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CENTUM
Defense Collaboration: Centum signed a Memorandum of Understanding (MoU) with GRSE (Garden Reach Shipbuilders & Engineers) for the joint R&D and manufacturing of Advanced Naval Navigation Systems.
BEL Agreement: The company also entered into an agreement with Bharat Electronics Limited (BEL) to collaborate on design, development, and manufacturing of advanced defense electronics, including Electronic Warfare and Radar systems.
Financial and Shareholding Updates
Q1 FY2026 Results: Consolidated revenue for Q1 FY2026 was approximately ₹273 crores. Standalone revenue saw a strong surge (35% YoY growth), driven by the high-margin Build-to-Specification (BTS) business, mainly for domestic defense and space customers.
Order Book: The consolidated order book stood at roughly ₹1,769 crores as of June 30, 2025.
Promoter Stake Sale: A promoter divested a 4.53% stake in the company through open market transactions. This stake was largely acquired by HDFC Mutual Fund and 3P Investment Managers.#StockInNews#WatchOutFor#FundamentalViews#EquityResearch#PersonalFinance
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