Talbros Automotive Experiences Surge in Shares Following ₹580 Crore Order Wins

Talbros Automotive Components Ltd witnessed a surge of 14.86 percent in its shares following the announcement of multi-year orders totaling around ₹580 crore. These substantial orders originate from a diverse clientele, both domestic and overseas, covering various business divisions, product segments, and joint ventures. The execution of these orders is planned over the next five years, commencing from FY25.

A noteworthy portion of the orders, amounting to approximately ₹270 crore, is attributed to electric vehicle (EV) products and has been secured from a prominent export OEM. This deal is facilitated through the Marelli Talbros Chassis Systems Pvt Ltd joint venture. In addition to the EV-related orders, the company has also received commitments for forgings, heat shields, and gasket products from a range of domestic and export OEM customers.

Established in 1956, Talbros Automotive Components Ltd is the flagship manufacturing company of the Talbros Group. Specializing in automotive and industrial gaskets, chassis, rubber products, and forgings, the company continues to showcase its expertise and market leadership through significant order wins across diverse product segments.

HBL