Synopsis
It is the first Indian company to tap into the global electric vehicle (EV) penetration story. The company manufactures specialised gears that could deliver high torque, lower noise, and vibration harshness (NVH). These gears are used in EVs, which has helped the company secure orders consistently grow its share of revenues from global EV makers.
ET Intelligence Group: Auto ancillary company Sona Comstar is likely to benefit from increasing demand from global electric vehicle makers. Besides this, the company has a technological moat — not easily replicable distinct advantage — in the manufacturing of bevel gear.
These factors ensure that the company is likely to post high growth in revenues in the long term. Investors, however, need to bear in mind the company’s valuation, which seems
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
₹399/month
Monthly
PLAN
Billed Amount ₹399
₹208/month
(Save 49%)
Yearly
PLAN
Billed Amount ₹2,499
15
Days Trial
+Includes DocuBay and TimesPrime Membership.
₹150/month
(Save 63%)
2-Year
PLAN
Billed Amount ₹3,599
15
Days Trial
+Includes DocuBay and TimesPrime Membership.
Already a Member? Sign In now
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal AdsComment & Engage with ET Prime community Exclusive invites to Virtual Events with Industry Leaders A trusted team of Journalists & Analysts who can best filter signal from noise