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Cemtrex Stock Soars 76% After Subsidiary Gets Selected For US Navy SBIR Phase 1 Contract

Apr 07, 2026 13:56 UTC

(RTTNews) - Shares of Cemtrex, Inc. (CETX) are climbing about 76 percent on Tuesday morning trading after its subsidiary Invocon, Inc.

  • April 07, 2026 — 09:56 am EDT Written byRTTNews
  • comforRTTNews-> (RTTNews) - Shares of Cemtrex, Inc
  • (CETX) are climbing about 76 percent on Tuesday morning trading after its subsidiary Invocon, Inc

April 07, 2026 — 09:56 am EDT Written byRTTNews.comforRTTNews-> (RTTNews) - Shares of Cemtrex, Inc. (CETX) are climbing about 76 percent on Tuesday morning trading after its subsidiary Invocon, Inc. was selected as an apparently successful offeror for a Phase I Small Business Innovation Research (SBIR) contract with the Naval Sea Systems Command. The company's shares are currently trading at $1.40 on the Nasdaq, up 76.89 percent. The stock opened at $1.6850 and has climbed as high as $1.74 so far in today's session. Over the past year, it has traded in a range of $0.51 to $42.60. Saagar Govil,

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