New Delhi, Oct. 1 -- Azad Engineering share price today: Shares of Azad Engineering Limited ended lower on Thursday, October 1, as part of some correction post hitting fresh 52-week high level. The heavy electrical equipment manufacturer scrip has delivered nearly 86% return in six months.

The stock closed nearly 3.5% lower on Thursday after seeing sharp rally over the past few trading sessions. The private defence sector stock has delivered nearly 6.7% return in one week.

The rally in Azad Engineering stock is driven by strategic business expansions, including the recent inauguration of two state-of-the art manufacturing facilities in Hyderabad dedicated to GE Vernova's gas power business.

"The company's growing order book across long...