock research, the screener, FII/DII data and educational guides, plus a free MCP API tier (50 tool calls/day) for AI assistants. A Pro plan adds higher limits and advanced features.

What data does DocStoX cover?

Every NSE & BSE listed stock (6,800+ instruments): EOD and intraday prices, income statement / balance sheet / cash flow, 326 ratios, quarterly shareholding, promoter pledge, mutual-fund holdings, FII/DII flows, F&O and option-chain data, analyst forecasts, IPOs, corporate actions and news.

Can AI assistants like ChatGPT or Claude use DocStoX data?

Yes. DocStoX runs a public Model Context Protocol (MCP) server at https://mcp.docstox.com/mcp with 39 tools, so Claude, ChatGPT, Cursor and other MCP clients can pull Indian market data directly. Setup and a free key are at https://docstox.com/mcp.

What is the AJAX ENGINEERING LIMITED (AJAXENGG) share price today?

AJAX ENGINEERING LIMITED (AJAXENGG) is trading at ₹594.7 on the NSE, down 2.68% on the day. Source: DocStoX.

What is the PE ratio of AJAX ENGINEERING LIMITED?

AJAX ENGINEERING LIMITED has a price-to-earnings (PE) ratio of 26.2 in the Capital Goods sector.

What is the market capitalisation of AJAX ENGINEERING LIMITED?

AJAX ENGINEERING LIMITED has a market capitalisation of approximately ₹6,803 crore.

AJAX ENGINEERING LIMITED

AJAXENGG·NSE·Capital Goods

₹594.70▼ -16.40 (-2.68%)

Capital Goods · Construction Vehicles

Debt-free and consistently profitable

Day₹591.20

₹615.90

52W₹395

₹73060%

Open

₹607.00

High

₹615.90

Low

₹591.20

Prev Close

₹611.10

Volume

43.5K

VWAP

₹599.33

Snapshot

Key fundamentals

Market Cap

₹6,803 Cr

P/E Ratio

26.16Fair

P/B Ratio

4.38

EPS

₹22.73

Book Value

₹121.69

ROE

22.48%Strong

ROCE

34.00%Efficient

Dividend Yield

0.00%

Debt / Equity

0.00Low

Face Value

₹1.00

52W High

₹730.10

52W Low

₹394.80

Sector

Capital Goods

Industry

Construction Vehicles

Avoid

Narrow moatMedium uncertainty

Fair value estimate

₹208

▼ 65.1%downside

Trading at ₹595 — 65% above our estimate

BearFair valueBull

₹176₹208₹249

/100

Business quality — Solid

Growth 0Profitability 73Efficiency 58Valuation 80

Plain English

Our view

Debt-free and consistently profitable
Virtually debt-free balance sheet

Strengths

Virtually debt-free balance sheet
Strong returns on equity (22%)
Capital is working hard (ROCE 34%)
Promoters hold a controlling stake

How we got there

Fair value methods

Residual income

22% ROE fading to 12% over ~10 yrs, on ₹122 book

₹196

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹249

Analyst target

No analyst coverage

—

Blended fair value₹208

What the numbers say

Investment thesis

Bull case

Virtually debt-free balance sheet
Strong returns on equity (22%)
Capital is working hard (ROCE 34%)
Promoters hold a controlling stake

Bear case

No notable red flags from the current metrics.

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

26.2Fair

Below 15× is value territory; above 35× prices in strong growth

ROE

22.5%Strong

Above 15% is considered healthy for Indian equities

ROCE

34.0%Efficient

Above 18% means capital is working hard

Debt/Eq

0.00Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹6,803 Cr

P/B

4.38

EPS

₹22.73

Div Yield

—

What changed

Recent changes

Foreign investors-0.5% stake last quarter
Domestic institutions+0.4% stake last quarter

What matters

News impact

Overview

Valuation

Reasonable

P/E 26.2×

Growth

Strong

+22% rev CAGR

Profitability

Excellent

22.5% ROE

Financial health

Rock solid

D/E 0.00

Momentum

N/A

No technicals

Today

Trading activity

Delivery %55.1%

Turnover₹260.94L Cr

Trades3,273

VWAP₹599.33

Face value₹1.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+22.2%

+23.2%

10Y

—

Profit

+18.3%

10Y

—

EPS

—

10Y

—

Profile

Pros

Company is almost debt free.
Company has delivered good profit growth of 18.9% CAGR over last 5 years

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Working capital days have increased from 69.1 days to 161 days

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Foreign investors sold 0.50 pts; domestic institutions added 0.44 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

80%

Promoter

Promoters

80.0%0.00

Public

4.2%+0.06

FII / FPI

5.7%-0.50

DII

10.2%+0.44

Total shareholders

72,001-723 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter80.00%

FII5.65%

DII10.15%

Public4.20%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in July 1992, Ajax Engineering Limited manufactures a wide range of concrete equipment and services across the value chain.[1]