29 Sep 2025 | 5 Mins Read
Azad Engineering jumps 4% on Rs 651 crore Mitsubishi deal
Flipitmoney
Azad Engineering shares reached an intraday high of Rs 1,624.45 on the BSE, a 4.3% rally, after signing a $73.47 million long-term contract with Mitsubishi Heavy Industries, raising total business value to $156.36 million. The contract, valued at Rs 651 crore, will be executed over five years, supporting the company's robust net profit and revenue growth of 73.7% and 40% respectively.