Azad Engineering Inventory Value: June 6 was very unhealthy for Azad Engineering buyers. Resulting from heavy promoting, the inventory noticed a decline of about 11 % on BSE in the course of the day and the value went as much as Rs 1561. The inventory fell practically 6 % at Rs 1649.95 when the enterprise shut down. The principle motive for promoting is a block deal of Rs 780 crore. On this transaction, the corporate’s buy of 48 lakh shares of the corporate was bought. This variety of shares is the same as the corporate’s 7.4 % stake. The transaction occurred at a median value of Rs 1,640 per share. Azad Engineering produces priced-furious and mechanical parts for industries comparable to clear power, aerospace, protection, oil and fuel, and standalone energy provide (SPS). Its market cap has come all the way down to Rs 10600 crore. In accordance with BSE information, the inventory has strengthened 26 % within the final 3 months. On the identical time, it has seen a decline of about 7 % in only one week. The information associated to Azad Engineering was listed in December 2023. The shares have been listed on 28 December 2023. The inventory closed at Rs 677.1 on its Itemizing Day on BSE. Since then, it has seen an increase of about 144 %. The inventory has to this point gone as much as a report excessive of Rs 2,080, which was created on 20 June 2024. Low Lo 1,128.40 rupees was seen on 7 April 2025. The face worth of the inventory is Rs 2. The corporate had a 60.32 % stake within the firm until the tip of March 2025. In Could this 12 months, Azad Engineering signed a 6 -year long run provide settlement with GMBH unit of Ge Steam Energy GMBH to create and provide priced parts for the worldwide energy sector. The worth of this contract is about Rs 452.5 crore. RBI Credit score Coverage: Giant presents acquired by RBI to small gold loans, Manappuram ran as much as 4%, Manappuram, IIFL and Muthoot’s sharemarch within the sharemarch quarter 66 % increase-Merch-march-March 2025 The 2025 flesh The bottom elevated by 36 % to Rs 130.30 crore. It was Rs 95.56 crore a 12 months in the past. Pure consolidated earnings have been elevated by 66 % to Rs 24.81 crore from a 12 months in the past, which was Rs 14.93 crore within the March 2024 quarter. Disclaimer: Right here data is being supplied right here just for data. It’s needed to say right here that the funding market available in the market is topic to dangers. All the time seek the advice of specialists earlier than investing cash as an investor. There may be by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.
