Synopsis:
TechEra Engineering bagged a Rs. 4.66 crore PSU order for aviation MRO equipment, while Mason Infratech secured a Rs. 30.71 crore construction contract for the SKYMARQ HELIOS project from Cadcons Icons LLP.
During Monday’s trade, shares of TechEra Engineering (India) Limited and Mason Infratech Limited were in focus following fresh order announcements disclosed through regulatory filings on the NSE.
Both companies reported securing significant contracts that highlight their growing presence in their respective sectors – aerospace engineering and infrastructure development.
1. TechEra Engineering (India) Limited
At 10:15 a.m., the stock was trading in the red at Rs. 231 on NSE, down by around 2.2 percent, as against its previous closing price of Rs. 236.15, with a market cap of Rs. 381.6 crores.
According to the latest regulatory filings with the NSE, TechEra Engineering secured an order worth nearly Rs. 4.66 crores from a renowned PSU company for the supply of MRO-related ground support and maintenance equipment for aviation applications. This commercial order is expected to be executed in 60 days.
TechEra Engineering (India) Limited is engaged in the business of undertaking projects involving the designing and manufacturing of tooling and automation systems for the defence and aviation industry.
The company’s business operations can be broadly categorised into four key segments. It is engaged in the design and manufacturing of tooling (fixtures) used in the production of aircraft, light combat aircraft, fighter jets, and helicopters.
TechEra also specialises in the manufacturing of flying parts, including machining components and press parts. In addition, it undertakes the manufacturing of MRO (Maintenance, Repair, and Overhaul) tooling and ground support equipment, supporting the operational needs of the aerospace sector.
Furthermore, the company is involved in the design and manufacturing of automation systems and related solutions, enhancing efficiency and innovation across its product lines.
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2. Mason Infratech Limited
At 10:15 a.m., the stock was trading in the green at Rs. 209.75 on NSE, up by around 3 percent, as against its previous closing price of Rs. 204.15 , with a market cap of Rs. 368.6 crores.
According to the latest regulatory filings with the NSE, Mason Infratech Limited has received an order valued at around Rs. 30.71 crores from Cadcons Icons LLP for the construction and civil works of the SKYMARQ HELIOS project. The scope of work includes the development of six basement levels, a ground and stilt level, and thirteen upper floors. This order is expected to be executed in 20 months.
Mason Infratech Limited is mainly engaged in the business of infrastructure and construction of residential buildings/commercial complexes, and activities in Maharashtra. On that basis, the company has only one reportable business segment – Construction. Mason Infra operates in only one geographical segment – within India.
Written by Shivani Singh
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