The shares of a microcap Electronic stock engaged in providing products and solutions for electronics system design and manufacturing services hit a 10% upper circuit in Wednesday’s trade after securing a new order worth Rs 37.62 Crores from an entity in the Automotive Electric Vehicle (EV).
Share Price Movement
The shares of Aimtron Electronics Ltd, with a market capitalization of Rs 869.32 Crores, as of 11:15 am, were trading around Rs 455.6 per share, hitting 10% upper circuit in today’s trading session.
The shares generated a return of 87% since it got listed in June 2024.
Order Details
As per a press release dated February 11, 2025, Aimtron Electronics Ltd has received a new order worth Rs. 37.62 crores from an entity in the Automotive Electric Vehicle (EV) sector, for the Turnkey project of complete box build in the Automotive (EV) sector. The time period by which the Order is to be executed is 12 months.
Financials
The company reported an increase of 34 percent YoY in Revenues, from Rs 43.07 Crores in H1FY24 to Rs 57.7 Crores in H1FY25. Their Net Profits increased by 58% YoY from Rs 7.1 Crores to Rs 11.2 Crores over the same period.
Previous Orders
The Company bagged an order in the Artificial Intelligence Sector worth approximately USD 1.8 million on 2nd December, 2024 and another order worth Rs. 37.70 crores into the Telecommunication Sector on 3rd December 2024.
Electronics System Design & Manufacturing Sector
The Indian Electronics System Design & Manufacturing (ESDM) sector is rapidly expanding and is one of the fastest-growing in the economy. The ESDM market in India is well known internationally for its potential for consumption and has experienced constant growth. It plays a crucial role in the government’s objective of generating US$ 1 trillion in economic value from the digital economy by 2025.
About Aimtron Electronics Ltd
Aimtron Electronics Ltd specializes in designing and manufacturing electronic components, including printed circuit boards and complete electronic assemblies. With its global headquarters and main manufacturing facility in the United States, the company perfects all processes in the USA before implementing them in India.
Written By Adhvaitha Nayani
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