Company is in a gradual shift to better margin products. So if the bull market continues, stock can still go up. If the market corrects, stock is unlikely to be an exception.
Disc:invested.
That was pretty easy, even i have same saying for all the stocks that i hold.
If bull market = stock market will do good
If bear market = stock market will do no good
What about valuations, headwinds?
The current price justified to capture future growth?
Q2FY23 Updates
Top 5 shock absorber manufacturers in the world and market leaders for 60 years
Market Leadership in Aftermarket - 37% after market
YTD SEGMENT
2W&3W - 32% Market Share, 61% % to Total Sales
PASSENGER VEHICLES - 24% Market Share, 25% % to Total Sales
COMMERCIAL VEHICLES - 89% Market Share, 11% % to Total Sales
Merger & Acquisition- Inalfa roof System - leading in roof systems technology and solutions, delivering roof systems to almost every major car and truck manufacturer in the world.
According to my estimate shared in the PPT target has been achieved long back. I am looking to optimize my exit - still holding my entire investment - will not allocate any further - Don’t intend to evaluate the stock for future prospects - looking for opportunities elsewhere as I am happy with what I got here
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