Airfloa Rail Technology rises on signing MoU with KTK Group Co for PSD projects in India
Airfloa Rail Technology is currently trading at Rs. 574.00, up by 8.45 points or 1.49% from its previous closing of Rs. 565.55 on the BSE.
The scrip opened at Rs. 573.40 and has touched a high and low of Rs. 580.00 and Rs. 573.40 respectively. So far 2000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 593.85 on 21-Sep-2026 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. 580.00 and Rs. 515.00 respectively. The current market cap of the company is Rs. 1355.62 crore.
The promoters holding in the company stood at 54.20%, while Institutions and Non-Institutions held 1.07% and 44.73% respectively.
Airfloa Rail Technology (Airfloa) has signed a Memorandum of Understanding (MoU) with KTK Group Co. to jointly pursue eligible Platform Screen Door (PSD) projects in India. The proposed collaboration is aimed at strengthening the company’s capabilities in railway equipment manufacturing through technology collaboration, domestic production & project execution.
The arrangement brings together KTK Group’s engineering and technical expertise in platform screen door systems with Airfloa’s local project execution capabilities, including project management, installation, testing and commissioning. It also envisages an Indian manufacturing programme led by Airfloa for selected mechanical & electrical components used in full-height platform screen door systems. The collaboration aims to strengthen Airfloa’s manufacturing capabilities in specialised railway equipment while advancing domestic localization.
