Shares of the company gained more than 10 per cent in the last six months.

The company is engaged in designing, manufacturing and supplying engineered automotive systems and components such as differential assemblies, gears, conventional and micro-hybrid motors, BSG systems and EV Traction motors across all vehicle categories. The company develops mechanical and electrical hardware systems, components as well as base and application software solutions

On Thursday, the core equity indices faded most of the intraday gains and ended on a flat note in the highly volatile session. Additionally, US index futures indicate a subdued start on Wall Street later today.