Upper circuit alert: Vijay Kedia and Dolly Khanna gained Rs 1,43,63,547 in this small-cap multibagger stock in just one day!

Shares of the company gained more than 150 per cent in the last six months.

Shares of Talbros Automotive Components Limited were locked in the upper circuit on Friday, gaining 20.00 per cent. The stock witnessed heavy buying activity from investors today post-stock split. Hence, the stock is locked in the upper circuit. In the last six months, the stock has gained about 160 per cent.

Ace investor Vijay Kedia holds about 1.22 per cent or 1,50,00 shares in the company, while Dolly Khanna holds 1.57 per cent or 1,93,215 shares in the company. Both the investor owns a whopping 3,43,215 shares in Talbros Automotive Components Limited, and each share went up by Rs 41.85 today. That means they made a profit of Rs 1.43 crore in a single day. Moreover, the stock has delivered multibagger returns of over 440 per cent in the last five years. DIIs have increased their stake in the company to 0.09 per cent in September 2023.

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The company posted positive Quarterly Results. The revenue of the company for Q1FY24 stood at Rs 182.83 crore which increased by 19.52 per cent YoY. The company's operating profit stood at Rs 27.84 crore, while the PAT of the company stood at Rs 13.97 crore, which increased by 44.2 per cent on a YoY basis.

Talbros Automotive Components the flagship manufacturing company of the Talbros Group was established in the year 1956 to manufacture automotive and industrial gaskets in collaboration with Coopers Payen of UK, now Federal-Mogul Sealing Systems UK. Talbros Group has strong partnerships formed with global giants.

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