Indef Manufacturing Ltd Stock Price Today (NSE: BAJAJINDEF)
Fundamental Score
Indef Manufacturing Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Indef Manufacturing Ltd share price today is ₹232.57, down 1.77% on NSE/BSE as of 7 August 2026. Indef Manufacturing Ltd (BAJAJINDEF) is a Small-cap company in the Industrial Products sector with a market capitalisation of ₹769.19 (Cr). The 52-week high for BAJAJINDEF share price is ₹442.60 and the 52-week low is ₹207.25. At a P/E ratio of 31.98x, BAJAJINDEF is currently trading below its industry average P/E of 32.61x. The company has a Return on Equity (ROE) of 9.20% and a debt-to-equity ratio of 0.01.
Indef Manufacturing Ltd Share Price Chart — NSE/BSE Historical Performance
Indef Manufacturing Ltd share price chart: -8.16% return over the past month. 52-week high ₹442.60, 52-week low ₹207.25.
Indef Manufacturing Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹238.00 | ₹238.00 | ₹231.25 | ₹232.57 | 16.34K (Cr) | |
| ₹232.10 | ₹238.00 | ₹231.21 | ₹236.77 | 11.07K (Cr) | |
| ₹230.20 | ₹234.50 | ₹230.20 | ₹230.89 | 4.63K (Cr) | |
| ₹237.00 | ₹237.00 | ₹230.20 | ₹232.08 | 17.47K (Cr) | |
| ₹238.99 | ₹238.99 | ₹232.65 | ₹234.80 | 11.24K (Cr) | |
| ₹234.80 | ₹236.90 | ₹229.95 | ₹234.70 | 15.67K (Cr) | |
| ₹238.00 | ₹239.00 | ₹229.00 | ₹232.75 | 23.35K (Cr) | |
| ₹229.20 | ₹236.00 | ₹229.20 | ₹234.80 | 17.26K (Cr) | |
| ₹231.10 | ₹233.95 | ₹226.40 | ₹229.20 | 11.89K (Cr) | |
| ₹231.80 | ₹239.90 | ₹230.30 | ₹230.85 | 14.35K (Cr) |
Indef Manufacturing Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹238.99 | ₹238.99 | ₹230.20 | ₹232.57 | -2.69% | |
| ₹252.20 | ₹258.45 | ₹226.40 | ₹234.70 | -6.94% | |
| ₹253.70 | ₹276.40 | ₹225.50 | ₹250.70 | -1.18% | |
| ₹302.90 | ₹323.00 | ₹250.15 | ₹252.60 | -16.61% | |
| ₹215.98 | ₹333.00 | ₹215.98 | ₹299.23 | +38.55% | |
| ₹230.00 | ₹271.98 | ₹207.25 | ₹211.62 | -7.99% | |
| ₹295.50 | ₹320.00 | ₹247.00 | ₹248.75 | -15.82% | |
| ₹338.70 | ₹379.00 | ₹288.00 | ₹294.50 | -13.05% | |
| ₹342.40 | ₹368.00 | ₹308.00 | ₹337.00 | -1.58% | |
| ₹382.45 | ₹400.00 | ₹330.10 | ₹335.50 | -12.28% | |
| ₹352.00 | ₹442.60 | ₹344.65 | ₹382.95 | +8.79% | |
| ₹363.60 | ₹420.90 | ₹333.00 | ₹362.75 | -0.23% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Short-term hype masks weak fundamentals in this micro-cap industrial play; avoid the FOMO.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Indef Manufacturing's stock experienced a surge on March 11, 2026, hitting its upper circuit limit with a 13.89% gain, closing at The rally was driven by strong buying momentum, with traded volume reaching 2.47 lakh shares and a turnover of approximately
CORE STORY (THE REAL GAME)
- Upper circuit hit on March 11, 2026
- IIP growth of 5.2% in February 2026, led by manufacturing
- Acquisition of Daedalus Lift & Access Equipments in 2025
- Significant new order wins
- Faster-than-expected integration of Daedalus
- Positive revisions in MarketsMOJO rating
- Micro-cap with inherent liquidity risk
- MarketsMOJO rates as 'Strong Sell'
- YoY profit declined by 44.5% in the latest quarter
FII holdings slightly decreased by 0.03%.
Industrial growth in India is a tailwind, but global uncertainties pose a headwind.
No major news found after live search.
No Free Cash Flow data available.
Near-term momentum may continue, but long-term sustainability hinges on improved profitability and order execution. Monitor closely for signs of financial distress.
Primary Thesis Risk
Unsustainable rally driven by speculative buying, not fundamentals.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Indef Manufacturing Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Indef Manufacturing Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of BAJAJINDEF across key market metrics for learning purposes.
Positive Indicators
5 factors identified
Strong Revenue Growth (28.43%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Conservative Debt Levels (D/E: 0.01)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (65.76x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (69.61%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
4 factors identified
Below-Average Return on Equity (9.20%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (9.45%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Profit Decline Concern (-33.66%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Limited Institutional Interest (FII+DII: 1.70%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Indef Manufacturing Ltd vs Industrial Products Peers
Peer Comparison - Industrial Products
Compare Indef Manufacturing Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Indef Manufacturing LtdIndef Manufactu...Selected✓ BAJAJINDEF • 544364 | 34.4/100 | ₹232.57₹233 | ₹769.19₹769.19 | 31.98Average 32.0 Average | 9.20%Poor 9.20% Poor | 9.45%Poor 9.45% Poor | 0.01Excellent 0.0 Excellent | — — | — — | 0.83% |
Aditya Infotech LimitedAditya Infotech... CPPLUS • 544466 | 65.9/100 | ₹3391.00₹3391 | ₹43866.65₹43866.65 | 119.29Average 119.3 Average | 25.41%Excellent 25.41% Excellent | 28.56%Excellent 28.56% Excellent | 0.14Excellent 0.1 Excellent | 65.82%Excellent 65.82% Excellent | 29.72%Excellent 29.72% Excellent | 0.04% |
Honeywell Automation India LtdHoneywell Autom... HONAUT • 517174 | 46.2/100 | ₹38155.00₹38155 | ₹34925.92₹34925.92 | 65.27Average 65.3 Average | 12.59%Average 12.59% Average | 16.95%Good 16.95% Good | 0.02Excellent 0.0 Excellent | 3.07%Average 3.07% Average | 9.00%Good 9.00% Good | 0.28% |
Syrma SGS Technology LtdSyrma SGS Techn... SYRMA • 543573 | 63.3/100 | ₹1366.80₹1367 | ₹27142.24₹27142.24 | 84.55Average 84.5 Average | 13.92%Average 13.92% Average | 16.73%Good 16.73% Good | 0.14Excellent 0.1 Excellent | 36.18%Excellent 36.18% Excellent | 40.32%Excellent 40.32% Excellent | 0.11% |
Kaynes Technology India LtdKaynes Technolo... KAYNES • 543664 | 57.8/100 | ₹3804.60₹3805 | ₹22373.87₹22373.87 | 61.17Average 61.2 Average | 9.64%Poor 9.64% Poor | 13.24%Average 13.24% Average | 0.19Excellent 0.2 Excellent | 108.32%Excellent 108.32% Excellent | 53.89%Excellent 53.89% Excellent | 0.00% |
Jyoti CNC Automation LtdJyoti CNC Autom... JYOTICNC • 544081 | 40/100 | ₹808.65₹809 | ₹18362.28₹18362.28 | 54.65Average 54.6 Average | 18.22%Good 18.22% Good | 21.32%Excellent 21.32% Excellent | 0.43Excellent 0.4 Excellent | 44.74%Excellent 44.74% Excellent | 31.51%Excellent 31.51% Excellent | 0.00% |
Lakshmi Machine Works LimitedLakshmi Machine... LMW • 500252 | 41.5/100 | ₹16152.00₹16152 | ₹17489.31₹17489.31 | 153.16Average 153.2 Average | 4.05%Poor 4.05% Poor | 5.58%Poor 5.58% Poor | 0.00Excellent 0.0 Excellent | 15.77%Excellent 15.77% Excellent | 13.18%Good 13.18% Good | 0.21% |
Lloyds Engineering Works LtdLloyds Engineer... LLOYDSENGG • 539992 | 24.9/100 | ₹88.66₹89 | ₹13034.46₹13034.46 | 68.65Average 68.7 Average | 16.38%Good 16.38% Good | 17.08%Good 17.08% Good | 0.06Excellent 0.1 Excellent | — — | — — | 0.28% |
Tega Industries LtdTega Industries... TEGA • 543413 | 32.3/100 | ₹1485.50₹1486 | ₹12222.95₹12222.95 | 85.68Average 85.7 Average | 5.94%Poor 5.94% Poor | 8.09%Poor 8.09% Poor | 0.12Excellent 0.1 Excellent | 0.49%Average 0.49% Average | 16.00%Excellent 16.00% Excellent | 0.12% |
Dynamatic Technologies LtdDynamatic Techn... DYNAMATECH • 505242 | 45.6/100 | ₹10339.00₹10339 | ₹6976.77₹6976.77 | 139.48Average 139.5 Average | 6.62%Poor 6.62% Poor | 9.98%Poor 9.98% Poor | 0.80Good 0.8 Good | 33.79%Excellent 33.79% Excellent | 7.71%Good 7.71% Good | 0.10% |
Praj Industries LtdPraj Industries... PRAJIND • 522205 | 15.6/100 | ₹311.90₹312 | ₹6485.85₹6485.85 | 334.64Average 334.6 Average | 1.44%Poor 1.44% Poor | 6.31%Poor 6.31% Poor | 0.13Excellent 0.1 Excellent | -24.84%Poor -24.84% Poor | 19.41%Excellent 19.41% Excellent | 1.70% |
Top Industrial Products Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Aditya Infotech Limited share price43866.65 Cr
- Honeywell Automation India Ltd share price34925.92 Cr
- Syrma SGS Technology Ltd share price27142.24 Cr
- Kaynes Technology India Ltd share price22373.87 Cr
- Jyoti CNC Automation Ltd share price18362.28 Cr
Indef Manufacturing Ltd PE Ratio History
Historical price-to-earnings ratio for BAJAJINDEF — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹10.68 | ₹337.00 | 31.6x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Indef Manufacturing Ltd Quarterly Performance
Latest quarterly metrics for BAJAJINDEF — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
28.43%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-33.66%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
N/A
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
N/A
Compounded annual net profit growth over 5 years
Indef Manufacturing Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for BAJAJINDEF — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Indef Manufacturing Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Indef Manufacturing Ltd (BAJAJINDEF) — sourced from NSE/BSE filings.
Loading Financial Statements...
Fetching financial data for Indef Manufacturing Ltd
About BAJAJINDEF (Indef Manufacturing Ltd)
Indef Manufacturing Ltd is a dynamic force in the industrial products sector, specializing in comprehensive material handling solutions. The company distinguishes itself through th...e design, production, and distribution of a diverse portfolio of equipment engineered to optimize efficiency and safety across various industries. Their offerings span from robust mechanical hoists capable of handling heavy loads, to precision-engineered ergonomic handling systems designed to minimize worker strain and enhance productivity. Furthermore, Indef provides advanced overhead crane systems, encompassing both EOT cranes and specialized electric chain and wire rope hoists, ensuring seamless and reliable lifting operations. Their product line extends to innovative stackers and state-of-the-art storage and retrieval solutions, reflecting their commitment to delivering complete and tailored solutions for diverse operational needs. Indef Manufacturing Ltd's commitment to quality and innovation has positioned it as a trusted partner for a wide array of industries demanding reliable and efficient material handling equipment. The company's solutions find application across sectors including the demanding environments of the oil and gas industry, the precision-driven engineering sector, the fast-paced auto and auto ancillary industry, the heavy demands of cement manufacturing, and the intricate operations of the metals industry, among others. This broad reach underscores Indef's versatility and ability to adapt to the specific requirements of each industry. Their expertise and diverse product range allows clients to streamline operations and create a more productive and safe working environment. Established with a vision to revolutionize material handling, Indef Manufacturing Ltd formally began operations in 2022, and is headquartered in the bustling industrial hub of Navi Mumbai. Despite being relatively new, the company leverages an experienced team and cutting-edge technology to rapidly establish itself as a leader in the Indian market. The location allows Indef to readily serve both national and international clients. Indef is quickly gaining a reputation for reliability, responsiveness, and a dedication to exceeding customer expectations through superior products and exceptional service. The company is poised for sustained growth and continued innovation in the evolving landscape of industrial material handling.
Company Details
Key Leadership
Corporate Events
Latest News
BAJAJINDEF Share Price: Frequently Asked Questions
What is the current share price of Indef Manufacturing Ltd?
Indef Manufacturing Ltd (BAJAJINDEF) trades at ₹232.57 on NSE and BSE. Market cap ₹769.19 (Cr). Educational data only.
What is the P/E ratio of Indef Manufacturing Ltd?
Indef Manufacturing Ltd has a P/E of 31.98x vs industry average 32.61x.
What is the Bull Run score for Indef Manufacturing Ltd?
Indef Manufacturing Ltd has a Bull Run score of 34.4/100 based on 25+ financial parameters.
Does Indef Manufacturing Ltd pay dividends?
Indef Manufacturing Ltd has a dividend yield of 0.83%. Past dividends don't guarantee future payments.
What is the ROE of Indef Manufacturing Ltd?
Indef Manufacturing Ltd has ROE of 9.20%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Indef Manufacturing Ltd?
Indef Manufacturing Ltd has debt-to-equity of 0.01.
Is Indef Manufacturing Ltd a good investment?
Bull Run gives Indef Manufacturing Ltd a score of 34.4/100. This is not investment advice — consult a SEBI-registered advisor.