5:1 Stock Split: Multibagger Auto Ancillaries Stock Slips 4.95%, To Ex-Split On Oct 27

Talbros Automotive Components shares witnessed a decline of 4.95% just 4 days before the record date for stock split in the ratio of 5:1. Current market price of Talbros Automotive Components share on BSE is Rs 1054.15 per share. Talbros Automotive Components shares offered return of 134% in last 6-months. Check details below:

Talbros Automotive Components To Go Ex-Split Soon: The company on September 27, 2023 informed shareholders the record date for stock split as October 27, 2023 and issued a regulatory filing as confirming the same, "This is to inform you that pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the Board of Directors fixed Friday, 27th October, 2023 as the "Record Date" for determining entitlement of Equity Shareholders for the purpose of Sub-division/Split of existing Equity Shares of the Company from 1 (One) Equity Share having face value of Rs. 10/- (Rupees Ten only) each fully paid-up, into 5 (Five) Equity Shares having face value of Rs. 2/- (Rupees Two only) each fully paid-up, as approved by the Equity Shareholders at the 66th AGM held on 25th September, 2023."

Talbros Automotive Components Stock Outlook & Return: Current market price of Talbros Automotive Components share on BSE is Rs 1051.80 per share with fall of 4.95%. Its 52-week high price is Rs 1162.95 per share and 52-week low price is Rs 380.10 per share, respectively. The company has a market capitalisation of Rs 1298.51 crore. Talbros Automotive Components shares fell 3.57% in last 1-week, gained 24% in last 3-months, soared 85% YTD, surged 117% in last 1-year, gained 296% in last 2-years, and offered return of 784% in last 3-years.

Talbros Automotive Financials: The company for the quarter ended June 30, 2023 announced its net sales at Rs 182.83 crore, up 19.52% as against Rs 152.97 crore in June 2022. Its quarterly net profit was declared at Rs 17.42 crore in June 2023, up 46.34% as compared to Rs 11.90 crore in June 2022. The EBITDA stood at Rs 27.84 crore in June 2023, up 34.17% as against Rs 20.75 crore in June 2022.

Talbros Automotive Components About: Established in 1956, the Company enjoys a good presence worldwide. Since its inception, Talbros has been known for paying close attention to its clients' requirements by consistently adding value and focusing on delivering excellent quality and superior technology, according to its official website.