Talbros Automotive Components (NSE:TALBROAUTO, BOM:505160) and its joint venture companies have bagged multi-year orders worth 5.80 billion Indian rupees, according to a Wednesday filing to the Indian stock exchanges.
The orders include 1.60 billion rupees for the electric vehicle segment and 1.50 billion rupees for exports.
Received orders worth 2.60 billion rupees from the sealing business for gaskets and heat shield products, and forgings products. Orders worth 2.90 billion rupees were for chassis through its joint venture Marelli Talbros Chassis Systems.
Through its joint venture Talbros Marugo Rubber, the company for orders of 300 million rupees in the domestic market
for products such as hoses.
The company's shares were up nearly 4% in recent trade.
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