Airfloa Rail Technology gains on signing MoU with Janatics Industrial Automation
Airfloa Rail Technology is currently trading at Rs. 256.70, up by 3.50 points or 1.38% from its previous closing of Rs. 253.20 on the BSE.
The scrip opened at Rs. 253.20 and has touched a high and low of Rs. 261.95 and Rs. 253.20 respectively. So far 9000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 431.95 on 20-Oct-2025 and a 52 week low of Rs. 246.00 on 21-Jan-2026.
Last one week high and low of the scrip stood at Rs. 288.75 and Rs. 246.00 respectively. The current market cap of the company is Rs. 627.77 crore.
The promoters holding in the company stood at 54.20%, while Institutions and Non-Institutions held 12.11% and 33.69% respectively.
Airfloa Rail Technology has signed a Memorandum of Understanding (MoU) with Janatics Industrial Automation for the development, supply, and implementation of the Automatic Door Systems (Viz- Automatic Door Systems includes Double leaf Plug Doors for freight EMU, Automatic Single leaf plug Door for freight EMU, Automatic Single leaf plug Door for Vande Bharat, Pocket Sliding Door and Automatic Fire Barrier Door).
Under this MoU, Janatics will be manufacturing and supplying advanced Automatic Door Systems to the company to be used by the company in executing the orders received from Railways as per the terms as agreed between the parties. Janatics will be the technology and Manufacturing partner in respect of Automatic Door System products involving core technologies such as EDCU, Mechanical drive, structure, locking and sealing etc as per all railway approvals. During the subsistence of this MoU, only Airfloa shall participate in the tenders involving Automatic Door System Products (being the Front-end partner responsible for receiving orders). Airfloa will purchase the Automatic Door systems and products covered under this MoU only from Janatics for supplies to be made under the tender.
This strategic MoU provides Airfloa access to an additional door system technology platform, strengthening its product portfolio and enhancing its ability to participate in both standalone component tenders and turnkey railway projects, which are in-line with the Company’s existing profitability framework.
Airfloa Rail Technology is engaged in the manufacturing of components which are used in the rolling stock for the Indian Railways through railway production units like Integral Coach Factory (ICF), other coach factories.
