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Talbros Automotive shares rose 3% after the company and its JVs bagged ₹580 crore worth of new orders across domestic and export markets.
Talbros Automotive makes a wide range of auto components including gaskets, heat shields, chassis parts, forgings, and hoses, supplying both traditional and EV vehicle makers globally.
The deets: the orders span all major product lines & will be executed over the next 5 years.
- From its sealing business, Talbros secured ₹260 crore in orders, with ₹150 crore for exports (mostly Europe).
- Through its JV Marelli Talbros Chassis Systems, the company bagged another ₹290 crore worth of orders for chassis components.
- Lastly, its JV Talbros Marugo Rubber landed ₹30 crore in domestic orders for hoses and A/V products.
Why it matters: these orders signal strong demand across EV segments, giving the company revenue visibility for the next five years.
