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In today's 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.