India's Azad Engineering up on $53 mln contract with GE Vernova

Azad Engineering

05/05/2025 08:58

** Aerospace and defense manufacturer Azad Engineering AZAD.NS up 4.44% to 1,621.9 rupees

** Co signs supply agreement with GE Steam Power GMBH, through its GE Vernova GEV.N Power business for manufacturing of airfoils

** Contract valued at 4.52 billion rupees ($53.5 million) for six years

** With session's gains, AZAD shares up 23.6% in the last 12 months

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))