AEL - Altron: Allied Electronics Corporation

Jun 20, 2025 at 16:35 Twitter · Facebook

AEL share price on Johannesburg Stock Exchange

Allied Electronics Corporation Limited (abbreviated as Altron) is a South African information technology services company that provides solutions in the fintech, health technology, safety and security, and learning and development sectors. In addition, the company also offers cloud computing, data management and security, enterprise application development, and training services. Altron is clustered into four operating segments based on its ICT capabilities, namely, Digital Transformation, Smart IoT, Healthtech & Fintech, and Managed Services — combining technical expertise with customer understanding to provide holistic tech solutions.

Though headquartered in South Africa, Altron has direct presence in the rest of Africa, Europe, Middle East, and Australia. The group also has strategic partnerships with leading international technology companies that gives it access to leading technology capabilities and products from across the world, including Asia, Europe, and North America. (Currently, most of the company's revenue and headcount are derived from the local market in South Africa.) With a purpose of delivering innovation that matters, Altron's strategic priorities are to increase revenue growth, improve profitability, transform the customer experience, and achieve employee excellence.

Altron: Allied Electronics Corporation is listed on the Johannesburg Stock Exchange (JSE). Altron: Allied Electronics is traded on the JSE under the ticker symbol “AEL”. The International Securities Identification Number (ISIN) of JSE:AEL is ZAE000191342. Altron: Allied Electronics Corporation is currently the 120th most valuable stock on the JSE with a market capitalization of ZAR 8.25 billion, which makes about 0.037% of the Johannesburg Stock Exchange equity market.

AEL Stock Market Performance

The current share price of Altron: Allied Electronics Corporation (AEL) is ZAR 20.00. AEL closed its last trading day (Friday, June 20, 2025) at 20.00 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.8% gain over its previous closing price of 19.46 ZAR. Altron: Allied Electronics began the year with a share price of 21.25 ZAR but has since lost 5.88% off that price valuation, ranking it 307th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that AEL has lost 14% of the stock’s value from May 22nd to date.

Altron: Allied Electronics Corporation is the 142nd most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 18 - Jun 20, 2025). AEL has traded a total volume of 17.9 million shares—in 19,156 deals—valued at ZAR 385 million over the period, with an average of 284,508 traded shares per session. A volume high of 1.26 million was achieved on April 30th, and a low of 14,705 on April 16th, for the same period. The table below details the last 10 trading days of activity of Altron: Allied Electronics on the Johannesburg Stock Exchange.

Profile of Allied Electronics Corporation Limited

Allied Electronics Corporation Limited was founded on February 13, 1947 and operates in the Technology sector, specifically, the Software & Computer Services industry. Allied Electronics Corporation contracts an estimated total number of 7,331 employees.

AEL Industrial Market Competitors

Allied Electronics Corporation Limited, issuers of the AEL stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Technology sector and/or Software & Computer Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange