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Auto ancillary shares hit 52-week high on good Q2 results

LG Balakrishnan, Jay Bharat Maruti, Harita Seating, Triton Valves,JBM Auto and ZF Steering were up 5%-19% on BSE.

Auto ancillary shares hit 52-week high on good Q2 results

Shares of mid and small-sized auto ancillary companies were trading higher by up to 19% in intra-day trade in an otherwise range-bound market after they reported robust earnings for the quarter ended September. LG Balakrishnan & Bros, Jay Bharat Maruti, Harita Seating Systems, Triton Valves, Hindustan Composites, JBM Auto, ZF Steering, Bharat Seats, IP Rings, India Nippon Electric, Munjal Showa, Schrader Duncan and Ucal Fuel Systems were among trading between 5%-19% on BSE. Most of these stock quoting at their 52-week highs. At 11.39 am, the S&P BSE Sensex was up 0.13% at 28,113 ...