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Autoline Industries moves up on entering into agreements with Hamsa Solar Asset Series 4

28 May 2024 Evaluate

Autoline Industries is currently trading at Rs. 125.00, up by 0.25 points or 0.20% from its previous closing of Rs. 124.75 on the BSE.

The scrip opened at Rs. 128.75 and has touched a high and low of Rs. 128.75 and Rs. 123.45 respectively. So far 13747 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 165.20 on 15-Feb-2024 and a 52 week low of Rs. 64.36 on 31-May-2023.

Last one week high and low of the scrip stood at Rs. 129.30 and Rs. 117.00 respectively. The current market cap of the company is Rs. 487.04 crore.

The promoters holding in the company stood at 33.39%, while Institutions and Non-Institutions held 19.67% and 46.93% respectively.

Autoline Industries has entered into a Power Purchase agreement and Share Subscription & Shareholders’ agreement with Hamsa Solar Asset Series 4, Special Purpose Vehicle (SPV) (Power Producer) created under captive scheme (Incorporated under Companies act 2013).

The Power Purchase agreement between Hamsa Solar Asset Series 4 and Autoline Industries in which Power Producer shall deliver the Power to the Company from Solar plant to be establish at project site 290/1/A & 290/1/B, Bhalvani Village, Mangalwedha Taluka, Solapur District, Maharastra. The Company has entered in the aforementioned agreements on May 27, 2024.

Autoline Industries is engaged in manufacturing of various auto parts/sheet metal components for passenger cars, sports utility vehicles (SUV), commercial vehicles, two-wheelers, three-wheelers, tractors, etc.

Autoline Inds Share Price

66.96 -0.82 (-1.21%)
17-Apr-2026 16:59 View Price Chart
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