The result was announced after market hours yesterday, 23 August 2017.

Meanwhile, the S&P BSE Sensex was up 7.68 points, or 0.02% at 31,575.69. The S&P BSE Small-Cap index was up 43.91 points, or 0.28% at 15,619.42.

On the BSE, 3,172 shares were traded on the counter so far as against the average daily volumes of 17,119 shares in the past one quarter. The stock had hit a high of Rs 194 and a low of Rs 187.55 so far during the day. The stock had hit a record high of Rs 226 on 14 July 2017 and a 52-week low of Rs 116.20 on 22 November 2016.

The stock had underperformed the market over the past one month till 23 August 2017, declining 10.47% compared with the Sensex's 1.44% fall. The scrip had also underperformed the market over the past one quarter gaining 2.12% as against the Sensex's 3.96% rise. The scrip had, however, outperformed the market over the past one year advancing 54.43% as against the Sensex's 12.78% rise.

The small-cap company has equity capital of Rs 12.35 crore. Face value per share is Rs 10.

Talbros Automotive Components is engaged in the manufacturing of gaskets and forgings.

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Talbros Automotive Components will hold a meeting of the Board of Directors of the Company on 23 August 2017.

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Talbros Automotive Components has successfully completed the partial disinvestment of its non-core materials business assets by sale to the Indian affiliate of Interface Performance Materials, USA who are pioneers and leaders of gasket materials worldwide.

The Company has also entered into a raw material sourcing agreement with them to source various gasket raw materials from Interface's Indian manufacturing unit. The local raw material sourcing will commence in Q4 2018.

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Talbros Automotive Components announced that the Board of Directors of the Company at its meeting held on 24 May 2017, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.

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