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52% growth, new capacity: This smallcap auto stock is entering a bigger growth phase

By Info60 India Desk•Summary of reporting by financialexpress.com•4d ago•0 views•

Auto components are becoming more valuable as vehicles add more safety, lightweighting and electronic features. One Indian auto-ancillary manufacturer is expanding beyond braking systems into aluminium lightweighting, alloy wheels and control cables, with Q1 FY27 revenue growing 52% year-on-year and management guiding for high-teens growth for FY27. New plants and rising content per vehicle could support the next phase of growth, but higher capex, commodity costs and working capital make margins

ASK Automotive is trying to do just that. What started as a strong position in advanced braking systems for two-wheelers is increasingly becoming a broader business spanning aluminium lightweighting, alloy wheels and control cables, with electric veh... [12261 chars]

52% growth, new capacity: This smallcap auto stock is entering a bigger growth phase

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