Talbros Automotive Components rose as much as 14 percent on Thursday, it’s biggest move in 16 months. Volumes traded in the stock stood at 20 times its previous 20-day average.
It rose 34 percent in the past month compared to 2.1 percent rise in Sensex.
The auto components maker has a market capitalisation of Rs 210 crore.
Talbros Automotive Components Ltd., the flagship manufacturing company of the Group was established in the year 1956 to manufacture Automotive & Industrial Gaskets in collaboration with Coopers Payen of UK. Today, after 58 successful years, Talbros stands proud and tall as a mother brand of Gaskets & Heat Shields, Forgings, Suspensions Systems and Anti Vibration components and Hoses
The stock trades at 21.5 times trialing 12-month earnings per share and 12 times its estimates for the coming year.
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