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Harsha Engineers International shares up 2% on order win from multinational company

04 Aug , 2025   By : Debdeep Gupta


Harsha Engineers International shares up 2% on order win from multinational company

Harsha Engineers International share price added more than 2 percent in the opening trade on August 4 following the company an order for supply of journal bearings / bushings from a leading multinational company.


At 09:17am, Harsha Engineers International was quoting at Rs 418.35, up Rs 10.80, or 2.65 percent, on the BSE.


".... has entered into a long term agreement with a leading multinational company for the supply of journal bearings / bushings to the said group by company and it’s subsidiaries," company said in its exchange filing.


The agreement is worth Rs 117 crore per annum for an initial period of three years.


The meeting of the board of directors of the company is scheduled to be held on to consider and approve standalone and consolidated unaudited financial results for the

quarter ended on June 30, 2025.


The company's wholly owned subsidiary Harsha Engineers Advantek had commence commercial production and invoicing from June 26, 2025 at its newly established plant Ahmedabad, Gujarat.


The share touched a 52-week high of Rs 580.40 and a 52-week low of Rs 330.00 on 07 August, 2024 and 07 April, 2025, respectively.


Currently, the stock is trading 27.92 percent below its 52-week high and 26.77 percent above its 52-week low.


The market capitalisation of the company stands at Rs 3,808.83 crore.


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