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Autoline Industries shines on launching four wheeler accessories for selected models

Autoline Industries Ltd. | Auto Ancillary | Automobiles | BSE: 532797 | NSE: AUTOIND

19 Jan 2016 Evaluate

Autoline Industries is currently trading at Rs 45.50, up by 3.65 points or 8.72% from its previous closing of Rs 41.85 on the BSE.

The scrip opened at Rs 41.80 and has touched a high and low of Rs 47.00 and Rs 41.25 respectively. So far 29270 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs 10 has touched a 52 week high of Rs 78.00 on 20-Jan-2015 and a 52 week low of Rs 39.00 on 16-Nov-2015.

Last one week high and low of the scrip stood at Rs 53.00 and Rs. 41.20 respectively. The current market cap of the company is Rs 56.63 crore.

The promoters holding in the company stood at 26.34% while Institutions and Non-Institutions held 3.21% and 70.45% respectively.

Considering the growing four wheeler accessories market in India, Autoline Industries (AIL) has launched its own designed and manufactured four wheeler accessories for selected models. The Company is also entering into hospital equipment like Special foldable beds, all type of tables, stands etc by using existing infrastructure and available resources. These products will be released in the market gradually.

To tap Non-auto sector with minimum investment, the Company is eyeing for business with Indian Railways and Ministry of Defence and recently got Vendor Registration from Defence and Railway Authorities. Establishment of Chennai manufacturing Facility is expected to be completed by end of February 2016 as against end of December 2015 as reported earlier to meet the requirement of valuable customers.

AIL has grown into a medium sized engineering and auto ancillary company manufacturing sheet metal components, sub-assemblies and assemblies for large OEMs in the automobile industry.

Autoline Inds Share Price

66.96 -0.82 (-1.21%)

17-Apr-2026 16:59 View Price Chart

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Autoline Industries shines on launching four wheeler accessories for selected models

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