Affordable Robotic zooms as its arm secures Conditional Approval from US Department of War
Affordable Robotic & Automation is currently trading at Rs. 168.00, up by 12.05 points or 7.73% from its previous closing of Rs. 155.95 on the BSE.
The scrip opened at Rs. 153.00 and has touched a high and low of Rs. 171.50 and Rs. 153.00 respectively. So far 14540 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 262.00 on 03-Nov-2025 and a 52 week low of Rs. 120.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 171.50 and Rs. 140.05 respectively. The current market cap of the company is Rs. 213.25 crore.
The promoters holding in the company stood at 45.69%, while Institutions and Non-Institutions held 0.80% and 53.51% respectively.
Affordable Robotic & Automation’s subsidiary -- ARAPL RaaS (Humro) has secured Conditional Approval from the US Department of War (DoW). ARAPL RaaS (Humro) is among the first few robotics companies globally and the only Indian company to receive this approval following the introduction of the US government's revised regulatory framework for foreign-produced advanced robotic devices.
The approval covers ARAPL RaaS's (Humro) Maia2000 autonomous pallet trucks (V1, V3 and V4) and its Atlas AC2000 autonomous forklifts (V1, V2 and V4). The FCC has included these products in its list of advanced robotic devices granted Conditional Approval, exempting them from the FCC's Covered List restrictions.
For ARAPL RaaS (Humro), the approval represents an important step towards strengthening its presence in the US market and expanding the reach of its autonomous material-handling solutions. With growing adoption of automation across warehouses, manufacturing facilities and logistics operations, autonomous pallet trucks and forklifts are increasingly relevant to businesses seeking greater operational efficiency, productivity and safer material movement.
