TechEra Engineering shares hit a fresh day high after bagging ₹7.51 crore in new PSU aerospace orders for rear fuselage and LCA Mk1A parts.

Here’s what happened. TechEra will now build structural parts for two different aircraft projects.

One order, worth ₹4.56 crore, is for making rear fuselage parts, basically the pieces that form the back section of an aircraft’s body.

The other order, worth ₹2.95 crore, covers air intake parts for the LCA Mk1A, India’s home built fighter jet also known as Tejas.

Together, both orders add up to ₹7.51 crore, and the work is expected to be spread across a five year delivery schedule rather than completed all at once.

What makes this win stand out is the timing. TechEra had earlier lost a much bigger contract worth ₹110 crore with a Turkish aerospace company, which had put a dent in its order book.

Since that setback, the company has been leaning more on Indian defence firms to bring in new business.

Just two weeks before this announcement, on August 31, TechEra had already secured a separate ₹5.01 crore order for HTT-40 aircraft parts, to be delivered over 24 months.

It also picked up a smaller international order worth around $154,000 from its US unit earlier this month.

Taken together, these wins show the company steadily rebuilding its order pipeline, even as its most recent quarterly numbers took a hit, with profit falling sharply compared to the same period last year.

Coming back to the stock, TechEra was trading at ₹164.50 on the NSE as of 14:52 pm, up 4.94% for the day.

It has now gained more than 6% over the past week, though the stock remains well below its 52 week high of ₹325.70, which it had touched back in October last year.

Trading volumes on the counter also picked up alongside the price move.

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