Why investors are bullish on Vascon Engineers, Azad Engineering

Two engineering stocks have gained investors attention on Monday on the back of significant order wins. Vascon Engineers rallied near its 52-week high after the company inked a pact with Adani Infrastructure, while Azad Engineering had signed a contract with a Japanese company Mitsubishi Heavy Industries (MHI), valued at approximately ₹651 crore, to be executed over five years.