Harsha Engineers International is in focus after securing a major order worth ₹117 crore per annum from a leading multinational company. This is a three-year deal for the supply of journal bearings and bushings, signed by the company and its subsidiaries. The contract gives strong revenue visibility and business stability going forward. In another positive update, the company’s wholly owned subsidiary, Harsha Engineers Advantek, started commercial production at its new facility in Ahmedabad, Gujarat, from June 26, 2025. This marks a key milestone in its expansion and operational growth. The company’s Board of Directors is set to meet soon to consider and approve unaudited financial results for Q1 FY26, which may add further momentum to the stock. As of the last trading session, the stock closed at ₹407.55, down ₹7.15 or 1.72%. The share hit a 52-week high of ₹583.70 on August 2, 2024, and a 52-week low of ₹330.00 on April 7, 2025. Currently, the stock is trading 30.18% below its 52-week high and 23.5% above its 52-week low. Harsha Engineers now has a market capitalisation of ₹3,710.50 crore, and with fresh orders and expansion in place, the company is drawing attention from market watchers for its long-term growth potential.

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