Ashish Kacholia stock engaged in providing electronics system design and manufacturing services, hit a 5 percent upper circuit in the day’s trade upon declaring a 72 percent jump in Net Profits in Q2FY25.
Price Action
With a market capitalization of Rs. 1,039 Crores, the shares of Aimtron Electronics Limited hit a 5 percent upper circuit at Rs. 509.15 per equity share, from the previous day’s close price of Rs. 484.95.
What Happened
Its revenue from operations half yearly grew by 34 percent YoY from Rs. 43.06 Crores in H1FY24 to Rs. 57.68 Crores in H1FY25 and it grew by 16 percent HoH from Rs. 49.9 Crores in H2FY24 to Rs. 57.68 Crores in H1FY25.
Its net profit half yearly grew by 58 percent YoY from Rs. 7.1 Crores in H1FY24 to Rs. 11.18 Crores in H1FY25 and it grew by 72 percent HoH from Rs. 6.49 Crores in H2FY24 to Rs. 11.18 Crores in H1FY25.
Ace Investor
Ace Investor Ashish Kacholia has made a fresh position in Aimtron Electronics Limited by purchasing a 1.1 percent stake in the company consisting of ~2.26 Lakh equity shares.
About the Company
Aimtron Electricals Limited is engaged in providing End-to-end support from conceptualization through design engineering, and prototyping, to turnkey manufacturing of products and solutions for electronics system design and manufacturing (“ESDM”) services, with a focus on high-value precision engineering products.
It offers PCB design, assembly, and complete electronic system manufacturing for domestic and global manufacturers. It serves across sectors like industrial automation, electric vehicle mobility, IoT, embedded systems, medical technology, wearables, gaming, robotics, and more.
Written by: Bharath K.S
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