Rolex Rings, a manufacturer of forged and machined bearing rings and automotive components, experienced a significant 16% increase in its share price, reaching ₹162.10 on the Bombay Stock Exchange after announcing a share buyback plan. This surge brings the stock close to its 52-week high of ₹166.12. In April 2026 alone, the share price has climbed 46%, indicating strong investor interest. The company is scheduled to hold a board meeting on April 23, 2026, to discuss the buyback proposal.

In its latest financial results for the October to December 2025 quarter (Q3FY26), Rolex Rings reported a remarkable 100% growth in profit after tax, amounting to ₹47.8 crore, driven by increased other income and reduced raw material costs. Revenue rose by 5.7% year-on-year to ₹274.80 crore. The company also noted a 10% improvement in exports to Europe, although exports to the US saw a 10% decline.

Rolex Rings' diversified customer base includes sectors such as automotive, industrial machinery, and renewable energy, with exports accounting for 52% of sales compared to 48% domestically. The management expressed optimism for future growth, particularly in advanced automotive components and electric vehicles, despite challenges in the EV market.