Penny Stock Under Rs 100 Jumps Around 20% After UAV Manufacturing Announcement: Know Details
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Tembo Global Industries share price rallied more than 15 per cent after the company announced that its joint venture will begin manufacturing specialised UAV components, marking a major step into the defence and aerospace supply chain.
✨ Key Takeaways
Tembo Global Industries share price surged more than 15 per cent during Intraday trade on Wednesday, August 5, 2026, after the company announced that its joint venture, JR UAV Ltd, will commence production of specialised components for unmanned aerial vehicle (UAV) systems within the next 90 days.
Production to Begin at Kashidkopar Facility
According to the company, the production will be carried out at its Kashidkopar facility. The manufacturing will begin against confirmed orders received by JR UAV Italy for specialised components used in UAV systems.
Joint Venture to Build Precision UAV Components
JR UAV Ltd is a strategic joint venture between Tembo Global Industries Ltd, JR UAV Europe and JR PROPO Japan. The company said the Kashidkopar facility is being developed as a dedicated manufacturing base for precision components required for unmanned aerial platforms.
The company said the project marks a significant step in its expansion into the Defence and Aerospace manufacturing segment. The company expects the initiative to strengthen its position in the global UAV supply chain while expanding its international presence.
Expands Presence in Defence and Aerospace
The company also stated that the project aligns with the Government of India's 'Make in India' and 'Atmanirbhar Bharat' initiatives by supporting indigenous manufacturing of advanced defence and aerospace systems.
Tembo Global Industries Share Price Performance
Tembo Global Industries Ltd shares opened at Rs 59.70 on the NSE, higher than the previous close of Rs 57.45. Buying momentum gathered pace during the session, with the stock climbing to an intraday high of Rs 68.85, up nearly 20 per cent from the previous close and about 15 per cent above its opening price. The stock later pared some gains but still ended the session at Rs 64.95, up Rs 7.55, or 13.15 per cent, over its previous close.
About Tembo Global Industries Ltd
Incorporated in 2010, Tembo Global Industries Ltd manufactures and assembles metal components for pipe support systems, fasteners, anchors, HVAC systems, anti-vibration systems and equipment used across industrial, commercial, utility and OEM installations. The company also trades in metal products that complement its manufacturing business.
Disclaimer: The article is for informational purposes only and not investment advice.