Wabco India - Strong Export Momentum Led To Overall Growth: Anand Rathi
A production associate adds parts to the rear suspension of a vehicle during production. (Photographer: Ty Wright/Bloomberg)

Wabco India - Strong Export Momentum Led To Overall Growth: Anand Rathi

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.

Anand Rathi Report

In the long term, Wabco India Ltd. has tremendous growth opportunities with upcoming synergies with ZF Group.

The company’s sale of compressors, automated manual transmission-control systems, air-suspension systems, etc., to global original equipment manufacturers, initiation of exports of slack adjusters and other existing products augurs well for export growth for the next two years.

Also, in the domestic market, we expect strong growth for the company on the back of expected strong medium and heavy commercial vehicle growth.

Accordingly, we expect a 44% revenue compounded annual growth rate over the next two years.

Click on the attachment to read the full report:

Anand Rathi Wabco India Company Update.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.