The company would set up an ultra-modern manufacturing facility with a capacity to produce 1.8 million units annually in Andhra Pradesh.
The stock is currently trading at Rs 90.15 on BSE, up 90% against its issue price of Rs 47.
HDFC, L&T, ICICI Bank and RIL among the top gainers
Last year, Di Bella had terminated licence agreement with JV company Di Bella India
Delivery in October month slipped by 1.19%