Azad Engineering shares rise 77%; ICICI Securities raises target
In short
Azad Engineering shares rose 77% in the past year. Mint Markets said the move was helped by strategic expansions and better order visibility, and ICICI Securities raised its target price to ₹3,200.
This matters for investors watching the stock and the broker call. The report does not say the current price or what exact new recommendation, if any, was given.
What the reporting says
Azad Engineering shares rose 77% over the past year, according to a Mint Markets summary, as strategic expansions and better order visibility supported the stock. ICICI Securities upgraded its target price to ₹3,200. The reporting does not state the current share price, the date of the note, or whether the recommendation changed beyond the target upgrade.
Why it matters
Azad Engineering shares rose 77% in the past year, and ICICI Securities lifted its target price to ₹3,200, according to the publisher summary. The note points to strategic expansions and improved order visibility as support for the stock. The reporting does not give the current share price or any detailed valuation rationale beyond that.