During Friday’s trading session, the shares of a leading provider of design, engineering and electronics manufacturing services (EMS) surged nearly 2.5 percent on NSE, after securing a purchase order worth Rs. 53.7 crores for the supply of PCBA (Printed Circuit Board Assembly).
Price Movement
With a market capitalisation of Rs. 845.8 crores, the shares of Vinyas Innovative Technologies Limited moved up by nearly 2.5 percent to hit an intraday high at Rs. 694 on NSE, as against its previous closing price of Rs. 677.
What’s the News
Vinyas Innovative Technologies Limited has announced receiving purchase orders from various undisclosed domestic & international customers worth Rs. 53.74 crores for the manufacture and supply of PCBA (Printed Circuit Board Assembly) which is scheduled to be executed in 24 months.
Previous Orders
23rd December 2024: Vinyas Innovative Technologies bagged an order worth Rs. 390 crores from an undisclosed domestic customer.
6th February 2025: The company secured an order worth Rs. 89.25 crores from Alpha Design Technologies Pvt Ltd and various other Domestic & international Customers for the manufacture and supply of PCBA and electronic assemblies.
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Financials
Vinyas Innovative Technologies reported a marginal growth in its revenue from operations, showing a year-on-year rise of 9.5 percent from Rs. 137 crores in H1 FY24 to Rs. 150 crores in H1 FY25.
Similarly, its net profit increased during the same period from Rs. 6 crores to Rs. 7 crores, indicating a slight growth of around 16.7 percent YoY.
About the Company
Incorporated in 2001, Vinyas Innovative Technologies Limited is engaged in the business of providing design, engineering and electronics manufacturing services (EMS) catering to global Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs) in the Electronic Industry.
Written by Shivani Singh
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