Aditya Infotech climbs on executing JV agreement with Orient Cables
Aditya Infotech is currently trading at Rs. 2207.30, up by 107.35 points or 5.11% from its previous closing of Rs. 2099.95 on the BSE.
The scrip opened at Rs. 2149.95 and has touched a high and low of Rs. 2235.40 and Rs. 2125.05 respectively. So far 21056 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 2,235.40 on 17-Apr-2026 and a 52 week low of Rs. 1014.65 on 05-Aug-2025.
Last one week high and low of the scrip stood at Rs. 2235.40 and Rs. 1835.10 respectively. The current market cap of the company is Rs. 26033.38 crore.
The promoters holding in the company stood at 76.91%, while Institutions and Non-Institutions held 14.56% and 8.53% respectively.
Aditya Infotech has executed Joint Venture (JV) Agreement with Orient Cables (India) to form a 50:50 joint venture for the purposes of carrying on the business of manufacturing of electric cables including LAN cables and CCTV cables, terminated assemblies, electric cables, and connectors and allied products, and is subject to completion of customary conditions precedent.
The products manufactured by the JV company shall be supplied to the company and its affiliates, as well as to Orient Cables (India) for further sale to identified customers, in accordance with the terms of the Joint Venture Agreement.
Earlier, the company had entered into a Memorandum of Understanding (MoU) with Orient Cables (India) to capture an understanding between the Parties in order to enter into a 50:50 Joint Venture arrangement.
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