Introduction
Leading electric mobility firm has leased a Bengaluru facility from Azad Coach Builders for five years, enabling manufacturing and assembly of electric bus components with capacity for large-scale production and expansion.
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Share price movement of Azad India Mobility
On September 29, 2025, Azad India Mobility Ltd opened at ₹137.00, up 4.66% from its previous close of ₹130.90. The stock reached a high of ₹137.40 and a low of ₹136.95. By 1:53 PM, it traded at ₹137.40, a 4.97% increase, with a market cap of ₹556.38 crore.
Azad India Mobility Leases Bengaluru Facility for E-Buses
Azad India Mobility Limited (Formerly known as Indian Bright Steel Co Limited) has approved a five-year lease with Azad Coach Builders Private Limited for land, plant, and machinery at Mysore Road, Bengaluru, for manufacturing electric bus components.
The leased facility spans 8,094 sq. meters with a monthly rent of ₹25.50 lakh plus GST. The arrangement, a related party transaction, enables assembly, production, and large-scale electric bus manufacturing.
Stock performance of Azad India Mobility for Period of 1 week, 6 months, and 1 year
Azad India Mobility Ltd delivered a negative return of 3.29% over the past week, declined 6.27% in the past six months, and fell 30.0% over the past year.
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Shareholding pattern of Azad India Mobility
| Particulars | Aug 2025 | Jun 2025 | Mar 2025 |
| Promoter | 15.50% | 3.60% | 4.10% |
| FII | 48.90% | 65.70% | 64.80% |
| DII | 0.00% | 0.00% | 0.00% |
| Public | 35.60% | 30.70% | 31.10% |
About Azad India Mobility
Azad India Mobility Ltd (BSE: 504731), incorporated in 1960, focuses on manufacturing, assembling, and trading electric vehicles, including buses, cars, rickshaws, vans, scooters, cycles, and other battery-powered mobility solutions.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
A: Azad India Mobility Ltd’s share price rose after leasing a Bengaluru facility to manufacture and assemble electric bus components.
A: Azad India Mobility Ltd specializes in manufacturing, assembling, and trading electric vehicles, including buses, cars, rickshaws, vans, scooters, and other battery-powered vehicles.
A: Azad India Mobility Ltd has a market capitalization of approximately ₹556.38 crore as of September 29, 2025.


