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Talbros Automotive Components is currently trading at Rs. 243.50, up by 9.90 points or 4.24% from its previous closing of Rs. 233.60 on the BSE.The scrip opened at Rs. 239.95 and has touched a high and low of Rs. 245.00 and Rs. 239.35 respectively. So far 3844 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 353.65 on 09-Jan-2018 and a 52 week low of Rs. 193.05 on 24-Oct-2017.Last one week high and low of the scrip stood at Rs. 245.00 and Rs. 205.70 respectively. The current market cap of the company is Rs. 300.62 crore.The promoters holding in the company stood at 56.63%, while Institutions and Non-Institutions held 2.09% and 41.28% respectively.Talbros Automotive Components has received ‘Company of the Year - Auto Components’ award from Zee Business. The award function was to celebrate the success of home-grown innovative businesses and acknowledge the achievements of the top performers from India business.Talbros Automotive Components, the flagship manufacturing company of the Talbros Group was established in the year 1956 to manufacture Automotive & Industrial Gaskets in collaboration with Coopers Payen of UK.
Talbros Automotive Components is currently trading at Rs. 271.25, up by 4.50 points or 1.69% from its previous closing of Rs. 266.75 on the BSE.The scrip opened at Rs. 275.00 and has touched a high and low of Rs. 275.00 and Rs. 269.40 respectively. So far 3395 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 353.65 on 09-Jan-2018 and a 52 week low of Rs. 124.00 on 14-Mar-2017.Last one week high and low of the scrip stood at Rs. 312.00 and Rs. 260.00 respectively. The current market cap of the company is Rs. 337.04 crore.The promoters holding in the company stood at 56.63%, while Institutions and Non-Institutions held 2.07% and 41.30% respectively.Talbros Automotive Components has received an order under the forgings division, for supply of parts to Dana Spicer India, a Tier 1 supplier to prominent commercial vehicle players in the country. These components are heavier in nature and will require an installation of a higher tonnage press. The production will commence from Q1FY2019.The order spans for the life of the model and estimated revenues from the same is about Rs 35 crore per annum. Addition of the new equipment will also add to company’s manufacturing capability and allow to supply heavier components including 3 Cylinder Crank Shaft for 4 wheelers & Stub Axle for LCV as well. Talbros Automotive Components, the flagship manufacturing company of the Talbros Group was established in the year 1956 to manufacture Automotive & Industrial Gaskets in collaboration with Coopers Payen of UK.
Talbros Automotive Components is currently trading at Rs. 180.05, up by 3.30 points or 1.87% from its previous closing of Rs. 176.75 on the BSE.The scrip opened at Rs. 178.00 and has touched a high and low of Rs. 183.55 and Rs. 178.00 respectively. So far 5503 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 196.50 on 19-May-2017 and a 52 week low of Rs. 100.00 on 25-May-2016.Last one week high and low of the scrip stood at Rs. 196.50 and Rs. 175.00 respectively. The current market cap of the company is Rs. 222.65 crore.The promoters holding in the company stood at 56.63%, while institutions and non-institutions held 2.29% and 41.08% respectively.Talbros Automotive Components has decided on partial strategic disinvestment of its non-core materials business assets. The same is being sold to the Indian Affiliate of Interface Performance Materials, USA who are pioneers & leaders of gaskets materials worldwide. Further, the company has entered into a raw material sourcing agreement with them. Under this agreement, Talbros shall source various Gasket raw materials from Interface’s Indian manufacturing unit.The disinvestment will help Talbros achieve two important things. First, enable Talbros to source materials locally leading to foster turnaround time in executing client orders. This will result in reduction of imports by 15% thereby, reducing the working capital requirements and the exposure to foreign exchange fluctuations; and second, savings on fixed cost.The total savings expected to accrue from the strategic disinvestment will be in the range of Rs 7-10 Million per annum. The savings in operational costs, reduction in row material inventory and working capital investments will reduce the interest burden and therefore, enhance the profitability of the company.
Talbros Automotive Components is currently trading at Rs. 187.00, up by 9.70 points or 5.47% from its previous closing of Rs. 177.30 on the BSE.The scrip opened at Rs. 180.00 and has touched a high and low of Rs. 189.80 and Rs. 179.15 respectively. So far 1,30,446 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 189.80 on 16-May-2017 and a 52 week low of Rs. 99.80 on 24-May-2016.Last one week high and low of the scrip stood at Rs. 189.80 and Rs. 160.20 respectively. The current market cap of the company is Rs. 230.86 crore.The promoters holding in the company stood at 56.63%, while Institutions and Non-Institutions held 2.29% and 41.08% respectively.Talbros Automotive Components has received an order under the forgings division for supply of parts to a large German Luxury Car manufacturer. The order spans over a period of 7 years and the expected total revenue from the same is about Rs 175 crore. The supplies are expected to begin from June-July 2017. The company has enough capacities to cater to this order and will not be requiring any major investments to fulfil this order. This order will therefore provide operating leverage and will enhance the profitability of the company. The company would be the tier II supplier for this order.
Talbros Automotive Components is currently trading at Rs. 173.00, up by 8.65 points or 5.26 % from its previous closing of Rs. 164.35 on the BSE.The scrip opened at Rs. 164.75 and has touched a high and low of Rs. 178.40 and Rs. 164.75 respectively. So far 39927 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 178.40 on 15-May-2017 and a 52 week low of Rs. 99.80 on 24-May-2016.Last one week high and low of the scrip stood at Rs. 178.40 and Rs. 160.00 respectively. The current market cap of the company is Rs. 216.17 crore.The promoters holding in the company stood at 56.63%, while Institutions and Non-Institutions held 2.29% and 41.08% respectively.Talbros Automotive Components has received an order under the forgings division for supply of parts to a large German Luxury Car manufacturer. The order spans over a period of 7 years and the expected total revenue from the same is about Rs 175 crore. The supplies are expected to begin from June-July 2017. The company has enough capacities to cater to this order and will not be requiring any major investments to fulfil this order. This order will therefore provide operating leverage and will enhance the profitability of the company. The company would be the tier II supplier for this order.
Talbros Automotive Components has informed about Consolidated Limited Review for the period ended December 31, 2016.The above information is a part of company’s filings submitted to BSE.
Talbros Automotive Components has informed that a meeting of Audit Committee and the Board of Directors of the Company will be held on February 14, 2017, to consider and approve the Unaudited Financial Results of the Company for the quarter ended December 31, 2016. Further as per the Company’s Code of Conduct for Prohibition of Insider Trading, the closure of ‘Trading Window’ for the above purpose shall commence from February 07, 2017 and will end on February 16, 2017.The above information is a part of company’s filings submitted to BSE.
Talbros Automotive Components has informed about Business Updates.The above information is a part of company’s filings submitted to BSE.
Talbros Automotive Components has informed that a meetings of Audit Committee and the Board of Directors of the Company are scheduled to be held on May 21, 2016, to consider and approve the Audited Financial Results of the Company for the financial year ended March 31, 2016; to consider and recommend Dividend, if any, for the financial year 2015-16; and Fixation of date for 59th Annual General Meeting of the Company. Further, as per the Company’s Code of Conduct for Prohibition of Insider Trading, the closure of ‘Trading Window’ for dealing in securities of the Company shall commence from May 13, 2016 and will end on May 23, 2016.The above information is a part of company’s filings submitted to BSE.
Talbros Automotive Components has informed about Commencement of Operations of New Dedicated Heat-Shield Line.The above information is a part of company’s filings submitted to BSE.
With reference to increase in Volume, Talbros Automotive Components has submitted a copy of clarification.The above information is a part of company’s filings submitted to BSE.
The Exchange has sought clarification from Talbros Automotive Components on December 09, 2015, with reference to increase in Volume.The above information is a part of company’s filings submitted to BSE.