10% Upper Circuit: Stock jumps after receiving ₹16 Cr order from Cochin International Airport

During Wednesday’s morning trading session, the shares of a company primarily engaged in providing engineering services for engineering systems hit a 10 percent upper circuit to Rs. 267.2, after securing a purchase order worth Rs. 16.3 crores from Cochin International Airport Limited.

Price Movement

With a market cap of Rs. 167 crores, at 10:26 a.m., the shares of Anlon Technology Solutions Limited were trading in the green at Rs. 267.2 on NSE, up by nearly 0.5 percent, as compared to its previous closing price of Rs. 242.95.

What’s the news

According to the latest regulatory filings with the NSE, Anlon Technology Solutions Limited has received a purchase order valued at around Rs. 16.3 crores from Cochin International Airport Limited.

The order involves the designing, supplying, testing, commissioning and handing over Emergency Response Vehicle, with the project slated for completion within 20 months from the date of acceptance of the purchase order.

Also read: PSU railway stock jumps 10% after receiving ₹555 Cr LoA from Rail Infra Development

Previous Orders

25th January 2025: Anlon Technology Solutions secured an order worth Rs. 11.4 crores from The Directorate of Fire and Emergency Services, Goa, for the fabrication and supply of a 42-meter Turn Table Ladder for fire fighting and rescue operations. 

The ladder will be mounted on a heavy-duty diesel engine chassis of Bharat Benz, Eicher, Tata, Ashok Leyland, or Volvo make 4X2, with a wheelbase between 4800 mm and 5500 mm, and will feature a fully factory-built air-conditioned cabin and a suitable capacity PTO.

30th January 2025: The company bagged an order worth Rs. 4.83 crores from Cochin International Airport Limited for the supply, testing, commissioning, and delivery of a Moss/Algae Cleaning Machine at the airport.

Financials

Anlon Technology Solutions reported a marginal growth in revenue from operations, experiencing a year-on-year rise of nearly 8.3 percent, from Rs. 17.6 crores in H1 FY24 to Rs. 19.06 crores in H1 FY25.

Similarly, its net profit increased during the same period from Rs. 2.22 crores to Rs. 2.55 crores, representing a growth of nearly 15 percent YoY.

About the company

Incorporated in 2015, Anlon Technology Solutions Limited is engaged in the business of providing engineering services, training, consultancy, advisory and research development services for engineering systems, automotive equipment and other related areas.

Written by Shivani Singh

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