Indo-National: Investment in Axial Aero Pvt Ltd
Indo-National (NIPPOBATRY) filed a disclosure titled "Investment in Axial Aero Pvt Ltd". The company is valued at about ₹239 crore.
What happened
Indo-National (NIPPOBATRY) filed a disclosure with the exchanges on 7 October 2026 at 05:49 PM titled "Investment in Axial Aero Pvt Ltd".
From the filing: "Following this acquisition, the Company's aggregate holdings (CCPS) in AAPL now stands at 7.97%."
How big is it?
At ₹3.91 crore, the deal is equal to about 1.6% of the company's market value of ₹239 crore.
Company snapshot
Indo-National is a micro-cap company, with a market value of about ₹239 crore.
The stock last traded at ₹318.8, against a 52-week range of ₹257–₹469 (32.0% below the high).
Before this filing the shares had moved −1.4% over the month and −8.5% over three months. Average daily turnover over the last 20 sessions was about ₹0.07 crore.
Promoters held 65.35% at the end of Q1 FY27. Foreign institutions owned 0.00% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 119 | 1 | 1.37 |
| Q2 FY26 | 239 | 2.4 | 3.21 |
| Q3 FY26 | 106 | -7.8 | -10.46 |
| Q4 FY26 | 107 | -20.9 | -27.87 |
| Q1 FY27 | 116 | 2.1 | 2.85 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 9 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.2% on average the next trading day and was down 0.5% on average after five days (7 filings with price data).
Market-wide, 1,975 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 17 Sept 2026 | M&A | +0.9% | +1.6% |
| 11 Sept 2026 | M&A | +1.8% | +2.4% |
| 2 Sept 2026 | M&A | +2.7% | −0.2% |
| 29 Jul 2026 | M&A | −1.5% | −0.7% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.