ET Prime Special Series: Multibagger or IBC - Part 66: This old auto ancillary giant is betting big on the next energy shift

For 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated steady cash. Almost all its profit still comes from that old product. But the company has quietly decided its future lies somewhere else entirely. The company has changed its name, set up a new-energy subsidiary, committed capital to a large manufacturing facility. The opportunity is large. As is the risk. The new business is small for now, capital-heavy, and exposed to technology, timing, and customer adoption.

Raccontata daeconomictimes.indiatimes.com