Azad Engineering block deal: Nomura picks stake worth Rs 66 crore in this smallcap defence stock
- Posted on June 7, 2025
- By Business News Today
- 2 Views
Azad Engineering block deal: Nomura picks stake worth Rs 66 crore in this smallcap defence stock
Nomura acquired over 4.1 lakh shares in Azad Engineering for Rs 66 crore through a block deal at an 8% discount. Despite the investment, Azads stock fell over 5% and remains volatile, underperforming Nifty in 2025.
