India's Affordable Robotic gains after getting order worth 110.6 mln rupees

Affordable Robotic & Automation

17/09/2026 08:44

** Shares of Affordable Robotic & Automation AFFO.NS rise 2.4% to 166.20 rupees
** Industrial machinery and equipment provider says it received a purchase order worth about 110.6 million rupees ($1.15 million) from a domestic customer for supply of a robotic welding line
** Says order is a turnkey project and material is to be delivered by March 2027
** Stock down 17.7% YTD

($1 = 95.8825 Indian rupees)

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))