Announced Wed, 10 Jun, 2026 · 20:11 IST
Aditya Infotech incorporates 50:50 JV Corelink Cable Technology with Orient Cables
CPPLUS · price
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Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹3430.00
prior close
₹3428.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.7+1.4+1.3-1.9-1.3-1.7-2.3+2.5+5.0+5.1+6.0+10.3+11.7
Up moveDown movePending
AI summary
Aditya Infotech has incorporated a 50:50 joint venture, Corelink Cable Technology Private Limited, with Orient Cables India. The JV will manufacture electric cables, LAN cables, CCTV cables, connectors, and allied products. Initial paid-up capital is 2 crore rupees, with each partner contributing 1 crore in cash. The move follows JV agreement announcements dated February 12 and April 16, 2026.
Likely market impact
Diversifies into cable manufacturing, complementing core CCTV and security business. Modest 1 crore rupee capital outlay signals cautious expansion.