₹121 Auto Parts Stock Hits Upper Circuit with Massive Gains; ₹147 Crore Order from Tata
The stock of Autoline Industries (NSE: AUTOIND) has risen. The stock opened at Rs 132.40 against the closing price of Rs 131.54.
Following this, the stock grew to close to Rs 150. The company’s stock rose after getting the order.
The company says that an order of Rs 147 crore has been received. The order has been received for tool manufacturing. The order has been received from Tata Motors.
Stock Performance –
15 percent rise in a week, 20 percent in three months, and 75 percent in a year. 100 percent rise in three years.
The promoters’ stake is 33.39 percent. There haven’t been any changes in the last five quarters.
DII i.e. domestic institutional investors have sold share. The stake was 19.52 percent in March 2024. Which has fallen to 19.25 percent in the June quarter.
The stock price of the company is Rs 121 on 31st June 2024.
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