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Aeroflex Industries increases installed capacity

21 Mar 2024 Evaluate

Aeroflex Industries has increased the installed capacity to 13.5 million meters p.a. and Phase I expansion plan is completed as per the committed timeline. The Phase II expansion plan of the Company is to increase its installed capacity from 13.5 million meters p.a. to 16.5 million meters p.a. The Phase II expansion plan is expected to be completed by December 2024, with an investment of around Rs 39 crore which will be funded through internal accruals.

Aeroflex Industries is engaged in manufacturing of stainless steel, flexible hose with braiding and without braiding and assemblies.


Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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