Rossell Techsys surges on initiating capacity expansion within existing premises
Rossell Techsys is currently trading at Rs. 602.30, up by 14.00 points or 2.38% from its previous closing of Rs. 588.30 on the BSE.
The scrip opened at Rs. 581.00 and has touched a high and low of Rs. 609.00 and Rs. 570.00 respectively. So far 17067 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 645.65 on 08-Aug-2025 and a 52 week low of Rs. 231.50 on 18-Mar-2025.
Last one week high and low of the scrip stood at Rs. 645.65 and Rs. 570.00 respectively. The current market cap of the company is Rs. 2276.87 crore.
The promoters holding in the company stood at 74.80%, while Institutions and Non-Institutions held 3.90% and 21.30% respectively.
Rossell Techsys has initiated capacity expansion within its existing premises to support the execution of significant orders across multiple programs. The company is expanding its production capacity. This initiative is closely aligned with the company’s long-term growth strategy. The proposed capacity addition is expected to be completed by Q3 FY 2025-26 and will be financed through internal accruals. Investment required for the proposed capacity addition is Rs 1.50 crore.
Rossell Techsys is a leading supplier of high-quality components, providing essential parts for the aerospace, military and defense industry.
