India's Talbros Automotive hits record high on order win

Talbros Automotive Components

20/11/2023 04:03

** Shares of Talbros Automotive Components  TALB.NS  soar as
much as 19.2% to record high of 279.90 rupees
    ** TALB on track to snap three straight sessions of losses,
if gains hold 
    ** Co gets multi-year orders worth around 5.80 bln rupees
($69.67 million) from domestic and overseas customers across
business divisions, product segments and joint ventures
    ** More than 785,000 shares traded by 9:29 a.m. IST, 2.2x
their 30-day avg
    ** TALB has more than doubled YTD vs 34% gain in Nifty auto
index  .NIFTYAUTO 


($1 = 83.2440 Indian rupees)

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))