Pricol - Loss Making Entities Sold, Clean Slate Growth Ahead: ICICI Direct 
An employee holds an automobile component in an auto parts manufacturing factory. (Photographer Marlene Awaad/Bloomberg).

Pricol - Loss Making Entities Sold, Clean Slate Growth Ahead: ICICI Direct 

Bookmark

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Pricol Ltd., established in 1974, is a Coimbatore-based supplier of diversified auto components like instrument clusters, sensors and switches, pumps and mechanical products, telematics solutions and wiping systems.

In Q3 FY21, the company derived approximately 65% sales from two-wheeler, three-wheeler segment, ~4% from passenger vehicle, ~8% from commercial vehicle space, ~9% from off-road vehicles and tractors and ~13% from aftermarket and exports.

It also has subsidiaries in India for wiping systems, in Indonesia for instrument clusters and in Singapore for procurement of electronics for its manufacturing requirement.

Click on the attachment to read the full report:

ICICI Direct Instinct Pricol Ltd..pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.