Ajax Engineering Ltd
Ajax Engineering | 544356
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About Company
- Ajax Engineering Limited was incorporated as Ajax Fiori Engineering (India) Private Limited' on July 3, 1992, at Bengaluru, Karnataka, as a Private Limited Company issued by the Registrar of Companies
- Pursuant to Scheme of Arrangement, the Company name got changed from Ajax Fiori Engineering (India) Private Limited' to Ajax Engineering Private Limited' and a fresh Certificate of Incorporation was issued on March 15, 2019 by the RoC
- Subsequently, the status of the Company converted to a Public Limited Company and the name got changed to Ajax Engineering Limited' dated September 23, 2024 issued by the Registrar of Companies, Central Processing Centre
- The Company is in the business of manufacturing self-loading concrete mixers (SLCMs), concrete batching plants and concrete pumps, being used across various sectors
- The concrete equipment is deployed across transportation projects such as roads, railway lines, underground tunnels, elevated tracks, flyovers and bridges, irrigation projects such as reservoirs, canals, check dams and aqueducts, and infrastructure projects involving landscaping, drainage and/or construction of airports, power plants, factories, oil and gas terminals, among others
- In addition to SLCM portfolio, the Company has a large and diverse range of non-SLCM equipment that cater to various aspects of the concrete production, transportation, placement and paving processes
- Non-SLCM product portfolio includes batching plants for concrete production, transit mixers for concrete transportation, boom pumps, concrete pumps, self-propelled boom pumps for concrete placement, and slip-form pavers
- The Company started developing the Self-Loading Concrete Mixer in India during the year 1992
- In 2012, the Company inaugurated second plant at Doddaballapur, Karnataka to manufacture SLCMs; introduced the JSP concrete pump in 2013; established third facility in Gowribidanur, Karnataka, for assembly of concrete batching plants in 2014; established fourth facility in Doddaballapur, Karnataka for manufacturing SLCMs in 2018
- Following the approval from National Company Law Tribunal, Bengaluru, the Scheme of Arrangement between the Company, Ajax Construtech Private Limited and Pre-merger AEPL, the various undertakings of Pre-merger AEPL and Ajax Construtech Private Limited got merged into the Company in May, 2018
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Frequently Asked Questions
What is Share Price of Ajax Engineering Ltd?
The current share price of Ajax Engineering Ltd (Ajax Engineering) is ₹485.15. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Ajax Engineering Ltd?
Ajax Engineering Ltd has a 52-week high of ₹756.20 and a 52-week low of ₹394.80. This range shows the stock's price volatility over the past year.
What is the ROE of Ajax Engineering Ltd?
Ajax Engineering Ltd has a Return on Equity (ROE) of 25.07%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
