The stock has gained 5.5 per cent over the past one week and by 33.5 per cent in the last one month. Wednesday's surge came on the back of a nod from the West Bengal government to carry out a profit generating plan at its plant there. |
The company has been increasing production of auto components at this plant. It has also got a clearance from the state government to develop its land near the manufacturing plant. It has plans to launch a new range of Mitsubishi cars in India, next year. |