Lock-in Expiry: Defence Stock in Focus After Shares Worth Rs.1,154 Cr Become Eligible for Trading Today
Bengaluru, July 1 -- engaged in manufacturing and supplying precision engineering components, aero tooling, ground support equipment, and complex assemblies for aerospace, defence, energy, and semiconductor industries, is in focus as shares worth nearly Rs. 1,154 crore become eligible for trading following the expiry of the lock-in period today.
With a market capitalization of Rs. 5,868.38 crores, the share of Unimech Aerospace and Manufacturing Limited has reached an intraday low of Rs. 1,148 per equity share, down nearly 2.08 percent from its previous day's close price of Rs. 1,172.35. Since then, the stock has retreated and is currently trading at Rs. 1,153.90 per equity share.
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