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2026-11-03 12:56:58 pm | Source: Accord Fintech
IZMO zooms as its arm develops, qualifies indigenous Pitch Detector for Defence Avionics
IZMO zooms as its arm develops, qualifies indigenous Pitch Detector for Defence Avionics

IZMO is currently trading at Rs. 786.40, up by 96.75 points or 14.03% from its previous closing of Rs. 689.65 on the BSE.

The scrip opened at Rs. 704.70 and has touched a high and low of Rs. 806.10 and Rs. 686.30 respectively. So far 25780 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1178.00 on 17-Jul-2026 and a 52 week low of Rs. 565.10 on 01-Feb-2026.

Last one week high and low of the scrip stood at Rs. 806.10 and Rs. 666.90 respectively. The current market cap of the company is Rs. 1,178.05 crore.

The promoters holding in the company stood at 34.75%, while Institutions and Non-Institutions held 3.27% and 61.98% respectively.

IZMO’s semiconductor subsidiary -- izmo Microsystems has successfully developed and completed defence qualification of an indigenous Pitch Detector - a critical avionics component that senses aircraft pitch attitude and provides correction data to the gyromagnetic compass navigation system. The component is used across multiple military aircraft and helicopter platforms currently in active service. 

izmo Microsystems successfully reengineered the original component without access to its design documentation, redesigned the electronics using modern technology, and manufactured a fully compatible replacement in India. The component was developed and manufactured at the company’s DSIR recognised advanced semiconductor packaging facility in Bangalore, and successfully qualified to military reliability standard MIL-PRF-38534.

The achievement demonstrates izmo Microsystems’ ability to undertake complete product development programs, from design and engineering through manufacturing and qualification. These integrated capabilities position the company to address a wider range of defence and aerospace indigenization opportunities, particularly where imported components are obsolete, difficult to procure or no longer supported by their original manufacturers. The development also reflects the growing maturity of izmo Microsystems’ technology platform, which combines advanced electronics design with high reliability semiconductor packaging and manufacturing. These capabilities support the company’s activities across defence, aerospace, silicon photonics and other advanced semiconductor applications.

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