Precision Electronics Wins ₹1.12 Crore Defence Order to Supply Quadripod and Tripod Units

New Delhi, Nov 17, 2025: Precision Electronics Limited has secured a fresh defence order valued at ₹1.12 crore for supplying Quadripod and Tripod units with accessories. Awarded by a domestic government entity, the contract reinforces the company’s growing presence in defence manufacturing and strengthens its role in supporting strategic requirements.

Precision Electronics Ltd. operates in the design and manufacture of electronic systems, subsystems, and their assemblies. The company focuses strongly on defense and communication technology. The company caters to both domestic and strategic industrial requirements.

Key Order Details

Precision Electronics secured a domestic defense contract from a government entity. The Rs 1.12 crore worth contract involves the supply of quadripod and tripod units along with their related accessories. The order will be executed according to the customer’s delivery schedule. The name of the awarding entity has been kept confidential due to disclosure restrictions. The company confirmed that the order does not involve any related parties. It also further stated that none of the promoters holds a direct interest in the contract. This order for Precision Electronics will strengthen its defense manufacturing footprint, where this segment remains the core area of the company’s operation.

Share Price Update

The share price of Precision Engineering Limited closed at Rs. 154.75, which is a 0.85% gain. The stock opened at Rs. 154.50, hit a high of Rs. 156.79, and a low of Rs. 152.53. The company’s market capitalization stands at Rs. 820.94 crore. Its P/E ratio stands at 14.81. In the last 52 weeks, the company hit a high of Rs. 273.97 and a low of Rs. 114.99.

The company’s share has dipped 33% in the last year, 18% in the year-to-date, 6.22% in the last six months, gained 3.54% in the last month, and a marginal 0.13% in the previous five days.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/bc4171ca-f5e8-496b-85b2-63295b66b148.pdf

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