Page 3 - Azad Engineering News Today

Azad Engineering shares rose 9% intraday to Rs 775.80 against the previous close of Rs 711.70 on BSE. Market cap of Sachin Tendulkar-backed Azad Engineering rose to Rs 4492 crore.

Bajaj Finance, Titan Company, UltraTech Cem., Bajaj Finserv and NTPC were among the top losers on NSE in todays trade.

India Business News: Sachin Tendulkar-backed Hyderabad company Azad Engineering has padded up for a seven-year innings as producer and supplier of critical engine parts t

Bajaj Finance, ITC, RIL, Titan Company and UltraTech Cem. were among the top losers on NSE.

The Nifty Pharma index closed 0.87 per cent down at 17470.15.

In todays trade, the stock hit a new 52-week high of ₹219.70 apiece following India Ratings and Research (Ind-Ra) upgrading the company outlook to ‘positive’ from ‘stable’ while maintaining the long-term issuer rating at IND A plus.

Defence major Rolls-Royce has inked a long-term agreement with Hyderabad-based Azad Engineering to manufacture and supply complex components for military aircraft engines.

In the Nifty pack, 14 stocks closed in the green, while 36 stocks ended in the red.

Orchid Pharma, Kirloskar Elec, Maral Overseas, Azad Engineering and Shakti Pumps, hit their fresh 52-week highs at 11:20AM.

Maral Overseas, Azad Engineering, Orchid Pharma, Tata Investment and Crest Ventures, hit their fresh 52-week highs during the day.