Auto Stock Below Rs 100 Gains 16% After ₹100 Crore Tata Motors Business Win; FIIs Increase Stake
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Autoline Industries shares jumped 16% after the company won new Tata Motors SUV component business that could add approximately ₹100 crore to its annual revenue.
✨ Key Takeaways
Autoline Industries Ltd shares rallied as much as 16 per cent on September 3 after the company secured a new business award from Tata Motors Passenger Vehicles Ltd for SUV components.
The stock opened at Rs 84.46 and climbed to an Intraday high of Rs 98.40, up 16.19 per cent from its previous close of Rs 84.68. The shares pared some of the gains later in the session and were trading at Rs 93.87 around 3:00 pm.
New Tata Motors Business
Autoline Industries said it has secured a business award from Tata Motors Passenger Vehicles Ltd for the supply of critical components for SUV applications.
The components will be used in both internal combustion engine (ICE) and electric vehicle (EV) models. The programme is expected to be ramped up as per the customer's production schedule, creating an estimated annual incremental revenue potential of approximately ₹100 crore.
The order strengthens Autoline Industries' business relationship with Tata Motors and adds to its exposure to the growing SUV segment.
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FII Holding Rises
Foreign Institutional Investors (FIIs) have also increased their holding in Autoline Industries.
FII ownership rose from 0.34 per cent in March 2026 to 0.60 per cent in June 2026. While the holding remains relatively small, the increase indicates higher participation from foreign investors during the period.
About Autoline Industries Ltd
Established in 1996, Autoline Industries Ltd is a Pune-based auto components manufacturer and supplier to original equipment manufacturers (OEMs) and automobile companies.
The company manufactures sheet metal components, assemblies and sub-assemblies for the automotive sector. It has operations serving both domestic and international markets.
Disclaimer: The article is for informational purposes only and not investment advice.