CIE Automotive India Shares Soar 10% on Strong Results, Hits 2-Year High

• CIE Automotive India shares surged nearly 10% to ₹526, marking the biggest rally in two years after strong results.
• The auto ancillary company's stock crossed the ₹500 mark, driven by improved operational performance and a robust order book.
• Despite margin pressure from Legazpi restructuring and higher energy costs, new orders worth ₹870 crore for CY25 boosted investor confidence.
• The company's market capitalization is ₹19,000 crore, with strong promoter (65.7%), FII (4.32%), and DII (21.68%) holdings.
• CIE Automotive India manufactures diverse metal and plastic components for various vehicle segments, including a growing focus on EV components.