India's PPAP Automotive shares surge after partnership with Hutchinson

PPAP Automotive

11/06/2026 05:12

** Shares of India's PPAP Automotive PPAP.NS surge 12.7% to 231.89 rupees apiece
** Stock set for biggest percentage gain since November 2024
** Co enters into a technology partnership agreement with Hutchinson to manufacture advanced body sealing systems for passenger vehicles in India
** Agreement expected to broaden PPAP's automotive body-sealing systems portfolio 
** Stock rises above its 200-day moving average for the first time in over a month
** YTD, stock up 8.11% YTD
     

(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com))