Azad Engineering Limited (AZAD.NS)
Azad Engineering Limited operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Hyderabad, TS, IN. The stock last traded at $2717.80, up 1.98% on the session, giving a market capitalisation of $175.52B. Its beta of 0.60 implies it has historically moved less than the broad market.
Azad Engineering Limited, established in Hyderabad, India, in 1983, specializes in the manufacturing and distribution of high-precision engineered components crafted through advanced forging and machining processes. Their comprehensive product portfolio includes critical items such as body valves, housing mounts, compressor housings, fan blisks, turbine wheels, and nozzles, alongside various parts for hydraulic, fuel inerting, flight control, and actuating systems. The company also supplies airfoils, blades, essential missile components for defense, and industrial aerospace standard fluid distribution parts. Furthermore, they produce rotors, stators, combustion components, engine accessories, specialized fasteners, and custom-machined parts. For the oil and gas industry, their offerings extend to drill bits, reamers, safety valves, and other unique equipment. Azad Engineering primarily serves the aerospace and defense, energy, and oil and gas sectors, exporting its products globally to markets including Japan, the United States, Europe, the Middle East, and the United Kingdom.
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