Unimech Aerospace moves up as its arm executes long-term agreement with Honeywell Aerospace
Unimech Aerospace and Manufacturing is currently trading at Rs. 1577.00, up by 14.95 points or 0.96% from its previous closing of Rs. 1562.05 on the BSE.
The scrip opened at Rs. 1544.70 and has touched a high and low of Rs. 1,630.00 and Rs. 1544.70 respectively. So far 268 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1900.00 on 06-Oct-2026 and a 52 week low of Rs. 695.05 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1812.25 and Rs. 1460.05 respectively. The current market cap of the company is Rs. 7951.15 crore.
The promoters holding in the company stood at 79.75%, while Institutions and Non-Institutions held 5.66% and 14.59% respectively.
Unimech Aerospace and Manufacturing’s wholly owned subsidiary -- Innomech Aerospace Toolings has executed a long-term agreement with Honeywell Aerospace US LLC (Honeywell Aerospace) for the manufacture and supply of precision components and assemblies for aero-engine and control system applications.
The agreement represents a significant expansion of the company’s aerospace manufacturing portfolio into precision components and assemblies for aero-engine and control system applications, complementing the company’s existing participation in aerostructure components and assemblies. These applications demand stringent precision, robust process controls, rigorous quality assurance and consistent supply reliability.
The agreement is effective from April 1, 2026 and remains in effect until November 1, 2036, unless extended or terminated in accordance with its terms. It provides the contractual framework under which Honeywell Aerospace may issue purchase orders and/or statements of work to Innomech Aerospace Toolings from time to time.
The development further strengthens the company’s presence across the global aerospace manufacturing value chain, spanning aero-tooling, aerostructures, aero-engine and control systems-related precision components and assemblies, and complex precision manufacturing solutions.
