Amtek India, part of the auto parts maker Amtek Group, jumped on Tuesday after the company successfully completed the transaction and acquired the Germany based Kuepper Group through its 100% step down subsidiary Amtek Kuepper GmBH.
Kuepper Group is engaged in the business of iron, aluminium casting and integrated machining having 5 manufacturing facilities across Germany and Hungary.
Shares of the company are trading at Rs 74.80, up Rs 10.2, or 15.79% at the Bombay Stock Exchange (BSE) on Tuesday at 11:25 a.m.
The scrip has touched an intra-day high of Rs 74.80 and low of Rs 66.85. The total volume of shares traded at the BSE is 220,764.
In the earlier session, the shares rose 1.65%, or Rs 1.05, at Rs 64.60. Currently, the stock is trading down 29.83% from its 52-week high of Rs 106.60 and above 52.65% over the 52-week low of Rs 49.