SEDEMAC Mechatronics Shares Surge 11% to Record High Amid Strong ECU Sales
SEDEMAC Mechatronics jumps 11% to all-time high on record ECU sales growth
Business Standard
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SEDEMAC Mechatronics, a Pune-based company, saw its shares rise by 11.67% to a record high of ₹1,708.60 following a report of robust sales growth in control-intensive electronic control units (ECUs). The company sold over 1 million units in Q4 FY26, marking a 65.1% increase year-on-year.
- 01SEDEMAC Mechatronics shares hit an all-time high of ₹1,708.60, up 11.67%.
- 02The company reported a 65.1% year-on-year increase in ECU sales for Q4 FY26.
- 03Total ECU sales for FY26 reached 3.9 million units, a 60% increase from the previous year.
- 04The company's market capitalization is approximately ₹7,476.54 crore.
- 05SEDEMAC's shares have risen 26.37% since its IPO on March 11.
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Shares of SEDEMAC Mechatronics, a Pune-based manufacturer of automotive and industrial applications, surged 11.67% to reach a record high of ₹1,708.60 on April 6, 2026. This increase followed the company's announcement of achieving its highest-ever annual sales of control-intensive electronic control units (ECUs). In the fourth quarter of FY26, SEDEMAC sold 1,043,025 ECUs, reflecting a remarkable 65.1% increase compared to the same period last year. For the entire fiscal year, ECU sales totaled 3,901,075 units, marking a 60% year-on-year growth. The company made its stock market debut on March 11, raising ₹1,087.35 crore through its initial public offering (IPO) and has since seen its shares appreciate by 26.37% from the issue price. As of now, SEDEMAC Mechatronics holds a market capitalization of approximately ₹7,476.54 crore.
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The surge in SEDEMAC's share price reflects strong investor confidence, which could lead to increased investment in the company and potentially more job opportunities in the local economy.
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