Aequs Share Price: Defence stock crashes 19% to 4-month low after Q2 loss widens; Nuvama sees 110% upside – Check target price – Markets

Aequs Segment Performance

Aequs’ aerospace revenue increased 44 per cent year-on-year to Rs 351.4 crore, while consumer revenue rose 52 per cent to Rs 57.7 crore. However, the consumer segment’s EBITDA loss widened to Rs 40.1 crore amid slower ramp-up and longer qualification timelines.