India GDP Growth 2026: Economy Beats Forecasts with Strong 7.7% Expansion in FY26; Q4 Grows 7.8%

  India has once again showcased its economic resilience. The country recorded a robust 7.7% GDP growth in fiscal year 2025-26 (FY26), surpassing both the previous year’s 6.5% and the government’s Second Advance Estimate of 7.6%. This performance reaffirms India’s position as the world’s fastest-growing major economy despite global headwinds like geopolitical tensions and volatile crude oil prices. According to provisional estimates released by the Ministry of Statistics & Programme Implementation (MoSPI) on Friday, the Indian economy continues to demonstrate strong momentum. Key Highlights of India’s FY26 GDP Numbers Annual GDP Growth : 7.7% in FY26 (up from 6.5% in FY25) Q4 FY26 Growth : 7.8% (steady from the previous quarter) Real GDP Level : ₹323.12 lakh crore in FY26, compared to ₹299.89 lakh crore (First Revised Estimate) in FY25 Real Gross Value Added (GVA) : Expanded by 7.9% for the full year Nominal GVA : Grew 9.1% in FY26 Q4 GVA Performance : Real GVA a...
0

AZAD Engineering Secures Landmark €90.1 Million Contract with Siemens Energy

 


Azad Engineering, a premier manufacturer of high-precision components, has solidified its position as a key player in the global energy sector by signing a long-term Contract & Price Agreement with Siemens Energy Global GmbH & Co. KG. This strategic partnership entails the manufacturing and supply of mission-critical components, including combustion commodities, cold blades & vanes, machined parts, and assemblies.

A Significant Milestone in Azad’s Growth

The current phase of the contract is valued at €90.1 million (INR 811 Cr) and spans six years, further cementing Azad Engineering's role as a trusted supplier of high-performance turbine components. This agreement strengthens the company’s longstanding collaboration with Siemens Energy and underscores its expertise in producing cutting-edge components for essential industries.

Financial Highlights & Market Position

Azad Engineering’s impressive financial standing further validates its growth trajectory and industry credibility:

  • Market Capitalization: ₹8,390 Cr.

  • Current Price: ₹1,420

  • 52-Week High/Low: ₹2,080 / ₹891

  • Stock P/E: 120

  • Book Value: ₹116

  • Dividend Yield: 0.00%

  • Return on Capital Employed (ROCE): 19.9%

  • Return on Equity (ROE): 12.1%

  • Face Value: ₹2.00

Strengthening the Global Supply Chain

With this new contract, Azad Engineering further establishes itself as a leading precision engineering company, supporting advanced turbine systems that power critical global industries. The collaboration with Siemens Energy reflects Azad’s commitment to innovation, excellence, and supply chain reliability, positioning it among the most valued suppliers in the energy sector.

As the company continues to expand its global footprint, investors and industry stakeholders are keenly watching Azad Engineering’s next growth phase, fueled by strategic partnerships and technological advancements.

Stay tuned for more updates on Azad Engineering’s journey in shaping the future of energy solutions.

Location:Nainital Uttarakhand ,India India

Comments

Post a Comment