Centum Electronics Share Price Surges 7% After QIP Launch

Centum Electronics share price rose 7.5% on the BSE, reaching an intraday high of ₹1,292 per share. The stock gained momentum after the company announced a Qualified Institutional Placement (QIP) at a floor price of ₹1,219.65 per share.

By 10:23 AM, the stock was trading at ₹1,277.55, up 6.4%, while the BSE Sensex was up 0.30% at 73,893.24. The company’s market capitalisation stood at ₹1,647.63 crore. The stock’s 52-week high was ₹2,400, and its 52-week low was ₹1,140.15.

Details of the QIP

As per Centum’s regulatory filing, the ‘Relevant Date’ for the QIP was March 10, 2025, with the floor price calculated based on SEBI guidelines at ₹1,219.65 per share.

A QIP allows companies to raise funds by issuing shares to institutional investors. The funds raised can be used to reduce debt, strengthen financial stability, and improve the equity base without adding liabilities.

Centum’s Business Focus

Centum Electronics specialises in advanced electronics solutions across industries like aerospace, defense, industrial electronics, and telecommunications. The company is known for its expertise in precision engineering, embedded systems, and electronic manufacturing services (EMS).

It plays a key role in mission-critical applications for defence, avionics, and space. Additionally, Centum contributes to industrial automation, power control systems, and telecom infrastructure. With a strong focus on R&D, the company serves both domestic and international markets.

Stock Performance in the Last Year

Over the past year, Centum Electronics’ stock has declined by 27%, while the Sensex has gained 0.8%.

Conclusion

Centum Electronics’ stock gained after the QIP launch, signalling investor confidence. With a strong focus on innovation and expansion, the company aims to strengthen its market position.

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