India's Aeroflex Industries gains on capacity enhancement
14/10/2026 07:23
BUZZ-India's Aeroflex Industries gains on capacity enhancement ** Shares of India's Aeroflex Industries AERO.NS rise 9% to 607.95 rupees
** Metals manufacturer approves capacity enhancement in SS hose and braiding division for 1.24 billion rupees ($13.07 million)
** Co to invest 780 million rupees for capacity enhancement in liquid cooling SFN skid assemblies division
** AERO to complete expansion by March 2028; says investments for both projects will be financed through internal accruals, equity and bridge loan financing** YTD stock has more than tripled
($1 = 94.8875 Indian rupees)
(Reporting by Anushka Rajvedi in Bengaluru)
((mailto: anushka.rajvedi@thomsonreuters.com))
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India's Aeroflex Industries gains on capacity enhancement