Azad Engineering zooms on inaugurating two lean manufacturing facilities for GE Vernova
Azad Engineering is currently trading at Rs. 2893.50, up by 167.35 points or 6.14% from its previous closing of Rs. 2726.15 on the BSE.
The scrip opened at Rs. 2779.05 and has touched a high and low of Rs. 2918.95 and Rs. 2750.80 respectively. So far 113824 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2986.40 on 17-Aug-2026 and a 52 week low of Rs. 1358.70 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 2,918.95 and Rs. 2669.25 respectively. The current market cap of the company is Rs. 18811.05 crore.
The promoters holding in the company stood at 55.84%, while Institutions and Non-Institutions held 23.62% and 20.54% respectively.
Azad Engineering has inaugurated two Exclusive Lean Manufacturing Facilities for GE Vernova's Gas Power business at its Centre of Excellence & Innovation Centre in Tunikibollaram, Hyderabad, on September 28,2026, expanding its footprint to three dedicated facilities for the global energy giant.
The two state-of-the-art lean manufacturing facilities, each spanning 7,600 sq. m are dedicated to manufacturing highly engineered rotating and stationary airfoils and specialized machined parts, meeting GE Vernova's global demand in the power generation and essential industries.
