This small-cap company receives Rs 150 crore worth order; do you own it?

In just 6 months, the stock gained 45.12 per cent.

Talbros Automotive Components Ltd plunged 3.45 per cent to Rs 522.90 per share after receiving a Rs 150 crore new year multi-order. This order was received by Talbros Marugo Rubber (a joint venture of Talbros Automotive Components Ltd) for the manufacture of rubber hoses that will be directly used to facilitate the E20 fuel mechanism from multiple passenger vehicles (PV) in India. 

The Indian government has set a target of achieving 20 per cent ethanol blending in gasoline by 2025, which will be known as E20. Including the recent order, the company has successfully added orders worth over Rs 1,000 crore across its various business divisions, product segments, and JVs during the current fiscal year.  

Talbros Automotive Components Ltd is a company based in India with a market cap of Rs 684 crore. The company manufactures gaskets, steering components, suspension stamping, rubber components and forgings. The company reported positive results in its annual and quarterly financial statements. 

The company has a normal PE multiple of 14, while the sectoral PE multiple is 23.2. The company's ROE is 16.11 per cent and its ROCE is 18.12 percent. In just 6 months, the stock gained 45.12 per cent. Everything points to incredible managerial performance. Investors should keep an eye on this stock.