ET Prime Special Series: Multibagger or IBC - Part 36: From collapse to revival. Can it increase its presence in the EV space?

A business that once reported full net worth erosion has rebuilt itself through leadership transition, operational discipline and gradual integration into global supply chains. With 900 SKUs and a large export footprint, the company relies heavily on Europe but maintains diversification across Asia and other markets. The company’s model of manufacturing from India for the world places it within global supply chains rather than depending solely on domestic demand. As the auto sector navigates EV transformation, the management is steering toward specialised, higher-value projects. This series on auto ancillary companies works with the assumption that, from the whole set of auto ancillary companies, some multibagger stocks will emerge. And some companies in this space risk going bankrupt.