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Autoline Industries touches roof with arm receiving Letter of Intent

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

09 Apr 2018 Evaluate

Autoline Industries is locked at upper circuit at Rs. 81.45, up by 3.85 points or 4.96% from its previous closing of Rs. 77.60 on the BSE.

The scrip opened at Rs. 81.45 and has touched a high and low of Rs. 81.45 and Rs. 81.45 respectively.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 127.00 on 05-Jan-2018 and a 52 week low of Rs. 50.50 on 28-Jun-2017.

Last one week high and low of the scrip stood at Rs. 81.45 and Rs. 61.00 respectively. The current market cap of the company is Rs. 171.05 crore.

The promoters holding in the company stood at 32.36%, while Institutions and Non-Institutions held 1.02% and 66.61% respectively.

Autoline Industries’ subsidiary -- Autoline Industrial Parks has received Letter of Intent from Collector, Pune valid for 2 years for commencing the development activities of the ‘Proposed Special Township Project’ of the Subsidiary Company spread in its 104 Acre land located at Mahalunge, Chakan, Pune.

The said approval was the prime and vital requirement to proceed further with the project. After receipt of this significant approval the Subsidiary Company is confident to commence the project development activities soon.

Autoline Industries is engaged in the manufacturing of various auto parts/sheet metal components for passenger cars, sports utility vehicles (SUV), commercial vehicles, two-wheelers, three-wheelers, tractors, etc. The company is also exporting auto parts i.e. brake shoes for Mercedes Benz trailers to Saudi Arabia, Dubai, etc.

Autoline Inds Share Price

66.96 -0.82 (-1.21%)

17-Apr-2026 16:59 View Price Chart

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Autoline Industries touches roof with arm receiving Letter of Intent

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