FIIs bought 1,95,600 shares & DIIs bought 4,26,600 shares: Firefighting PPEs manufacturer bags new order worth Rs 1,50,00,000 from Guwahati International Airport Ltd

The shares of the company have an ROE of 17 per cent and an ROCE of 22 per cent.

Anlon Technology Solutions Limited has received a domestic order from Guwahati International Airport Limited to supply Rosenbauer make firefighting PPEs. The order, valued at Rs 1.50 crore excluding GST, is detailed in PO No 4500377922, dated 30.09.2024. The PPEs must be delivered within 16 to 18 weeks from the date of the confirmed purchase order.

On Tuesday, shares of Anlon Technology Solutions Limited gained 3.47 per cent to Rs 413.90 per share with an intraday high of Rs 414 and an intraday low of Rs 407.90 per share. The stock is up by 99 per cent from its 52-week low of Rs 208 per share.

Anlon Technology Solutions Limited, established in 2015, is a leading provider of engineering services specializing in automotive chassis-based systems for airports, high-rise buildings and refineries. The company offers a comprehensive range of services, including engineering services, design, fabrication, installation, maintenance and service for various products.

Anlon's core business segments encompass engineering services, which generate revenue through the sale of equipment, spare parts trading and maintenance and service. Additionally, the company provides designing, fabrication and installation services, as well as maintenance and service for the products it sells. The company's services cater to a wide range of industries, including airports, high-rise buildings, refineries and more. With a strong geographical presence, Anlon has AMCs with all major airports in India and serves clients in major cities like Delhi, Mumbai, Hyderabad, Bangalore and Chennai.

According to the financials, the company has a market cap of Rs 259 crore. The shares of the company have an ROE of 17 per cent and an ROCE of 22 per cent. In its half-yearly results and annual results, the company reported positive numbers. In Q1FY25, FIIs bought 1,95,600 shares and increased their stake to 6.29 per cent compared to a 3.53 per cent stake and DIIs took a fresh entry and bought 4,26,600 shares or 6.02 per cent stake in the company.

Disclaimer: The article is for informational purposes only and not investment advice.