&w=3840&q=100)
Talbros Automotive share jumps 8% on securing this deal; key details here
Talbros Automotive share price: Talbros Automotive share price was in demand on Wednesday, June 11, 2025, with the scrip rallying up to 8.26 per cent to hit an intraday high of ₹322.85 per share.
At 1:46 PM, Talbros Automotive shares were trading 2.23 per cent higher at ₹304.85 per share. In comparison, BSE Sensex was trading 0.18 per cent higher at 82,542.49 levels.
What triggered the rally in Talbros Automotive share price today?
Talbros Automotive share price surged today after the company, along with its joint ventures, secured orders worth approximately ₹580 crore from leading OEMs for both domestic and export markets. These orders will be executed over the next five (5) years.
The fresh orders span across all major product lines—gaskets, heat shields, forging components, chassis systems, and hoses.
The company's sealing business alone bagged orders worth ₹260 crore, including around Rs 150 crore from exports—primarily to Europe. This includes ₹180 crore in gasket and heat shield products from multiple OEMs, and ₹80 crore for the forgings division.
'By strategically increasing its exports to Europe—a region known for its stringent quality standards and specialisation in the automotive components industry—the company is deepening its footprint in a highly competitive and demanding market. This expansion not only demonstrates the company's capability to meet global benchmarks but also positions it as a reliable supplier within the European automotive ecosystem. As a result, the company is gaining market share in this region,' said Talbros Automotive, in a statement. ALSO READ |
In addition, its JV with Marelli Talbros Chassis Systems received orders worth ₹290 crore for chassis components, with nearly half (about 50 per cent) catering to the electric vehicle (EV) segment.
Another JV, Talbros Marugo Rubber, won ₹30 crore in orders for hoses and anti-vibration parts in the domestic market, with commercialisation expected in the second half of the financial year 2026 (H2FY26).
'These orders will help further enhance the company's revenue visibility and improve profitability,' Talbros Automotive added.
About Talbros Automotive
Founded in 1956, Talbros Automotive Components is the flagship manufacturing arm of the Talbros Group.
The company began its journey with the production of automotive and industrial gaskets in collaboration with Coopers Payen of the UK.
Talbros, along with its joint venture partners, operates 10 state-of-the-art manufacturing facilities across Haryana, Uttarakhand, and Maharashtra, supported by a dedicated R&D centre in Faridabad.
The company caters to a prestigious clientele including Bajaj Auto, Tata Cummins, Ashok Leyland, Maruti Suzuki, Honda, John Deere, and Mahindra & Mahindra, among others.
It also has a strong presence in the aftermarket and holds a Mercedes-Benz dealership under the Talbros Group umbrella.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
16 minutes ago
- Time of India
EPFO settles nearly 50% of claims within 3 days, 69 lakh cases cleared so far this fiscal, automated limit to rise to Rs 5 lakh
The Employees' Provident Fund Organisation (EPFO) settled nearly half of all claims filed this fiscal within just three days, significantly speeding up service delivery, a senior official said on Wednesday. The official attributed the acceleration to automation and said further gains are expected as the upper limit for automated settlement is set to be raised to Rs 5 lakh. As of June 5, 2025, EPFO had processed 68.96 lakh claims—mostly related to partial withdrawals—within three days of filing. This represents close to 50% of the total claims filed in the period from April 1 to June 5, PTI reported. For the entire fiscal year 2024–25, EPFO has so far processed 2.34 crore claims, with approximately 39% being resolved within the three-day window. Currently, withdrawal claims of up to Rs 1 lakh for reasons such as illness, education, housing, and marriage are eligible for automated processing, provided all requirements are met. The official confirmed that the EPFO is preparing to enhance this limit to Rs 5 lakh, a change that does not require approval from the Central Board of Trustees (CBT), the body's top decision-making authority. The move will be executed through a directive from the Central Provident Fund Commissioner, the EPFO's administrative head. The CBT is chaired by the Union Labour and Employment Minister and includes representatives from trade unions and employers. EPFO has a long-term goal to settle all claims—including pension pay-outs, group insurance, and full provident fund withdrawals—within 72 hours of receipt. However, the official acknowledged that the verification of legacy data, especially for members enrolled before 2012, remains a bottleneck and often delays claim processing. With over 7 crore contributing members and more than 5 crore claims filed in FY25 so far, the shift to automation is expected to significantly reduce the workload and enhance the timeliness and efficiency of EPFO's services. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
17 minutes ago
- Time of India
John Abraham's monthly rental income from his Mumbai properties could be someone's yearly salary
Bollywood actor and producer John Abraham, best known for his performance in The Diplomat, is not only making headlines for his films but also for his sharp business sense. Recently, the actor leased out three luxury apartments in Mumbai's Bandra West for a combined monthly rent of Rs 6.30 lakh, a sum that mirrors what many professionals across the country earn in an entire year. The properties are located in the Sea Glimpse Co-operative Housing Society, one of the most upscale residential areas on Bandstand. Details of the Lease Agreement The rental deal was officially registered on May 29, 2025. According to documents reviewed by Square Yards, the lease was formalised with a stamp duty of Rs 1.12 lakh and a registration fee of Rs 1,000. A hefty security deposit of Rs 36 lakh was also collected from the tenants. The monthly rent of Rs 6.30 lakh is applicable for the first year and includes annual increases. For the first two years, the rent will rise by 8% annually, followed by a 5% annual increase for the remaining two years. By the final year of the agreement, the rent is expected to reach Rs 8 lakh per month. Over the five-year lease period, the total rental income is projected to be around Rs 4.3 crore. Bandra's Premium Real Estate Market The tenants named in the lease documents are Varun Talukdar and Pooja Gupta. Bandra West, where these properties are located, continues to be one of Mumbai's most premium residential markets, home to celebrities such as Shah Rukh Khan, Salman Khan, Ranbir Kapoor, and Janhvi Kapoor. With its mix of high-end residential and commercial spaces, Bandra remains a preferred destination for high-net-worth individuals. John Abraham's Property Holdings This isn't the actor's only significant real estate activity. In December 2023, John purchased a sprawling 5,416-square-foot bungalow in Khar, along with a 7,722-square-foot plot of land. The transaction, worth Rs 70.83 crore, was registered after an additional stamp duty payment of Rs 4.24 crore. The bungalow is located on Linking Road, a prime commercial stretch known for its retail prominence and connectivity. Apart from acting, John Abraham is actively involved in several business ventures. He owns JA Entertainment, a production house, and has invested in various other sectors including fitness, coffee, and ice cream. His ventures include NorthEast United FC, JA Fitness, and investments in Subko Coffee Roasters and NOTO Healthy Ice Cream. His estimated net worth stands at Rs 251 crore. The 52-year-old star also has a passion for automobiles. His collection includes luxury vehicles such as a Lamborghini Gallardo, Nissan GT-R Black Edition, Porsche Cayenne Turbo, Audi Q7 and Q3, along with superbikes like the BMW S1000RR, Aprilia RSV4 RF, and Honda CBR 1000RR.
Time of India
17 minutes ago
- Time of India
UP ITI admission 2025: Application deadline extended till June 22
UP ITI admission 2025: Apply online at till June 22 UP ITI admission 2025: The State Vocational Training Council, Uttar Pradesh, has extended the application deadline for the UP ITI admission 2025. Aspiring candidates now have time until June 22, 2025, to apply for various trades in government and private Industrial Training Institutes (ITIs) across the state. The online application process, which began on May 12, 2025, is being conducted through the official website — Candidates interested in securing admission to ITI courses must ensure they meet the required eligibility criteria before proceeding with the application process. Eligibility criteria for UP ITI admission 2025 To be eligible, candidates must have passed either Class 8 or Class 10 from a recognised school or education board. Additionally, the minimum age requirement is 14 years as on August 1, 2025. Therefore, applicants should not be born after July 31, 2011. Notably, there is no upper age limit for applying, and no relaxation will be granted in the minimum age requirement. Candidates are strongly advised to review the complete eligibility conditions and course-specific qualifications detailed in the official notification before applying. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Seniors Born 1939-1969 Receive 9 Benefits This Month Bettys Perks Learn More Undo This includes checking the academic requirements for individual trade courses offered under the UP ITI programme. Application fee details Applicants from the General and Other Backward Class (OBC) categories are required to pay an application fee of Rs 250. Candidates belonging to Scheduled Caste (SC) and Scheduled Tribe (ST) categories will need to pay a reduced fee of Rs 150. The fee payment must be completed online as part of the application submission process. How to apply online at Step 1: Visit the official website of the State Vocational Training Council: Step 2: Click on the application link available on the homepage. Step 3: Register yourself by entering the required details. Step 4: Log in using your registered credentials and complete the application form with accurate information. Step 5: Verify all details, pay the applicable fee, and download the submitted application form for future reference. Direct link to apply online at Candidates are encouraged to complete their applications well before the extended deadline to avoid last-minute technical issues. For further clarification or updates, applicants should refer to the official website regularly. Is your child ready for the careers of tomorrow? Enroll now and take advantage of our early bird offer! Spaces are limited.
