Azad Engineering gives 170% in 2 months

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On December 28, 2023, Azad Engineering shares went public on the BSE and NSE at a massive premium of almost 35 percent. After being listed on the market for over two months, Azad Engineering shares have increased by 170 percent compared to the ₹499 to ₹524 range of the IPO price.

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Even with a significant listing gain, if an allottee had stuck with this stock, their money's absolute worth would have increased by 2.7 times.

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[{"selector":"#anim-293d4a52-e631-4481-96d1-078fe4d64b3c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(9.267948727305653e-15%, -8.794146659194824e-7%) scale(1.434782608695652)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0e955f1c-a46a-4013-8572-ce4831077e95","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Azad Engineering Stock went up by 50% in last one month Azad Engineering's share price traded higher and reached an intraday high of ₹1,465 per share on NSE. The share price also touched a lifetime high. This recently listed company has increased by nearly 50% in the previous month, rising from about ₹932 to ₹1465 per share.

[{"selector":"#anim-1bbe335f-c651-4231-be91-7b79bf80eecc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Azad Engineering shares are available for trade on both NSE and BSE. The stock has a market cap of ₹8088 crore and its current trade volume is 724,916. The stock is currently available at a PE at 950 while the sector PE is 54.05. Key Parameters of Azad Engineering

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Azad Engineering gives 170% in 2 months

Published : 05 March 2024

On December 28, 2023, Azad Engineering shares went public on the BSE and NSE at a massive premium of almost 35 percent. After being listed on the market for over two months, Azad Engineering shares have increased by 170 percent compared to the ₹499 to ₹524 range of the IPO price.

Even with a significant listing gain, if an allottee had stuck with this stock, their money's absolute worth would have increased by 2.7 times.

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