Aeroflex Industries shares jumped as much as 15% in intraday trade on the BSE on Monday, 12 October, to hit a record high of ₹599.70. Aeroflex Industries share price opened at ₹530.60 compared to its previous close of ₹520.45 and surged 15.2% to hit an all-time high level, looking set to snap its two-day losing run.
The stock witnessed strong buying interest a day after the company announced that a meeting of its board of directors is scheduled to be held on Wednesday, 14 October, to consider and approve its expansion plans, including further capacity enhancements.
Aeroflex manufactures and exports stainless steel flexible flow solutions, specialising in high-quality hoses, assemblies, and engineered products. It serves industries such as data centres, oil and gas, pharmaceuticals, chemicals, power, etc.
In Q1FY27, the company clocked the highest-ever revenue of ₹145.97 crore, rising 72.41% year-on-year (YoY), while profit after tax (PAT) jumped 162.22% YoY to ₹18.79 crore.
EBITDA for the quarter registered a strong 116.38% YoY growth to ₹33.49 crore, while EBITDA margin jumped 468 basis points YoY to 23.04% in the June quarter of the current financial year (Q1FY27).