Vadodara-based electronics manufacturer Aimtron Electronics Limited has secured turnkey orders worth ₹57.66 crore for industrial IoT (IIoT) and AI-powered surveillance solutions. The contracts are to be executed over the next 12 months.
The order win pushed the company’s stock up 4.09 per cent to ₹910.25 on NSE’s SME Emerge platform on April 9, touching an intraday high of ₹940. The stock has more than doubled over the past year, delivering 113.67 per cent returns against the Nifty SME Emerge index’s 0.21 per cent over the same period. The company’s total market capitalisation stands at ₹1,875.95 crore.
The contracts are expected to strengthen Aimtron’s order book for FY2026-27 and improve capacity utilisation at its Vadodara manufacturing facilities. The company said it would accelerate shopfloor training programmes to meet the specialised technical requirements of IIoT and smart-system integration.
Whole Time Director Sneh Shah said the order reflected customer confidence in Aimtron’s ability to deliver complex, end-to-end manufacturing solutions, adding that the company remains focused on quality delivery and execution as demand grows for IIoT and AI-led systems.
Aimtron, which specialises in electronics system design and manufacturing (ESDM) including ODM, defence electronics, and industrial systems, has been expanding beyond India. The company recently entered the European market and secured its first order there for box-build solutions.
Listed on NSE SME Emerge in June 2024, Aimtron trades at a price-to-earnings ratio of 51.89, with a 52-week range of ₹408 to ₹1,040. Wednesday’s traded volume stood at 0.93 lakh shares, with 57.3 per cent of quantities resulting in delivery, suggesting measured investor conviction rather than purely speculative activity.