DIIs sold 9,000 shares & 58% returns from 52-week low: Engineering stock jumps 13.62% as Board is likely to announce bonus shares!

DSIJ Intelligence-1 / 16 Jul 2025/ Categories: Bonus and Spilt Shares, Mindshare, Trending

DIIs sold 9,000 shares & 58% returns from 52-week low: Engineering stock jumps 13.62% as Board is likely to announce bonus shares!

The stock is up by 58 per cent from its 52-week low of Rs 251.05 per share.

Aaron Industries Ltd informed that a Meeting of the Board of Directors of the company is scheduled to be held on Wednesday, July 23, 2025, at the Registered Office of the Company, to consider and approve, inter alia, the following businesses:

  1. Appointment of the secretarial auditor of the company.
  2. Increase in authorised share capital of the company.
  3. Proposal for issue of bonus shares, under the applicable provisions of the Companies Act, 2013 (including the rules framed thereunder), and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
  4. Directors’ Report along with annexures for the Financial Year 2024-25.
  5. To decide the date, time, and venue for the 12th Annual General Meeting of the company and approve the draft Notice of AGM.
  6. Any other agenda items with the permission of the chair.

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Aaron Industries Ltd, established in 2013, is a pioneering public limited company in the elevator industry, uniquely listed on the NSE SME platform. The company specialises in manufacturing elevators, elevator parts such as Autodoors (including ADS 2 PnL) and various Elevator Cabins (Stainless Steel, Mild Steel and Premium) and Stainless-Steel press plates. Beyond elevator-related products, Aaron Industries Ltd also diversifies its offerings to include designer sheets (full panel and seamless designer sheets) and is involved in the stainless-steel polishing business.

On Wednesday, shares of Aaron Industries Ltd jumped 13.62 per cent to an intraday high of Rs 397 per share from its previous closing of Rs 349.40 per share. The company has a market cap of Rs 400 crore and DIIs sold 9,00 shares and decreased their stake to 0.43 per cent in June 2025 compared to March 2025. The stock is up by 58 per cent from its 52-week low of Rs 251.05 per share.

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