Latest news with #TalbrosAutomotiveComponents
Business Standard
a day ago
- Automotive
- Business Standard
Talbros Automotive Components wins orders worth Rs 580 cr
Talbros Automotive Components along with its JV's has received orders worth ~Rs. 580 crore for both domestic and exports market from the leading OEM's. These orders are to be executed over the period of next 5 years. These orders include orders from all the company's product lines like gaskets, heat shields, forging components, chassis and hoses. Received orders worth ~Rs. 260 crores (includes ~Rs. 150 crores of exports, majorly in Europe) from the sealing business for gaskets and heat shield products and forgings products. Of this, ~Rs. 180 crores is for the gasket & heat shield segment received from multiple OEMs. Remaining ~Rs. 80 crores is for the forgings division. By strategically increasing its exports to Europea region known for its stringent quality standards and specialization in the automotive components industrythe 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. Received orders worth ~Rs. 290 crores through JV (Marelli Talbros Chassis Systems) for Chassis components. ~50% of these orders are for EV segment. Received orders through JV (Talbros Marugo Rubber) worth ~Rs. 30 crores in the domestic market for products like Hoses and A/V. The commercialization for these products will start from the H2 FY26.
Mint
3 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
3 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.
Business Standard
3 days ago
- Automotive
- Business Standard
Talbros Automotive rises after bagging orders worth Rs 580 crore
Talbros Automotive Components (TACL) advanced 3% to Rs 307.15 after the company, along with JV entities, announced the receipt of orders worth Rs 580 crore for both domestic and exports market from leading OEMs. These orders are to be executed over the next five years. These orders include products from all the companys product lines like gaskets, heat shields, forging components, chassis and hoses. Offering additional details, Talbros Automotive stated that it has received orders worth Rs 260 crore from the sealing business for gaskets and heat shield products, as well as forging products. The company, through its JV Marelli Talbros Chassis Systems, has secured orders worth Rs 290 crore for chassis components, with 50% of these orders belonging to the EV segment. Through another JV firm, Talbros Marugo Rubber, the company has bagged orders worth Rs 30 crore in the domestic market for products like Hoses and A/V. The commercialization for these products will start from H2 FY26. "These orders will help further enhance the company's revenue visibility and improve profitability. These orders from highly specialized auto markets and customers greatly signify the capabilities developed by TACL and its JV companies, Talbros Automotive said in a statement. Talbros Automotive Components, the flagship manufacturing company of the Talbros Group. It manufactures automotive & industrial gaskets in collaboration with Coopers Payen of the UK. The company is the mother brand of gaskets, chassis, rubber products, and forgings in India. Talbros Group portfolio also includes Mercedes-Benz dealerships for passenger cars. The companys net profit declined 46.60% year-on-year to Rs 26.58 crore in Q4 FY25, compared to Rs 49.78 crore in Q4 FY24. Revenue from operations rose 1.57% YoY to Rs 205.86 crore in Q4 FY25.
Time of India
3 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.
