India, Dec. 23 -- The shares of this company, which manufactures automotive sheet metal and casting parts, polymer components, suspension, and mirror systems for automotives, were in focus after the company announced its strategic partnership in defense and a block deal with potential promoter sell.

With the market cap of Rs 15,817 crore, the shares of Belrise Industries Ltd had hit their intraday high at Rs 179.95, gaining more than 13 per cent compared to their previous day's closing price of Rs 158.65. The shares are trading at a PE of 28.9, whereas their industry PE is at 19.

About the block deal Belrise Industries witnessed a massive block deal transaction on the stock exchanges, wherein 5.83 crores of shares, constituting around...