Taneja Aerospace moves up on getting nod to invest in TAAL Precision Products
Taneja Aerospace & Aviation is currently trading at Rs. 323.00, up by 1.25 points or 0.39% from its previous closing of Rs. 321.75 on the BSE.
The scrip opened at Rs. 320.15 and has touched a high and low of Rs. 327.70 and Rs. 318.00 respectively. So far 2040 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 380.00 on 13-Oct-2025 and a 52 week low of Rs. 190.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 365.00 and Rs. 306.50 respectively. The current market cap of the company is Rs. 814.87 crore.
The promoters holding in the company stood at 52.03%, while Non-Institutions held 47.97% stake in the company.
Taneja Aerospace & Aviation has received approval to invest in TAAL Precision Products (TPPPL), representing 100% of its paid-up share capital, with the objective of enhancing its aerospace manufacturing capabilities. Upon completion of the investment/acquisition, TPPPL will become a wholly owned subsidiary of the company.
The Board of Directors of the company, at its meeting held on October 12, 2026, has approved the same.
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