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Vijay Kedia buys nearly 2% stake in Talbros Auto; stock zooms 32% in 2 days

On Tuesday, November 30, 2021, Vijay Kishanlal Kedia purchased 205,524 shares, representing 1.66 per cent stake in Talbros Automotive, via bulk deals on the NSE

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Illustration by binay sinha

SI Reporter Mumbai
Shares of Talbros Automotive Components hit a record high of Rs 372.80 after they rallied 11 per cent on the National Stock Exchange (NSE) in Wednesday's intra-day trade after investor Vijay Kedia bought nearly 2 per cent stake in the company via open market on Tuesday.

The stock of the auto parts & equipment company has zoomed 32 per cent in the past two trading days. It surpassed its previous high of Rs 356.75 touched on August 3, 2021.

At 09:22 am, Talbros Automotive was trading 6 per cent higher at Rs 357 on the NSE, as compared