This stock engaged in design and manufacturing (ESDM) services, bagged an order from a domestic entity, which has boosted investors’ optimism. In this article, we will look at the order announcement.
Price Movement
With a market capitalization of Rs 1,151 crore, the shares of Aimtron Electronics Ltd are currently trading at Rs 564 per share, down by 23 percent from its 52-week high of Rs 730 per share. During the last one year, the stock has given a positive return of 130 percent.
About the announcement
On Thursday, Aimtron Electronics Ltd announced that it secured an order from a domestic entity, for a Turnkey project (design, develop, and equip) of a complete box build worth Rs 128 crores in the Network Security Sector. It is to be executed by 15 months.
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Financial Highlights
The company reported a revenue of Rs 58 crores in H1 FY25, up by 35 percent from its H1 FY24 revenue of Rs 43 crores. It posted a net profit of Rs 11 crores in H1 FY25, up by 57 percent from its H1 FY24 net profit of Rs 7 crores.
It has an ROE and ROCE of 31.3 percent and 34.4 percent respectively and is trading at a P/E of 64.83x as compared to its industry average of 56.85x.
About the company
Aimtron Electronics Limited offers electronics system design and manufacturing (ESDM) services, specializing in high-precision products such as PCB design, assembly, and complete electronic system build. It caters to Indian and international customers, such as the US, UK, Hong Kong, Spain, and Mexico.
Its products find application in healthcare, automotive, gaming, drones, and UAVs. Industrial automation, electric vehicles, IoT, medtech, and robotics are its key domains. The firm operates two manufacturing facilities in Vadodara, Gujarat, and Bengaluru, Karnataka.
Written by Satyajeet Mukherjee
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