Taneja Aerospace & Aviation shines on getting nod to invest upto Rs 20 crore in Altair Infrasec
Taneja Aerospace & Aviation is currently trading at Rs. 417.00, up by 14.45 points or 3.59% from its previous closing of Rs. 402.55 on the BSE.
The scrip opened at Rs. 407.70 and has touched a high and low of Rs. 417.00 and Rs. 392.00 respectively. So far 39696 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 5 has touched a 52 week high of Rs. 425.00 on 20-Jan-2024 and a 52 week low of Rs. 101.50 on 15-Feb-2023.
Last one week high and low of the scrip stood at Rs. 425.00 and Rs. 331.20 respectively. The current market cap of the company is Rs. 1032.01 crore.
The promoters holding in the company stood at 51.23%, while Institutions and Non-Institutions held 0.17% and 48.60% respectively.
Taneja Aerospace & Aviation has received approval for investment upto Rs 20 crore in Altair Infrasec. The business of Altair Infrasec is in line with the Company’s business. The Board of Directors of the company at its meeting held on January 19, 2024, has approved the same.
Taneja Aerospace & Aviation (TAAL) is engaged in the manufacture of general aviation i.e. non-military aircraft.
