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Talbros Automotive Components Limited - Q4 & FY21 Business Update

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Talbros Automotive bags orders worth Rs 304 crore

Talbros Automotive bags orders worth Rs 304 crore
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Last Updated: Mar 08, 2021, 04:53 PM IST
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Synopsis
The orders will be implemented over a period of five years starting from the current fiscal year itself and a major chunk of it distributed between 2023-2025, the company said in a statement.
Agencies
In order to execute the orders, the company would be required to undertake a capex of around Rs 20 crore.
Talbros Automotive components on Monday said it along with joint venture partners have bagged orders worth Rs 304 crore from various domestic and international customers.
The orders will be implemented over a period of five years starting from the current fiscal year itself and a major chunk of it distributed between 2023-2025, the company said in a statement. ....

Navin Juneja , Automotive Components Director , Joint Venture , Talbros Automotive Components , நவீன் ஜுனேஜா , தானியங்கி கூறுகள் இயக்குனர் , கூட்டு துணிகர , டால்ப்ரோஸ் தானியங்கி கூறுகள் ,

Talbros Automotive Components Limited along with JV wins multi-year orders worth ~Rs. 304 crs

Talbros Automotive Components Limited along with JV wins multi-year orders worth ~Rs. 304 crs
Posted On:
2021-03-08 04:43:59
(Time Zone: Arizona, USA)
Talbros Automotive Components Limited along with its JV partners has won multi year orders worth ~Rs. 304 crs. These orders are spread across its domestic and international customers. The orders will be implemented over a period of 5 years starting from current fiscal year itself and major chunk of it distributed between 2023-2025.
The order covers company s flagship products gaskets and forgings as well products from JVs Talbros Marugo Rubber Pvt Ltd and Magneti Marelli Talbros Chassis Systems Pvt Ltd.
The company would be required to undertake a capex of approximately Rs. 20 crs which along with existing facilities would be sufficient to execute these orders. ....

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Talbros Automotive soars after winning orders

Talbros Automotive Components jumped 7.19% to Rs 238.55 after the company along with its joint venture partners won multi-year orders worth about Rs 304 crore.The auto ancillary company in an exchange filing today said, These orders are spread across its domestic and international customers. The orders will be implemented over a period of five years starting from current fiscal year itself and major chunk of it distributed between 2023-2025. The order covers company s flagship products gaskets and forgings as well products from JVs Talbros Marugo Rubber and Magneti Marelli Talbros Chassis Systems.
The company said it will be required to undertake a capex of approximately Rs 20 crore which along with existing facilities would be sufficient to execute these orders. ....

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