India's Azad Engineering rises on order win from BHEL
13/10/2026 10:18
BUZZ-India's Azad Engineering rises on order win from BHEL ** Shares of India's Azad Engineering AZAD.NS rise as much as 2% to 3,029.30 rupees; stock last up 0.48%
** Industrial machinery manufacturer wins two-year contract for 526.8 million rupees ($5.5 million) from Bharat Heavy Electricals BHEL.NS
** Contract for supply of gas turbine components to BHEL
** Co says contract supports growth in India's domestic power generation equipment sector and supports local manufacturing of gas turbine components for BHEL** Stock up 79.63% YTD
($1 = 95.7700 Indian rupees)
(Reporting by Anushka Rajvedi in Bengaluru)
((mailto: anushka.rajvedi@thomsonreuters.com))
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