Talbros Automotive Components
Talbros Automotive Components Order Win
With a market value of Rs. 1021 crores, Talbros Auto Components said on Friday that it has secured new multi-year orders worth Rs. 400 crores from domestic and international clients across its business divisions, product categories, and joint ventures (JVs).
Talbros Automotive Components stated in a filing to the BSE that the orders, which encompass the company’s product lines of gaskets, heat shields, forgings, and chassis, are to be carried out over the course of the next 5-7 years.
According to the company, the orders will help it acquire market share in the upcoming years by increasing its share with both current and potential clients globally.
- Bajaj Auto
- Tata Cummins
- Eicher India
- Ashok Leyland
- Escorts Group
- Force Motors
- Hero MotoCorp
- John Deere
- Mahindra & Mahindra
- Maruti Suzuki
- Daimler India
- Tata Motors
- QH Talbros.
- It also has a distribution network in the aftermarket.
The smallcap stock increased 14 percent in response to the news, reaching a new 52-week high of Rs 832 on the BSE.
The stock has increased 61% over the past 12 months.
Company Details – Talbros Automotive Components
Together with joint venture partnerships, Talbros Automotive Components operates 10 manufacturing plants in Haryana, Uttarakhand, and Maharashtra as well as an R&D technology center in Faridabad. Technical partnerships exist between the business and Sanwa Packaging and Nippon Leakless Corporation in Japan.
The portfolio of the Talbros Group includes a Mercedes-Benz dealership for passenger vehicles.
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