Talbros Automotive soars 27% in 2 days as Vijay Kedia increases stake

Vijay Kedia acquired 2.27 per cent stake, while Sanjay Dugar bought 1.09 per cent stake in Talbros Automotive in the December quarter

Shares of Talbros Automotive Components rallied 13 per cent to register a new life-time high at Rs 498.35, on the BSE in Wednesday’s intra-day trade backed by heavy volumes. In the past two trading sessions, the stock of auto parts & equipment firm has surged 27 per cent after data revealed that high networth individual investors bought a more than 2 per cent stake in the company during October-December quarter (Q3FY22) via open market.

At 10:14 am; Talbros Automotive Components was up 8 per cent, as compared to 0.24 per cent rise in the S&P BSE Sensex. The trading