Newly-listed Azad Engineering shares rallied 10% to hit a new 52-week high of Rs 729.4 in Monday s trade on BSE after the firm won a big order from Rolls-Royce for critical engine part supply for defence business. The stock was trading 7.6% higher at Rs 727.7 on BSE. The IPO of Azad Engineering received a good response from investors with 80.6 times subscription at close. The company is one of the key manufacturers of qualified product lines supplying global original equipment manufacturers in the aerospace and defence, energy, and oil and gas industries.