14th Dec'09 (Monday)
Talbros Automotive Components gained 2.86% to Rs 45 at 10:19 IST on BSE, after the company signed a pact with Sanwa Packaging Industry Company, Japan for obtaining technical know-how for making heat shields for automotives.
The company made this announcement after trading hours on Friday, 11 December 2009.
Meanwhile, the BSE Sensex was up 90.65 points, or 0.53%, to 17,209.68.
On BSE, 1,102 shares were traded in the counter as against an average daily volume of 3,574 shares in the past one quarter.
The stock hit a high of Rs 46.40 and a low of Rs 45 so far during the day. The stock had hit a 52-week high of Rs 48.25 on 21 October 2009 and a 52-week low of Rs 15 on 12 March 2009.
The company's equity capital is Rs 12.35 crore. Face value per share is Rs 10.
The current price of Rs 45 discounts the company's Q2 September 2009 annualized EPS of Rs 2.49, by a PE multiple of 18.07.
The agreement is for a period of five years and it will help the company to expand its product bandwidth among its customers, Talbros said in a filing with BSE.
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