India's Unimech Aerospace down; flags US tariff impact on Q2 rev

Unimech Aerospace and Manufacturing

03/10/2025 06:06

** Shares of Unimech Aerospace and Manufacturing Ltd UNIG.NS fall as much as 5% to 989.80 rupees, lowest level since May 14

** Aerospace parts maker says it continues to experience a slowdown in revenues attributable to imposition of U.S. tariffs

** Adds, U.S. tariffs has affected export Q2 rev realization, as customers continue to monitor tariff environment, resulting in delays in order pick-up

** Co says achieving the FY revenue guidance for FY26 may pose challenges

** More than 100,000 shares traded as of 10:29 a.m. IST, more than their 30-day moving avg of 64,769 shares

** UNIG down 24.3% YTD so far

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))