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