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Shares of Azad Engineering have recovered over 105 per cent return from its recent lows. It hit its 52-week high of 1,465 on March 5, 2024, and a 52-week low of Rs 641.95 on January 17, 2024.
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.
Shares of Azad Engineering, an aerospace components and turbine manufacturer, were locked in the 20% upper circuit limit in today's intraday trade, reaching a historic high of ₹854.30 per share.