Talbros Automotive is currently trading at Rs. 36.55, up by 0.40 points or 1.11% from its previous closing of Rs. 36.15 on the BSE.
The scrip opened at Rs. 36.95 and has touched a high and low of Rs. 37.70 and Rs. 36.40 respectively. So far 2245 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 49.65 on 18-Aug-2011 and a 52 week low of Rs. 32.15 on 29-Dec-2011.
Last one week high and low of the scrip stood at Rs. 42.30 and Rs. 34.80 respectively. The current market cap of the company is Rs. 45.68 crore.
The promoters holding in the company stood at 45.56% while Institutions and Non-Institutions held 6.61% and 47.83% respectively.
Talbros Automotive Components has received its board’s approval for entering into definitive agreements for a Joint Venture (JV) with Japan based Marugo Rubber Industries, which designs and manufactures rubber products such as anti vibration products, bushes and rubber hoses etc. for supply to several OEMS such as Suzuki, Mitsubishi, Fuso, ISUZU and Nissan.
The JV company would undertake the business of designing, development and manufacturing of rubber to metal bonded anti vibration products (suspension bushes, engine mounts, strut mounts) and hoses for the Indian OEM market for automotive applications.
In this connection, rubber business owned by the company shall be transferred to the proposed Joint Venture Company to be owned by Marugo Rubber Industries, Japan (50% + 1 Share) and the Company (50% - 1 Share). The sale of business by the company is subject to the approval of shareholders by postal ballot and other customary closing conditions.
Talbros Automotive Components the flagship manufacturing company of the Talbros Group was established in the year 1956 to manufacture Automotive and Industrial Gaskets in collaboration with Coopers Payen of UK, now Federal Mogul Sealing Systems (Slough) UK. Their research and development Centres showcase their design capabilities including endurance, static and simulated environment testing. Today, their manufacturing prowess spans over 6 business and 12 facilities.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: