Aeroflex Neu zooms on getting nod to invest Rs 3 crore in Stilonn Valves and Controls
Aeroflex Neu is currently trading at Rs. 92.46, up by 8.46 points or 10.07% from its previous closing of Rs. 84.00 on the BSE.
The scrip opened at Rs. 85.70 and has touched a high and low of Rs. 92.46 and Rs. 85.70 respectively. So far 448 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 125.00 on 10-Sep-2025 and a 52 week low of Rs. 58.55 on 16-Mar-2026.
Last one week high and low of the scrip stood at Rs. 94.28 and Rs. 72.00 respectively. The current market cap of the company is Rs. 238.51 crore.
The promoters holding in the company stood at 60.46%, while Institutions and Non-Institutions held 4.51% and 35.03% respectively.
Aeroflex Neu has received approval for the investment in Stilonn Valves and Controls by way of subscribing 2,43,400 equity shares at a price of Rs 123.30 per share, aggregating to Rs 3 crore, in one or more tranches, which is involved in the business of manufacturing and supplying high-precision stainless steel valves and fittings.
The acquisition is aligned with the company’s strategy of combining stable, cash-generating businesses with investments in high-growth opportunities. It is expected to enhance the company’s overall business portfolio and support long-term growth. The said acquisition is to be completed by June 15, 2026. The Board of Directors of the Company at its meeting held on May 18, 2026, has approved the same.
