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Talbros Automotive shares jump over 8% on Rs 580 crore order win

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Shares of Talbros Automotive Components surged 8.2% to Rs 322.8 on the BSE in Wednesday’s trade after the company, along with its joint ventures, secured orders worth Rs 580 crore from leading OEMs for both domestic and export markets.

The orders span all product segments, including gaskets, heat shields, forging components, chassis parts, and hoses, and are to be executed over the next five years.

Talbros received orders worth Rs 260 crore — including Rs 150 crore in exports, primarily to Europe — from its sealing and forging businesses. Of this, Rs 180 crore was for gaskets and heat shields from multiple OEMs, while Rs 80 crore was allocated to the forging division.

Additionally, the company secured orders worth Rs 290 crore through its joint venture, Marelli Talbros Chassis Systems, for chassis components. Notably, 50% of these orders are for the EV segment.

Through its other JV, Talbros Marugo Rubber, the company bagged domestic orders worth Rs 30 crore for hoses and anti-vibration (A/V) components. These products are expected to be commercialised starting the second half of FY26.


Also Read: JSW Steel, Aurobindo Pharma among 6 large & midcap firms with promoter pledge decline in Q4

Technical indicators

On the technical front, Talbros Automotive’s Relative Strength Index (RSI) stands at 60.9 — nearing the overbought zone, which is above 70, while readings below 30 are considered oversold. The MACD is at 8.1, above the centre line but below the signal line.The stock is trading above all key moving averages — including the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs) — indicating strong upward momentum.

At 10:20 am, the stock was trading 4.8% higher at Rs 312.4 on the BSE. Talbros Automotive has rallied 44% over the past three months and is up 143% in the last two years. Its current market capitalisation stands at Rs 1,923 crore.

Also Read: Swiggy, Radico Khaitan among 7 stocks on which brokerages initiated coverage, see up to 34% upside

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)



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