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Auto ancillary stock jumps 7% after Nifty Auto hits 6-Month high

Auto ancillary stock jumps 7% after Nifty Auto hits 6-Month high

by Trade Brains | January 2, 2025 5:56 pm | News, Stocks

A leading automotive component manufacturer has captured investor attention amid a sector-wide rally, fuelled by exceptional December 2024 performance data. This surge reflects the broader automotive industry’s robust health, with major manufacturers reporting...
Auto ancillary stock jumps 7% after Nifty Auto hits 6-Month high

Auto ancillary stock in focus after investing ₹1.26 Cr in Solarcraft Power India

by Trade Brains | December 19, 2024 3:58 pm | News, Stocks

One of the auto-ancillary stocks engaged in the manufacturing and trading of automotive cables and components, non-automotive cables and components, halogen lamps, LED drop-in solutions, and mechanic products. The stock is in focus after after investing Rs. 88.2 lakh...
Auto ancillary stock jumps after acquiring 100% stake in Brazil based Co. for $7.8 million

Auto ancillary stock jumps after acquiring 100% stake in Brazil based Co. for $7.8 million

by Trade Brains | December 16, 2024 4:55 pm | News, Stocks

In Monday’s trading session, the shares of one of the leading Auto Ancillaries stock specialised in manufacturing a wide range of automotive components, including wiring harnesses, polymer products and rearview mirrors. jumps upto 2.7 percent following the acquisition...
Auto ancillary stock jumps 7% after Nifty Auto hits 6-Month high

Auto ancillary stock jumps 5% after receiving ₹140 Cr order to supply crankshafts

by Trade Brains | December 16, 2024 12:42 pm | News, Stocks

A leading castings & forgings manufacturer has clinched a significant order worth Rs. 140 crore for supplying crankshafts to passenger vehicle makers, marking a strategic expansion in its business portfolio. The deal spans from fiscal year 2026 to 2031, with...
Auto ancillary stock jumps 7% after Nifty Auto hits 6-Month high

Auto ancillary stock jumps 3% after announcing expansion plans worth ₹50 Cr

by Trade Brains | November 25, 2024 1:38 pm | News, Stocks

During Monday’s trading session, the shares of a major manufacturer of chains, sprockets & metal formed parts for automotive applications surged nearly 3.7 percent to Rs. 1,241.15 on BSE, after announcing capacity expansion plans near Chennai, with an investment...
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