Aimtron Electronics Secures Orders Worth Rs. 57.66 Crores in Industrial IoT and AI Sectors
Aimtron Electronics Limited has secured new orders totaling Rs. 57.66 crores within the Industrial (IoT) and Artificial Intelligence (AI) Surveillance Sectors. The company reported receiving these significant contracts, which are classified as turnkey orders.The details regarding the bagging of these major orders are summarized as follows:
| Detail | Description |
|---|---|
| Nature of Order | Turnkey Order |
| Origin of Order | Domestic Entities |
| Sector Focus | Industrial (IoT) & AI Surveillance Sectors |
| Total Value | Rs. 57.66 crores |
| Execution Timeline | Execution is scheduled within 12 months |
The contracts were awarded by domestic entities, and the nature of the order is confirmed as a turnkey arrangement. The broad consideration or size of the secured major orders in Industrial (IoT) & AI Surveillance Sectors stands at Rs. 57.66 crores, with an execution timeline set within 12 months.
The company confirmed that there is no interest held by the Promoter/Promoter Group/Group Companies in the entity that awarded the contract, and the order does not fall within related party transactions.
The information regarding the awarding of these orders is attributed to Aimtron Electronics Limited.
AIMTRON Stock Price Movement
Aimtron Electronics Limited shares are currently trading at ₹864.40, having traded between ₹848 and ₹870.05. The stock is up by ₹3.15, or 0.37%, amid moderate activity with a total traded volume of 11,400 shares.Source:
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