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Ai stock in focus after it receives order for 2 autonomous mobile robots

News by Aliceblue News Desk

11 Feb 2025

Ai stock in focus after it receives order for 2 autonomous mobile robots

Introduction:

AI stock secured an international contract for supplying two Autonomous Mobile Robots (AMR) to a UAE-based entity. This deal strengthens its presence in robotics and automation, showcasing its ability to deliver advanced AI-driven solutions for industrial automation on a global scale.

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Share Price movement of Kody Technolab:

On February 10, 2025, Kody Technolab Ltd opened at ₹1,244.00, reaching a high of ₹1,245.00 and a low of ₹1,160.00, down 2.60% from its previous close of ₹1,236.45. Currently, it is trading at ₹1,204.30, with a market cap of ₹1,535.19 crore.

Kody Technolab receives order:

Kody Technolab Limited has secured a work order from Sobha Advanced Industries LLC OPC for the procurement of two Autonomous Mobile Robots (AMR). This international order will be fulfilled by the company’s authorized dealer in the United Arab Emirates (UAE) within 45 days.

As per SEBI regulations, the contract is international, involving the supply of two AMRs. The procurement follows standard business terms, ensuring smooth execution. The order does not involve any promoter or group company interests, maintaining transparency in business operations while expanding the company’s global presence.

This achievement highlights Kody Technolab’s growing expertise in robotics and automation. Securing an international contract strengthens its market position, demonstrating its capability to meet global technological demands. The deal further enhances its portfolio in advanced robotics solutions for industrial automation.

Also Read: Agrochemical stock falls 11% after its net profit decreases by 85.87% QoQ

Ace investor holding of  Kody Technolab:

An ace investor Shaileshkumar Ishwarbhai Patel holds 74,300 shares of Kody Technolab Ltd at a current price of ₹1,204.30, with a total holding value of ₹8.9 crore. The investor’s stake was 1.17% in September 2024, with the latest filing update still awaited.

Stock performance of Kody Technolab for Period of 1 week, 6 months and 1 year:

Kody Technolab’s stock declined 5.44% over the past week, reflecting short-term volatility. Over six months, it dropped 31.6%, indicating a significant downturn. However, on a yearly basis, the stock delivered an impressive 152% return, showcasing strong long-term growth despite recent fluctuations.

Also Read: Fertilizer stock falls 5% after its net profit decreases by 70% YoY

Shareholding pattern of Kody Technolab:

SummaryDec – 24Sep-24Mar-24
Promoter 73.00%73.00%73.00%
FII0.00%0.00%0%
DII 0.00%0.00%0%
Public27.00%27.00%27.00%
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About Kody Technolab:

Kody Technolab Ltd is a technology-driven company specializing in software development, AI solutions, and autonomous robotics. It focuses on innovative automation for industries, offering cutting-edge Autonomous Mobile Robots (AMRs) and AI-powered solutions to enhance efficiency, productivity, and industrial operations globally.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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