Hot Pursuit     05-May-20
Automotive Axles snaps 2-day losing run
Automotive Axles gained 1.2% to Rs 494 on bargain hunting after the company announced resumption of operations of factories and offices at Mysuru and Rudrapur.
The stock declined 8.41% in just two trading sessions from its previous closing high of Rs 533 posted on 29 April 2020.

Automotive Axles after market hours on Monday informed that it has resumed offices and manufacturing locations at Rudrapur (Uttarakhand) from 23 April 2020 and at Mysore (Karnataka) from 4 May 2020 with all precautionary measures including the safe distancing and criteria's as per the government norms.

Automotive Axles manufactures drive axles, non-drive axles, front steer axles, specialty & defence axles and drum & disc brakes. It provides these products to the major domestic and global manufacturers of trucks & buses

Previous News
  Automotive Axles
 ( Results - Analysis 05-Aug-22   17:37 )
  Automotive Axles
 ( Results - Analysis 07-Nov-22   15:27 )
  Automotive Axles standalone net profit rises 46.23% in the March 2022 quarter
 ( Results - Announcements 17-May-22   14:51 )
  Automotive Axles standalone net profit declines 13.21% in the March 2024 quarter
 ( Results - Announcements 28-May-24   07:38 )
  Automotive Axles
 ( Analyst Meet / AGM - Conference Call 10-Nov-23   12:10 )
  Automotive Axles reports standalone net loss of Rs 23.04 crore in the June 2020 quarter
 ( Results - Announcements 07-Aug-20   17:53 )
  Automotive Axles to acquire minority stake in Torrent Saurya Urja 3
 ( Corporate News - 13-Apr-23   14:29 )
  Automotive Axles
 ( Results - Analysis 08-May-18   20:43 )
  Automotive Axles to table results
 ( Corporate News - 02-Aug-21   09:38 )
  Board of Automotive Axles recommends final dividend
 ( Corporate News - 26-May-20   15:14 )
  Automotive Axles to convene board meeting
 ( Corporate News - 24-Oct-20   15:05 )
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