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The latest update is out from TBK Co., Ltd. ( (JP:7277) ).
TBK Co., Ltd. has entered into a Business and Capital Alliance with Brakes India Private Limited (BIPL), which includes issuing new shares to BIPL through a third-party allotment. This alliance aims to enhance TBK’s corporate value by leveraging synergies with BIPL, a major Indian brake manufacturer, to develop competitive products amid industry transformation. The collaboration will focus on purchasing, manufacturing, and technical licensing, allowing both companies to complement each other’s technological strengths and provide high-value products in the growing electrification and automation markets.
The most recent analyst rating on (JP:7277) stock is a Hold with a Yen297.00 price target. To see the full list of analyst forecasts on TBK Co., Ltd. stock, see the JP:7277 Stock Forecast page.
More about TBK Co., Ltd.
TBK Co., Ltd. is involved in the development, production, and sale of automotive components for trucks and buses. The company focuses on providing safe and reliable products, aiming for sustainable growth and societal benefit, with a strategic vision to adapt swiftly to industry changes by 2030.
Average Trading Volume: 70,745
Technical Sentiment Signal: Buy
Current Market Cap: Yen10.13B
For a thorough assessment of 7277 stock, go to TipRanks’ Stock Analysis page.