What Happened
Small-Cap Defence Stock Sees Record Order Book And QIP Approval
Unimech Aerospace and Manufacturing Limited has reported strong Q1 FY27 results, with a 71% increase in revenue and a 47% increase in profit. The company has also approved a Qualified Institutional Placement (QIP) of up to Rs. 750 crore to support its future growth plans. With a record order book of Rs. 280.3 crore, Unimech Aerospace is well-positioned for sustainable growth. This development was first reported by an unknown source.