Remsons Industries surges 5% after bagging ₹60 Cr work order for gear shifterRemsons Industries surges 5% after bagging ₹60 Cr work order for gear shifter

Introduction

Leading automotive component manufacturer secures a ₹60 crore order from an Indian commercial vehicle OEM for gear shifters with push-pull cables, to be supplied over a five-year period starting 2026.

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Share price movement of Remsons Industries

On January 2, 2026, Remsons Industries Ltd opened at ₹119.05, down 1.47% from its previous close of ₹120.85. The stock reached a high of ₹127.00 (5.10%) and a low of ₹119.05. By 14:42, it traded at ₹126.35, a 4.55% increase, with a market capitalization of ₹440.69 crore.

Remsons Industries Secures ₹60 Crore CV Order

Remsons Industries Limited has received a business award from a leading Indian commercial vehicle OEM for supplying gear shifters with push-pull cables worth ₹60 crore.

The order is domestic and will commence supply in Q1 of 2026-27. The contract involves production and delivery of gear shifters with push-pull cables over five years.

The total order value of ₹60 crore will be executed over a 60-month period. The company has complied with SEBI Regulation 30 disclosure requirements and will update its website.

Stock performance of Remsons Industries for Period of 1 week, 6 months, and 1 year

Remsons Industries Ltd delivered a -2.26% return over the past week. The stock declined 8.66% over the past six months and 15.2% over the past year.

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Shareholding pattern of Remsons Industries

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	66%	66%	66%
FII	4.90%	5.10%	3.60%
DII	1.00%	0.90%	0.40%
Public	27.80%	27.80%	29.90%

About Remsons Industries

Remsons Industries Ltd (NSE: REMSONSIND), established in 1971, manufactures auto components including control cables, gear shift systems, push-pull cables, and parking brake mechanisms, exporting primarily to UK, Europe, North America, Brazil, Mexico, and SAARC countries.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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