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Auto components maker Talbros Automotive Components on Monday said it has bagged an order worth about ₹175 crore for supply of forgings to a German luxury car manufacturer. Talbros Automotive Components has received an order under the forgings division for supply of parts to a large German luxury car manufacturer, the company said in a statement to the exchanges. The order is for seven years. The supplies are expected to start from June-July 2017. The company “has enough capacities” to cater to this order and “will not be” requiring any major investments to fulfil it, Talbros said in the statement. The company, however, did not disclose the customer name. After hitting a life-time high of ₹178.80 on the NSE, the shares of Talbros closed at ₹176.60, up 7.88 per cent over the previous day’s close.
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