Industry analysis
Construction Vehicles
Read from what its listed companies are showing. Valuations are compared within this industry.
Too few companies to judge
6 listed companies · ₹ 35,973 Cr. total market valueFewer than 8 companies here have results to compare, so the sector is not called either way. The figures below are still shown.
- ●67% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 4.9%. 33% made a loss.
- ●1 credit rating upgrade and no downgrades in the last 90 days.
- –1 good and no bad company announcements, including 1 big order won (read since 6 Oct 2026; not counted until there is a month of them).
- ●The typical share is down 13% in 3 months; 50% of shares trade above their 200-day average (their usual level).
- –Typical P/E 27.4, close to these companies' usual level.
▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.
In charts
Share prices over the last year
The typical Construction Vehicles share against the typical share on the market, both starting at 100. Now 78 vs 83.
Is growth speeding up or slowing down?
The typical company's sales and profit growth against the same quarter a year earlier.
Cheaper than peers
Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.
No company here passes every test right now.
Cheaper than peers across the whole market
Leaders and laggards
Good news
- Indo Farm EquipmentCredit rating raised
Warning signs
No red flags in 90 days.
Best shares, 3 months
- BEML+10.3%
- Action Construction Equipment−3%
- AJAX Engineering−3.9%
- TIL−22.7%
- Indo Farm Equipment−23.7%
Worst shares, 3 months
Companies
Click a column to sort.
| Signs (90 days) | |||||||
|---|---|---|---|---|---|---|---|
| BEML BEML | Construction Vehicles | ₹ 15,388.58 Cr. | +29.3% | Loss | 86.3 | +10.3% | |
| Action Construction Equipment ACE | Construction Vehicles | ₹ 11,953.83 Cr. | +20.6% | +21.4% | 27.3 | −3% | |
| AJAX Engineering AJAXENGG | Construction Vehicles | ₹ 6,324.37 Cr. | +1.7% | +5.7% | 27.4 | −3.9% | |
| TIL TIL | Construction Vehicles | ₹ 1,632.15 Cr. | +86.2% | Loss | 80.1 | −22.7% | |
| Indo Farm Equipment INDOFARM | Construction Vehicles | ₹ 551.29 Cr. | +14.5% | +4.2% | 22.2 | −23.7% | Credit rating raised |
| Brady & Morris Engineering Company Ltd 505690 | Construction Vehicles | ₹ 122.35 Cr. | −12% | −50% | 25.7 | −25.9% |
Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.