Talbros Automotive Components receives multi-year order worth ~Rs. 60 crores

Talbros Automotive Components Limited has received a new multi years order worth Rs. 60 crores in the heat shield business from a leading passenger vehicle (PV) OEM in India. This order is to be executed over a period of next 5 years.

This order will help us increase our domestic market share which will help us grow in the coming years.

With this order, we have added orders worth ~Rs. 880 crores during the current financial year across its business divisions, product segments and JVs.

Shares of Talbros Automotive Components Limited was last trading in BSE at Rs. 479.00 as compared to the previous close of Rs. 490.05. The total number of shares traded during the day was 1849 in over 190 trades.

The stock hit an intraday high of Rs. 489.00 and intraday low of 477.05. The net turnover during the day was Rs. 892394.00.

Source : Equity Bulls

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TalbrosAutomotiveComponents INE187D01011 OrderWin