Average trading volumes jumped over four-fold with a combined around 1.9 million equity shares - representing 2.9 per cent of total equity of Subros - changing hands on the NSE and BSE
The company has bagged an order from Indian Railways for supply of coach air-conditioners (LHB-RMPU Type 1) in a recently concluded tender.
The stock hit an all-time high of Rs 347, up 11% on BSE, after the company announced that it has started supply of blower for trucks to its customers include Tata Motors and Ashok Leyland
The stock rallied 12% to Rs 219 on BSE in intra-day trade
The company has reinstated full supplies to its customer Maruti Suzuki India Limited from its other plants at Noida, Pune and Chennai.
Subros had to halt production at its Manesar plant after a fire broke out last month
Auto coponent maker says working "expeditiously" to resume production at the Manesar plant wrecked by fire on Monday