New Delhi, Oct. 12 -- Aeroflex Industries shares jumped as much as 15% in intraday trade on the BSE on Monday, 12 October, to hit a record high of Rs.599.70. Aeroflex Industries share price opened at Rs.530.60 compared to its previous close of Rs.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...