Tata Technologies moves up on collaborating with Air India

Tata Technologies is currently trading at Rs. 1006.05, up by 6.25 points or 0.63% from its previous closing of Rs. 999.80 on the BSE.

The scrip opened at Rs. 1000.55 and has touched a high and low of Rs. 1016.85 and Rs. 1000.55 respectively. So far 24038 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1400.00 on 30-Nov-2023 and a 52 week low of Rs. 970.55 on 05-Aug-2024.

Last one week high and low of the scrip stood at Rs. 1056.80 and Rs. 994.80 respectively. The current market cap of the company is Rs. 40558.74 crore.

The promoters holding in the company stood at 55.22%, while Institutions and Non-Institutions held 7.06% and 37.72% respectively.

Tata Technologies has collaborated with Air India, a leading global airline, to transform its aircraft interiors for delivering an enhanced travel experience. This collaboration aligns with Air India's achievement of the Directorate General of Civil Aviation’s (DGCA) Design Organization Approval (DOA) under CAR 21 (Part 21), which allows the airline to make aircraft modifications in-house. The collaboration is a significant milestone in Air India's journey toward operational excellence and self-reliance.

Air India has chosen Tata Technologies as its strategic partner to revolutionize its aircraft interiors. Leveraging decades of global expertise in aerospace engineering, Tata Technologies will provide end-to-end solutions, from design and validation to weight optimization and ergonomic considerations. These innovations are set to redefine the passenger experience by ensuring that aircraft interiors are not only functional and safe but also future proof, providing passengers with modern comfort and state-of-the-art technology. Tata Technologies’ deep experience working with leading aerospace OEMs will be crucial in driving this transformation. The company’s expertise in lightweight materials, advanced design, and validation techniques will help Air India optimize the performance, safety, and efficiency of its fleet, ensuring that each aircraft operates at peak performance while delivering a superior travel experience.

This collaboration also positions Tata Technologies as a key player in streamlining Air India’s operations by integrating innovative digital thread solutions and smart Maintenance, Repair, and Overhaul (MRO) services. These solutions will improve operational efficiency, reduce downtime, and ensure that Air India’s fleet remains in top condition, further enhancing passenger safety and operational reliability,

Tata Technologies is a leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers (OEMs).