Talbros Automotive Components

Since July, most of the auto ancillary stocks have geared up with a resolute strength and continue to rally smartly seeking higher ground.

According to the technical charts, auto ancillary stocks, like Talbros Automotive, Jupiter Wagons and Minda Industries are likely to rise another 15 per cent in the upcoming trading sessions.

Market wrap: Sensex rallies 367 pts, ends above 60,000; Nifty holds 17,900

Thermax surges 7% on Rs 546-cr order; Talbros Automotive zooms 27% in 2 days as Vijay Kedia increases stake; Future Retail falls 6% as Delhi High Court rejects plea to dismiss Amazon arbitration

Vijay Kedia acquired 2.27 per cent stake, while Sanjay Dugar bought 1.09 per cent stake in Talbros Automotive in the December quarter

Talbros Automotive Components rallied 8 per cent to hit a new high of Rs 442 on Tuesday

On Tuesday, November 30, 2021, Vijay Kishanlal Kedia purchased 205,524 shares, representing 1.66 per cent stake in Talbros Automotive, via bulk deals on the NSE

Auto component maker Talbros Automotive on Tuesday reported a multifold rise in consolidated profit to Rs 12.7 crore for the March 2021 quarter, backed by product mix and higher capacity utilisation.

The stock soared 19% to Rs 245, also its record high on the BSE.