Announced Wed, 19 Aug · 18:10 IST
Autoline wins Rs 110 cr Tata Motors order for hatchback components
AUTOIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+10.1%1-day move
₹85.00
prior close
₹85.04
base price
After-mkt
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+2.2+2.2+2.3+4.5+10.1+5.9+6.2+4.1+4.3+2.9-1.2-0.5——
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AI summary
Autoline Industries has secured a business award from Tata Motors Passenger Vehicles worth Rs 110 crore for four critical hatchback components. The deal includes annual incremental revenue of about Rs 80 crore and one-time tooling revenue of around Rs 30 crore. Pune-based Autoline is an auto component supplier serving major OEMs. The order supports deeper engagement with Tata Motors and aligns with their growth strategy through advanced manufacturing.
Likely market impact
Positive: New Rs 110 cr Tata Motors order adds Rs 80 cr annual revenue and strengthens OEM relationship.