Bengaluru, June 30 -- The shares of this auto components manufacturing company surges nearly 7% in today's session after bagging an order worth Rs. 80cr from Ford Otosan. The company manufactures auto components like auto control cables, Flexible shafts, Gear shift systems, push pull cables and parking brake mechanism.

With market capitalization of Rs. 516 cr, the shares of Remsons Industries Ltd were currently trading at Rs.146 per share, after rising as much as 7% earlier in the session to touch today's high of Rs.157 per share.

Remsons Industries Limited has announced that its step-down subsidiary, Remsons Automotive Ltd., has received a Letter of Intent/Purchase Order worth Rs.80 crore from Ford Otosan, a prominent international aut...