Subros rises on setting up greenfield manufacturing plant at Haryana
Mumbai, October 30 (Udaipur Kiran): Subros is currently trading at Rs. 589.80, up by 2.60 points or 0.44% from its previous closing of Rs. 587.20 on the BSE.
The scrip opened at Rs. 593.30 and has touched a high and low of Rs. 605.40 and Rs. 585.60 respectively. So far 2874 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 1148.80 on 30-Oct-2025 and a 52 week low of Rs. 571.30 on 28-Oct-2026.
Last one week high and low of the scrip stood at Rs. 679.20 and Rs. 571.30 respectively. The current market cap of the company is Rs. 3835.86 crore.
The promoters holding in the company stood at 36.79%, while Institutions and Non-Institutions held 43.29% and 19.92% respectively.
Subros has set-up a greenfield manufacturing plant at Tehsil Kharkhoda, District Sonipat, Haryana with capacity addition of 4.5 lakhs units per annum for HVAC and Hose & Tubes. The commercial operations at the new plant have commenced on October 28, 2026 for HVAC and Hose & Tubes.
As the company continues to invest in strategic initiatives to meet the customers demand near to their locations that strengthen its long-term growth trajectory, the Kharkhoda Plant marks a significant step in the company’s journey towards sustainable manufacturing with advancement in technology, innovation, future mobility solutions, and improvement in operational capabilities.
Subros Kharkhoda plant is a milestone towards the growing demand resulting revenue growth in the coming years. This expansion reinforces the company’s readiness to meet evolving market demand of mobility and further solidifies its leadership in the thermal management products.
Subros manufactures compressors, condensers, heat exchangers and all connecting elements required to complete AC loop and caters to all segments viz. Passenger Vehicles, Buses, Trucks, Refrigeration Transport, off- roaders & Railways.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.