NRB Bearings’ shares shot up 12.5% on Friday, closing at ₹534—their highest intraday price since Jan 1, 2024. That jump lifted the stock to ₹534, its all‑time peak, and sent a clear signal to the market.
Volume spiked to just over 100,000 shares, 2.75 times the 10‑day average, showing a burst of liquidity that pushed the price higher.
Harshbeena Zaveri, Vice Chairperson and Managing Director, told CNBC‑TV18 that the 5‑year plan aims to double sales, citing new joint ventures and industrial applications as key catalysts.
Talbros Automotive Components also climbed, up 9% to ₹475.20, its second‑biggest single‑day gain of 2026. The stock traded 46,000 shares, 2.6 times the 10‑day average, as the firm announced multi‑year orders of ₹1,000 crore expected to roll out over five years, with commercialisation slated for FY27.
GNA Axles edged up 5% to nearly ₹500, its biggest single‑day rise in over a month. The company saw over 100,000 shares change hands, almost 10 times the 10‑day average, after a string of red‑closes in the last 10 sessions.
The broader auto‑component industry remains buoyant, with the A.C.M.A. forecasting a ₹200 billion turnover by 2030. FY26 turnover hit ₹7.6 lakh crore, a 12.7% YoY climb, while OEM supplies grew 16.3% and exports hit $24 bn.
Looking ahead, NRB’s management aims for double sales by 2029, Talbros expects to launch its new products in FY27, and GNA Axles is targeting a 10% EPS growth in FY27, setting the stage for continued rally.