Latest news with #Talbros
Mint
2 days ago
- Automotive
- Mint
Multibagger auto stock Talbros Automotive Components rallies over 8% to 5-month high on ₹580 crore order win
Multibagger auto ancillary stock in focus today: Talbros Automotive Components share price surged 8.3% in intraday trade on Wednesday, June 11, hitting a five-month high of ₹ 323 per share following the company's announcement of a significant order win worth ₹ 580 crore. The company informed investors that, along with its joint ventures (JVs), it has secured orders for both domestic and export markets from leading original equipment manufacturers (OEMs). These orders, which span the company's product lines—such as gaskets, heat shields, forging components, chassis, and hoses, are to be executed over the next five years. Talbros received orders worth approximately ₹ 260 crore (including ₹ 150 crore in exports, primarily to Europe) from its sealing business for gasket, heat shield, and forging products. Additionally, it received orders worth around ₹ 290 crore through its JV, Marelli Talbros Chassis Systems, for chassis components—about 50% of which are for the EV segment. Another JV, Talbros Marugo Rubber, received domestic orders worth around ₹ 30 crore for products such as hoses and anti-vibration (A/V) components. Commercial production of these products is expected to begin in H2 FY26. The company believes that these recent orders will enhance its revenue visibility and profitability. 'These orders from highly specialized auto markets and customers greatly signify the capabilities developed by TACL and its JV companies,' the company said. Talbros is a diversified auto component manufacturer with a presence across various automobile categories, including passenger vehicles, commercial vehicles, two-wheelers, three-wheelers, agricultural machinery, off-road vehicles, and industrial equipment. Its marquee clients include Bajaj Auto, Tata Cummins, Volvo Eicher India, Ashok Leyland, Escorts Group, Force Motors, Hero MotoCorp, Honda, Hyundai, John Deere, Mahindra & Mahindra, Maruti Suzuki, Suzuki, TAFE, Daimler India, Tata Motors, Simpsons, Carraro, Dana, Musashi, Spicer, and GE. Talbros shares have maintained a steady upward trajectory over the past four months (including the ongoing one), rising from ₹ 212 to the current trading price of ₹ 307, an impressive gain of 45% in under four months. Although the stock is still trading at a healthy 22% discount from its recent high of ₹ 397 (recorded in August 2024), it is up 255% over the past three years and a remarkable 1,451% over the last five years. Zooming out, the stock has delivered a staggering return of 1,831% over the last decade.
Mint
2 days ago
- Automotive
- Mint
Multibagger auto stock Talbros Automotive Components rallies over 8% to 5-month high on ₹580 crore order win
Multibagger auto ancillary stock in focus today: Talbros Automotive Components share price surged 8.3% in intraday trade on Wednesday, June 11, hitting a five-month high of ₹ 323 per share following the company's announcement of a significant order win worth ₹ 580 crore. The company informed investors that, along with its joint ventures (JVs), it has secured orders for both domestic and export markets from leading original equipment manufacturers (OEMs). These orders, which span the company's product lines—such as gaskets, heat shields, forging components, chassis, and hoses, are to be executed over the next five years. Talbros received orders worth approximately ₹ 260 crore (including ₹ 150 crore in exports, primarily to Europe) from its sealing business for gasket, heat shield, and forging products. Additionally, it received orders worth around ₹ 290 crore through its JV, Marelli Talbros Chassis Systems, for chassis components—about 50% of which are for the EV segment. Another JV, Talbros Marugo Rubber, received domestic orders worth around ₹ 30 crore for products such as hoses and anti-vibration (A/V) components. Commercial production of these products is expected to begin in H2 FY26. The company believes that these recent orders will enhance its revenue visibility and profitability. 'These orders from highly specialized auto markets and customers greatly signify the capabilities developed by TACL and its JV companies,' the company said. Talbros is a diversified auto component manufacturer with a presence across various automobile categories, including passenger vehicles, commercial vehicles, two-wheelers, three-wheelers, agricultural machinery, off-road vehicles, and industrial equipment. Its marquee clients include Bajaj Auto, Tata Cummins, Volvo Eicher India, Ashok Leyland, Escorts Group, Force Motors, Hero MotoCorp, Honda, Hyundai, John Deere, Mahindra & Mahindra, Maruti Suzuki, Suzuki, TAFE, Daimler India, Tata Motors, Simpsons, Carraro, Dana, Musashi, Spicer, and GE. Talbros shares have maintained a steady upward trajectory over the past four months (including the ongoing one), rising from ₹ 212 to the current trading price of ₹ 307, an impressive gain of 45% in under four months. Although the stock is still trading at a healthy 22% discount from its recent high of ₹ 397 (recorded in August 2024), it is up 255% over the past three years and a remarkable 1,451% over the last five years. Zooming out, the stock has delivered a staggering return of 1,831% over the last decade. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Time of India
2 days ago
- Automotive
- Time of India
Talbros Automotive shares jump over 8% on ₹580 crore order win
Shares of Talbros Automotive Components surged 8.2% to Rs 322.8 on the BSE in Wednesday's trade after the company, along with its joint ventures, secured orders worth Rs 580 crore from leading OEMs for both domestic and export markets. The orders span all product segments, including gaskets, heat shields, forging components, chassis parts, and hoses, and are to be executed over the next five years. Talbros received orders worth Rs 260 crore — including Rs 150 crore in exports, primarily to Europe — from its sealing and forging businesses. Of this, Rs 180 crore was for gaskets and heat shields from multiple OEMs, while Rs 80 crore was allocated to the forging division. Additionally, the company secured orders worth Rs 290 crore through its joint venture, Marelli Talbros Chassis Systems , for chassis components. Notably, 50% of these orders are for the EV segment. Through its other JV, Talbros Marugo Rubber, the company bagged domestic orders worth Rs 30 crore for hoses and anti-vibration (A/V) components. These products are expected to be commercialised starting the second half of FY26. Technical indicators On the technical front, Talbros Automotive's Relative Strength Index (RSI) stands at 60.9 — nearing the overbought zone, which is above 70, while readings below 30 are considered oversold. The MACD is at 8.1, above the centre line but below the signal line. The stock is trading above all key moving averages — including the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs) — indicating strong upward momentum. At 10:20 am, the stock was trading 4.8% higher at Rs 312.4 on the BSE. Talbros Automotive has rallied 44% over the past three months and is up 143% in the last two years. Its current market capitalisation stands at Rs 1,923 crore.
Time of India
2 days ago
- Automotive
- Time of India
Talbros Automotive shares jump over 8% on Rs 580 crore order win
Shares of Talbros Automotive Components surged 8.2% to Rs 322.8 on the BSE in Wednesday's trade after the company, along with its joint ventures , secured orders worth Rs 580 crore from leading OEMs for both domestic and export markets. The orders span all product segments, including gaskets, heat shields, forging components, chassis parts, and hoses, and are to be executed over the next five years. Talbros received orders worth Rs 260 crore — including Rs 150 crore in exports, primarily to Europe — from its sealing and forging businesses. Of this, Rs 180 crore was for gaskets and heat shields from multiple OEMs, while Rs 80 crore was allocated to the forging division. Additionally, the company secured orders worth Rs 290 crore through its joint venture, Marelli Talbros Chassis Systems , for chassis components. Notably, 50% of these orders are for the EV segment. Through its other JV, Talbros Marugo Rubber, the company bagged domestic orders worth Rs 30 crore for hoses and anti-vibration (A/V) components. These products are expected to be commercialised starting the second half of FY26. Also Read: JSW Steel, Aurobindo Pharma among 6 large & midcap firms with promoter pledge decline in Q4 Technical indicators On the technical front, Talbros Automotive's Relative Strength Index (RSI) stands at 60.9 — nearing the overbought zone, which is above 70, while readings below 30 are considered oversold. The MACD is at 8.1, above the centre line but below the signal line. The stock is trading above all key moving averages — including the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs) — indicating strong upward momentum. At 10:20 am, the stock was trading 4.8% higher at Rs 312.4 on the BSE. Talbros Automotive has rallied 44% over the past three months and is up 143% in the last two years. Its current market capitalisation stands at Rs 1,923 crore. Also Read: Swiggy, Radico Khaitan among 7 stocks on which brokerages initiated coverage, see up to 34% upside ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
