Rs 386.83 Crore Order Book: Auto Components Company Bags New Orders Worth Rs 154.14 Crore From Domestic Customer

The stock is up by 32.8 per cent from its 52-week low of Rs 131.10 per share.

Thaai Casting Limited (TCL) has secured new domestic orders worth approximately Rs 154.14 crore (Rupees One Hundred Fifty-Four Crores and Fourteen Lakhs Only). These orders entail the supply of various automotive and non-automotive products over the next 60 to 80 months. The total unexecuted order book as of today stands at approximately Rs 386.83 crore (Rupees Three Hundred Eighty-Six Crores & Eighty-Three lakhs Only) to be executed in the next 60 to 80 months.

Thai Casting Ltd, established in 2010, has solidified its position as a leading manufacturer of high-quality steel, alloy, and die-cast components. With a strong focus on the automotive sector, the company specializes in pressure die casting, precision machining, and induction heating and quenching. TCL's commitment to quality and innovation is evident in its ISO/IATF 16949 certification, ensuring adherence to stringent industry standards.

TCL's diverse product range includes critical automotive components such as engine mounting brackets, transmission mounts, steering wheels, and electrical connectors. The company's manufacturing facility, equipped with a capacity of 2,500 tons, caters to a wide range of industries, including automotive, non-automotive, agriculture, power, and textile. TCL's impressive clientele includes renowned automotive OEMs like KIA, Maruti Suzuki, and Royal Enfield, as well as global giants like Caterpillar and Stellantis.

The company has a market of Rs 383.95 crore. The stock is up by 32.8 per cent from its 52-week low of Rs 131.10 per share. Investors should keep an eye on this auto components company’s stock.

Disclaimer: The article is for informational purposes only and not investment advice.