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Auto ancillary stock hits 20% upper circuit after reporting 51% YoY increase in net profits

Auto ancillary stock hits 20% upper circuit after reporting 51% YoY increase in net profits

by Trade Brains | January 30, 2025 4:06 pm | News, Stocks

One of the auto-ancillary stocks engaged in the design, manufacturing, and supply of gears and gearboxes, along with providing specialized gear reconditioning services. The stock has hit a 20 percent upper circuit after reporting a 50.77 percent YOY increase in net...
Auto ancillary stock jumps 6% after receiving ₹30 Cr order from Mahindra & Mahindra

Auto ancillary stock jumps 6% after receiving ₹30 Cr order from Mahindra & Mahindra

by Trade Brains | January 29, 2025 2:11 pm | News, Stocks

The shares of one of India’s leading auto components manufacturer jumped up to 7 percent in the day’s trade after receiving an annual order from Mahindra & Mahindra worth Rs 30 crore Price Action With a market capitalization of Rs 365.28 crore, Autoline Industries...
Auto ancillary stock hits 5% upper circuit after securing ₹1,412 Cr order from RVNL

Auto ancillary stock hits 5% upper circuit after securing ₹1,412 Cr order from RVNL

by Trade Brains | January 24, 2025 2:29 pm | News, Stocks

The shares of the critical power systems provider hit 5 percent upper circuit after the company secured a prestigious work order from Rail Vikas Nigam Limited for Rs 1,412 crore.  With a market capitalization of Rs 2,949.33 crore, the shares of Exicom...
Auto ancillary stock jumps 6% after receiving ₹30 Cr order from Mahindra & Mahindra

Auto ancillary stock hits 20% upper circuit after reporting 156% YoY increase in net profit

by Trade Brains | January 16, 2025 5:05 pm | News, Stocks

During Thursday’s trading session, the shares of a leading manufacturer of traction gears and pinions hit a 20 percent circuit to reach a new high at Rs. 194.4 on BSE, after the company reported financial results for Q3 FY25 with a net profit growth of 50 percent QoQ...
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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