JTEKT India shines on bagging new order from JTEKT Brasil
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JTEKT India is currently trading at Rs. 140.00, up by 7.35 points or 5.54% from its previous closing of Rs. 132.65 on the BSE.
The scrip opened at Rs. 139.15 and has touched a high and low of Rs. 142.85 and Rs. 139.15 respectively. So far 95097 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 167.90 on 10-Aug-2023 and a 52 week low of Rs. 95.55 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 142.85 and Rs. 131.60 respectively. The current market cap of the company is Rs. 3422.73 crore.
The promoters holding in the company stood at 73.98%, while Institutions and Non-Institutions held 8.91% and 17.12% respectively.
JTEKT India has received new order from JTEKT Brasil for supply of loose child parts. Purchase order towards supply of Goods to be initiated by the Company during the Calendar Year 2023. Sale of Goods and support Services will be provided up to the Project life.
Earlier, the company had evaluated and approved capacity expansion for MS-Gear Line.
JTEKT India is engaged in the business of manufacturing / production, supply and sale of steering systems, axles and other auto ancillaries to almost all Indian passenger car and utility vehicle manufacturers.
