India, Nov. 12 -- Every aircraft engine and airframe depends on precision tooling and extremely accurate machined parts, and a tiny error is not an option. Global aerospace companies spend years qualifying each supplier before handing over production work. That makes the business slow to enter, but sticky once a supplier is approved.

The Nifty 50 was trading at 25,225.35, down 0.11%. Meanwhile, Sensex also fell 0.08% to 81,8016.15 on Thursday. Meanwhile, shares of Unimech Aerospace and Manufacturing Ltd. were trading at Rs. 1,975.95, up 2.97 percent from previous close of Rs. 1,919.00. The stock opened at Rs. 1,942.00 and reached an intraday high of Rs. 2,025.85 and low of Rs. 1,929.00. The company currently has a market capitalization ...