India's Azad Engineering rises 10% after contract with Rolls-Royce

Azad Engineering

29/01/2024 07:28

** Shares of Azad Engineering  AZAD.NS  rise as much as
10.3% to 745.90 rupees, highest since listing on Dec. 28, 2023
    ** AZAD said it has signed a long-term contract with
Rolls-Royce  RR.L  for supply of critical parts for military
aircraft engines
    ** Trading volume nearly twice its 30-day moving avg
    ** Stock up 7.4% since listing
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))