Tata Group Stock: Why did Automotive Stampings and Assemblies skyrocket 14% today?
India, April 27 -- The shares of a Micro-Cap company specialising in the engineering and manufacturing of sheet metal stampings, welded assemblies, and modules for automobiles, particularly for passenger and commercial vehicles, are in focus as they have surged 14 percent following their Q4 results.
With a market capitalization of Rs. 837.16 crores in the day's trade, the shares of Automotive Stampings and Assemblies Ltd rose upto 13.6 percent, making a high of Rs. 545.35 per share compared to its previous closing price of Rs. 480.00 per share.
What Happened
Automotive Stampings and Assemblies Ltd, engaged in the engineering and manufacturing of sheet metal stampings, welded assemblies, and modules for automobiles, particularly for pass...
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