Azad Engineering bags Rs 700 crore order from Japanese giant Mitsubishi

Hyderabad-based Azad Engineering Ltd wins a $82.89 million contract from Japan’s Mitsubishi Heavy Industries Ltd to supply complex airfoils for advanced gas and thermal power turbine engines over five years. Following the contract announcement, Azad Engineering's stock price rose by over 14% on the Bombay Stock Exchange.

Nov 4, 2024 - 13:30

Azad Engineering bags Rs 700 crore order from Japanese giant Mitsubishi

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Hyderabad-based Azad Engineering Ltd wins a $82.89 million contract from Japan’s Mitsubishi Heavy Industries Ltd to supply complex airfoils for advanced gas and thermal power turbine engines over five years. Following the contract announcement, Azad Engineering's stock price rose by over 14% on the Bombay Stock Exchange.