Azad Engineering bags Rs 700 crore order from Japanese giant Mitsubishi

Quick Summary:

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.

Rs 700 crore) contract from Japan’s Mitsubishi Heavy Industries Ltd.

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Article Details

Author / Journalist: Swati Bharadwaj

Category: EconomyBusiness

Markets: IndiaDenmarkFinlandJapanNorwaySwedenUkraine

Topics: Aerospace Defence Azad Engineering Power generation Mitsubishi Business news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 15:15:28 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 595 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23391882

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