Rossell Techsys Ltd reports Positive Stock Momentum Amid Optimistic Outlook Following Demerger and Re-Listing

Rossell Techsys Limited, a leading player in aerospace and defense engineering and manufacturing solutions, is pleased to announce strong stock performance following its recent re-listing on the stock exchanges after a demerger from its parent company, Rossell India Ltd. This development highlights the market's positive response and growing investor confidence in the company's future growth potential.

The re-listing and demerger mark a significant milestone for Rossell Techsys Ltd., positioning the company to capitalise on new opportunities and drive focused growth. The robust stock performance is a testament to the keen interest and trust that investors and market participants have shown in Rossell Techsys' strategic direction and commitment to excellence. The company aims to harness new opportunities in the aerospace and defence sectors while diversifying into cutting-edge domains such as space, energy, and advanced transportation technologies.

Commenting on the achievement, Mr. Harsh Gupta, Chairman, said: "Our journey as an independent entity opens new doors of opportunity. The strong market response reaffirms our strategy and vision for the future. We are committed to creating long-term value for our shareholders by maintaining our focus on innovation, operational excellence, and ethical practices."

Mr. Rishab Gupta, Managing Director, added: "We are delighted to witness this strong investor response and positive market sentiment. This support motivates us to continue driving innovation, delivering high-quality solutions, and creating value for our stakeholders. We remain committed to leveraging our strengths and pursuing sustainable growth across all our business areas."

Rossell Techsys is a global leader in aerospace and defense, renowned for delivering worldclass solutions. It is Asia's only A&D firm with 45 audited processes and the prestigious NADCAP AC7121 certification. The first Indian A&D company to win Boeing's "Supplier of the Year" award in 2015, it repeated the honor in 2019-an achievement unmatched by any other Indian private company. With over 25 accolades in 12 years, Rossell Techsys continues to set benchmarks in quality and innovation.

With an aggressive double-digit global growth strategy, Rossell Techsys Ltd. aims to achieve significant expansion and strengthen its market position over the next five years. The company will focus on both organic and inorganic growth opportunities, domestically and internationally, ensuring it remains at the forefront of innovation and market leadership.

Shares of Rossell Techsys Limited was last trading in BSE at Rs. 495.50 as compared to the previous close of Rs. 521.55. The total number of shares traded during the day was 6526 in over 112 trades.

The stock hit an intraday high of Rs. 495.50 and intraday low of 495.50. The net turnover during the day was Rs. 3233633.00.

Source : Equity Bulls

Keywords

RossellTechsys INE0OJW01016 Aerospace Defense Demerger ReListing