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.
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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