Shares of jumped nearly 8 per cent on Tuesday. The company announced it had signed a long-term supply agreement with Austria-based FACC Operations GmbH, a leading aerospace Tier-1 supplier.
The stock touched an intraday high of ₹1,200.50, up 7.93 per cent from the previous close of ₹1,091.40, before settling around ₹1,178 by mid-afternoon trade. Trading volume stood at 2.10 lakh shares with a traded value of ₹24.40 crore, as the company’s market capitalisation rose to ₹5,978.74 crore.
Unimech said the agreement covers the manufacture and supply of precision-engineered aerospace components and flying parts. The contract was awarded following a competitive global sourcing process involving international suppliers.
The company said the deal followed a multi-year engagement that included technical evaluations, capability assessments, quality reviews and commercial negotiations. Unimech will now undergo a qualification and industrialisation phase over the coming quarters, including first article approvals and process validations, before moving to serial production.
Chairman and Managing Director Anil Kumar Puttan said the agreement reflected confidence from global aerospace customers in the company’s engineering and manufacturing capabilities, calling it a step that strengthens Unimech’s Precision Components & Parts business. FACC’s Executive Vice President of Procurement, Thomas Kraus, said Unimech had demonstrated the technical capability and quality systems required to support FACC’s aerospace programmes.
Unimech, headquartered in Bengaluru, serves aerospace, defence, energy, semiconductor and industrial sectors, with customers across North America, Europe and Asia. It was listed on the exchanges on December 31, 2024.
Despite Tuesday’s rally, the stock remains down 10.77 per cent over the past year, though it has gained nearly 27.38 per cent year-to-date. The stock’s 52-week high of ₹1,340 was recorded on June 30, 2025, against a low of ₹695 on March 30, 2026. The company’s price-to-earnings ratio stood at 87.15.