The shares of a vertically integrated defence electronics solutions provider catering to the indigenously developed defense products industry in India hit a 5 percent upper circuit after the promoter of the company increased stake in the company.
Price Action
The shares of C2C Advanced Systems Ltd, with a total market capitalization of Rs 499.24 Crore on Monday, hit a 5 percent upper circuit at Rs 304.75 per share in today’s trade. As of 10:00 am, the shares slightly retreated and were trading at Rs 303 per share, which was 4.4 percent higher than the previous closing price of Rs 290.25.
What Happened
P V R Multimedia Private Limited, a Promoter of the Company, acquired 600 Equity shares on March 10, 2025, an additional 3000 equity shares the next day, and a subsequent 1,800 shares on March 11, 2025, totalling to 5,400 shares of the company, through open market transactions.
As a result, the aggregate shareholding of the Promoter group has increased from 40.79 percent to 40.82 percent of the total paid-up equity share capital of the Company. As of December 2024, P V R Multimedia Private Limited holds a stake of 21.89 percent in C2C Advanced Systems Ltd.
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Key Ratios
The company has a D/E ratio of 3.95, and their P/E ratio is 38.96, which is less than the industry average of 44.35. It has an ROE of 114.03 percent with an ROCE of 23.92 percent. The company has a strong 1-year CAGR for Revenue at 410 percent, Net Profits at 331 percent, and Operating Profit at 381 percent.
Ace Investors’ Holdings
As of December 2024, ace investor Mr. Ashish Kacholia holds a 2.59 percent stake in C2C Advanced Systems Ltd, while another ace investor, Mr. Mukhul Aggarwal, owns a 1.86 percent stake in the company.
About C2C Advanced Systems Ltd
C2C Advanced Systems Ltd is a technology-driven company specializing in sensor data intelligence and smart solutions for defense and enterprise sectors. The company focuses on delivering cutting-edge products and professional services, leveraging technologies such as AI/ML, big data analytics, IIoT, and embedded systems. Their specialties include strategy, governance, compliance & architecture, managed services, threat & vulnerability management, and identity & access management.
Written By Adhvaitha Nayani
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