Talbros Automotive Components trades marginally in green on BSE

Talbros Automotive Components is currently trading at Rs. 521.65, up by 0.95 points or 0.18% from its previous closing of Rs. 520.70 on the BSE.

The scrip opened at Rs. 515.05 and has touched a high and low of Rs. 534.40 and Rs. 512.85 respectively. So far 1330 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 654.90 on 18-Jan-2022 and a 52 week low of Rs. 364.20 on 30-Dec-2021.

Last one week high and low of the scrip stood at Rs. 592.15 and Rs. 511.40 respectively. The current market cap of the company is Rs. 642.84 crore.

The promoters holding in the company stood at 58.32%, while Institutions and Non-Institutions held 0.02% and 41.66% respectively.

Talbros Automotive Components through its Joint Venture (JV) Talbros Marugo Rubber has received a new multi years order worth Rs 150 crore for Rubber Hoses which will be directly used to facilitate the E 20 fuel mechanism from multiple passenger vehicle (PV) OEM’s in India. This order is to be executed over a period of next 5 years.

With this order, the company has added orders worth over Rs 1,000 crore during the current financial year across its business divisions, product segments and JVs.

Talbros Automotive Components, the flagship manufacturing company of the Talbros Group was established in the year 1956 to manufacture Automotive & Industrial Gaskets in collaboration with Coopers Payen of UK.

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