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Azad Engineering Limited ( (IN:AZAD) ) just unveiled an announcement.
Azad Engineering Limited has inaugurated a new Lean Manufacturing Facility at its plant in Tunikibollaram IP, Hyderabad. This facility, launched in the presence of Siemens Energy’s senior global leadership, aims to enhance the supply of critical components for turbine engines, aligning with Siemens Energy’s global requirements. This development is expected to bolster Azad Engineering’s operational capabilities and strengthen its position in the power generation sector.
More about Azad Engineering Limited
Azad Engineering Limited operates in the engineering industry, focusing on the production of highly engineered and complex components such as rotating and stationary airfoils, subassemblies, and assemblies for advanced gas, industrial, and thermal power turbine engines. The company caters to the global demand in power generation and essential industries, with a notable partnership with Siemens Energy.
Average Trading Volume: 12,806
Technical Sentiment Signal: Buy
Current Market Cap: 103.8B INR
Find detailed analytics on AZAD stock on TipRanks’ Stock Analysis page.