New Delhi, June 11 -- PPAP Automotive share price surged 18% on Thursday, 11 June, after the company announced a strategic technology partnership with France-based Hutchinson to manufacture advanced body sealing systems for passenger vehicles in India. The rally marked the stock's biggest single-day gain since November 2024.

Under the agreement, PPAP Automotive will gain access to Hutchinson's proprietary technology, licensed know-how, engineering expertise, and technical support, enabling it to develop and commercialise advanced automotive sealing solutions in the domestic market.

In a regulatory filing on Wednesday, the company said the partnership grants PPAP an exclusive licence in India to manufacture, market, and sell specified bo...