Centum Electronics shines on joining hands with Indra Air Traffic Inc
Centum Electronics is currently trading at Rs. 2388.00, up by 109.15 points or 4.79% from its previous closing of Rs. 2278.85 on the BSE.
The scrip opened at Rs. 2273.25 and has touched a high and low of Rs. 2435.00 and Rs. 2186.95 respectively. So far 1647 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3045.95 on 05-Sep-2025 and a 52 week low of Rs. 1140.15 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 2435.00 and Rs. 2116.55 respectively. The current market cap of the company is Rs. 3518.99 crore.
The promoters holding in the company stood at 46.99%, while Institutions and Non-Institutions held 21.99% and 31.03% respectively.
Centum Electronics has entered into a teaming agreement with Indra Air Traffic Inc, a global leader in defence, air traffic and space technologies, to jointly develop and manufacture advanced air navigation systems for the Indian naval forces. This partnership underscores the company’s continued commitment to innovation and strengthening India’s defence manufacturing ecosystem.
Under the agreement, the company and Indra will collaborate to manufacture state-of-the-art air navigation systems in India, leveraging the company’s strong engineering, R&D, and high-reliability manufacturing capabilities together with Indra’s global expertise and advanced technology solutions. The partnership is expected to strengthen operational readiness and provide mission-critical, cutting-edge systems to India’s armed forces.
Centum Electronics is basically engaged in designing and manufacturing of advanced electronics systems, subsystems, and components.
