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Subros rises on resumption of full supplies to Maruti Suzuki

Shares of Subros rose nearly 3% to Rs 93 on the Bombay Stock Exchange after the company said it has reinstated full supplies to its customer Maruti Suzuki India Limited from its other plants at Noida, Pune and Chennai.

The company in a release said that it is working on fast-track basis to re-build the Manesar facilities so as to commence production in phased manner.

The stock opened at Rs 92.60 and touched a high of Rs 94.20. At 11:45am, over 100,000 shares were traded on both the stock exchanges.