Talbros Automotive Components Ltd shares up 8% – Vijay Kedia bought 2.25% Stake

Vijay Kedia bought 2.8 lakh shares of Talbros Automotive Components  valuing 12.3Cr during the Dec 2021 quarter.

Talbros is a diversified auto component player with presence across automobile categories in Passenger Vehicles, Commercial Vehicles, Two-wheelers, Three-wheelers, Agricultural machinery, Off-loaders and Industrial vehicles. 

Commenting on the performance Mr. Anuj Talwar, Jt. Managing Director, Talbros Automotive Components Limited said: ” Talbros is diversifying at the pace with market needs. We are up to diversify our product line further with addition of critical suspension components supply to EV’s. Execution of multi-year orders received in past years with additional count of EV product lines goes well in expanding our order book and margin profile.Talbros has reported Rs.285crs. of revenue during H1FY22 marking 77% of growth on YoY basis. The financials for the half-year reflects strong business performance.”

Other major holdings of Vijay Kedia include – Vaibhav Global Ltd (Rs 559.4), Tejas Networks Ltd (Rs 422.55), Sudarshan Chemicals (Rs 576.10) etc.