India's Talbros Automotive jumps on multi-year orders

Talbros Automotive Components

08/03/2021 08:59

** Shares of auto component maker  TALB.NS  rise as much as
10.38% to 246.70 rupees
    ** Co, along with JV partners, wins multi-year orders worth
about 3.04 bln rupees ($41.55 mln) from domestic and
international customers - Talbros  urn:newsml:reuters.com:*:nFWN2KZ0CI
    ** Expects to use capex of 200 mln rupees to execute orders
- co
    ** Stock up 55.91% this year, as of last close

($1 = 73.1680 Indian rupees)

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))