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Electronics manufacturing stock jumps 4% after receiving order to supply printed circuit boards worth ₹53.8 Cr

News by Aliceblue News Desk

10 Mar 2025

Electronics manufacturing stock jumps 4% after receiving order to supply printed circuit boards worth ₹53.8 Cr

Introduction:

Electronics manufacturing stock has secured purchase orders worth ₹53.87 Crores from domestic and international customers. The orders, for assembling PCBs, will be executed over the next 12-18 months, showcasing the company’s strong market demand and ability to manage large-scale projects.

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Share Price movement of Vinyas Innovative Technologies:

On March 10, 2025, Vinyas Innovative Technologies Limited opened at ₹750.00, reaching a high of ₹768.75 and a low of ₹740.00, up 4% from its previous close of ₹737.60. The stock is currently trading at ₹765.00, with a market cap of ₹962.73 crore.

Vinyas Innovative Technologies received order:

Vinyas Innovative Technologies Limited has secured purchase orders from various domestic and international customers, totaling ₹53.87 Crores. These orders are for the manufacture and supply of assembled PCBs, reflecting the company’s strong market demand.

The orders will be executed over the next 12 to 18 months, emphasizing the company’s capacity to deliver large-scale projects. The contracts were awarded on standard terms and conditions, and none of the promoters or related parties have any involvement in these transactions.

The company confirmed that the awarded orders are not related-party transactions, ensuring transparency. Details of these orders will be made available on the company’s website, ensuring accessibility and openness to stakeholders.

Also Read: Infra stock jumps after it receives order worth ₹11 Cr from Bhavnagar Municipal Corporation

Stock performance of Vinyas Innovative Technologies for Period of 1 week, 6 months and 1 year:

Vinyas Innovative Technologies’ stock has surged 15.9% over the past week, indicating strong short-term growth. However, it has experienced a 20.7% decline over the last six months, reflecting longer-term challenges. Over the past year, the stock has gained 10.9%, showing overall positive growth.

Shareholding pattern of Vinyas Innovative Technologies:

SummarySep-24Jun-24Mar-24
Promoter 29.40%29.40%29.40%
FII0.00%0.00%0.00%
DII 2.80%2.80%3.20%
Public67.90%67.80%67.40%
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Also Read: Electric equipment stock falls 4% after promoters sell 2.37% stake in the company

About Vinyas Innovative Technologies:

Vinyas Innovative Technologies is a leading player in the electronics manufacturing sector, specializing in PCB assembly and other electronic solutions. The company focuses on providing high-quality, reliable products to both domestic and international markets, with a commitment to technological innovation.
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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