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Stock of this auto ancillary company has zoomed 142% in last five months

The stock of the auto ancillary company has turned ex-date for a stock split in ratio of 1:5 i.e. 1 stock of face value of Rs 10 each into 5 shares of face value of Rs 2 per equity share

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Photo: Bloomberg

Deepak Korgaonkar Mumbai

3 min read Last Updated : Oct 27 2023 | 11:36 AM IST

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Shares of Talbros Automotive Components (TACL) were locked in the 20 per cent upper circuit on BSE and touched a fresh high of Rs 251.10 on Friday at 10:54 AM.

The stock of the auto ancillary company has turned ex-date for a stock split in ratio of 1:5 i.e. 1 stock of face value of Rs 10 each into 5 shares of face value of Rs 2 per equity share.

The stock surpassed its previous high of Rs 232.59 (adjusted to stock split) touched on August 11. A combined around 1 million equity shares changed hands and there were pending buy orders

Topics : Buzzing stocks stock market trading Market trends automotive industry

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