ET Prime Special Series: Multibagger or Bankrupt - Part 65: This auto ancillary is making new moves. Separate signal from noise

This supplier is one of those businesses that grows quietly until it suddenly makes several big decisions at once. In a short span it has sold its 50% stake in a JV for Rs. 100 crore against a Rs. 48.5 crore investment, signed a technology partnership to upgrade its product, and laid out a restructuring that reshapes the entire group. Underneath is a decades-old operation that ships hundreds of thousands of parts a day to India's biggest carmakers, with products that survive the shift to EVs. The question is whether all these moves point in one direction or pull apart.

Raccontata daeconomictimes.indiatimes.com