Orders13 Oct 2026 · Tue
AZADAzad Engineering
Azad Engineering gets a two-year BHEL airfoil contract worth about ₹52.68 crore
Azad Engineering has been awarded a two-year rate contract worth about ₹52.68 crore by BHEL for airfoils used in heavy-duty gas turbines.
Price, Monday's close₹2,968.40▲ 2.00%
Last 5 days
52-week low ₹1,360.0052-week high ₹3,127.90
- Sector
- Engineering
What happened
- The contract is for manufacturing and supply of critical stationary and rotating airfoils for heavy-duty gas turbines, according to Sahi.
- It is a two-year rate contract valued at about ₹52.68 crore, per Sahi and ScanX.
- The shares closed at ₹2,968.40 on Monday, up 2.00%.
Why it matters
Good to know: A rate contract fixes the price of items for a set period, but the quantity actually bought is called off by the customer as it needs them.
Key facts
- Customer
- Bharat Heavy Electricals (BHEL)
- Value
- About ₹52.68 crore
- Term
- Two years (rate contract)
- Product
- Airfoils for heavy-duty gas turbines
Read the source
This is a summary of public news about Azad Engineering, for information only. It is not a recommendation to buy, sell or hold AZAD.