India's Autoline Industries gains on order win

Autoline Industries

20/08/2026 10:28

** Shares of India's Autoline Industries AUIN.NS rise 5% to 89.25 rupees
** Auto component maker says it secured a new business award from Tata Motors Passenger Vehicles TAMO.NS for supply of four components for hatchback applications
** Adds order is expected to generate annual incremental revenue of about 800 million rupees ($8.36 million), with one-time tooling revenue of about 300 million rupees, subject to customer production schedules and actual requirements
** More than 257,302 shares change hands, about 2.2x the 30-day average volume - LSEG compiled data
** Stock up 12.4% YTD
     
($1 = 95.7000 Indian rupees)

(Reporting by Payel Das in Bengaluru)
((Payel.das@thomsonreuters.com))