After the company announced that it won a new multi-year contract for Rs 60 crore in the heat shield industry from a passenger car OEM in India, Talbros Automotive Components rose 11.40% to Rs 533.35.
The next five years will be used to carry out this directive. This purchase will aid the business in gaining a larger domestic market share, which will aid in future growth. With this order, the company’s total orders for the current fiscal year across all business divisions, product groups, and JVs reached Rs 880 crore.