Taneja Aerospace and Aviation soars on receiving order from Bharat Electronics
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Taneja Aerospace & Aviation is currently trading at Rs. 615.95, up by 18.40 points or 3.08% from its previous closing of Rs. 597.55 on the BSE.
The scrip opened at Rs. 644.80 and has touched a high and low of Rs. 644.80 and Rs. 613.10 respectively. So far 76344 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 5 has touched a 52 week high of Rs. 655.00 on 27-Jun-2024 and a 52 week low of Rs. 185.25 on 05-Jul-2023.
Last one week high and low of the scrip stood at Rs. 644.80 and Rs. 590.00 respectively. The current market cap of the company is Rs. 1523.78 crore.
The promoters holding in the company stood at 52.30%, while Institutions and Non-Institutions held 0.16% and 47.53% respectively.
Taneja Aerospace and Aviation (TAAL) has received an order from Bharat Electronics, Hyderabad for Aircraft modification / installation of SARANG system on Kamov-31 for 12 Nos. total basic order value is Rs 14.48 crore. The said order is expected to be executed over the next three years.
Taneja Aerospace & Aviation (TAAL) is engaged in the manufacture of general aviation i.e. non-military aircraft.
