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#mystockstory $Suprajit Engineering Ltd
After becoming a leader in the Indian 2w cables segment, Suprajit is on its way to become a global leader in the cables segment. With its recent acquisition of LDC, Suprajit now has manufacturing capabilities across 3 continents which becomes very important while serving Global OEMs as they want to diversify from a single country source. The acquisition also helps in getting access to new OEMs (incl Tesla) and entering into new segments like EMAs. Apart from cables, Suprajit has also consistently outgunned industry growth with its Wescon acquisition and is now focusing on increasing the content per vehicle. The company is also adding new revenue growth drivers by entering into newer products with the help of its Tech Centre. With the auto cycle seeing a decline for the last 3 years, Suprajit is one of the very few auto ancs to have shown a positive growth by entering into newer product segments as well as winning contracts from new OEMs.
After becoming a leader in the Indian 2w cables segment, Suprajit is on its way to become a global leader in the cables segment. With its recent acquisition of LDC, Suprajit now has manufacturing capabilities across 3 continents which becomes very important while serving Global OEMs as they want to diversify from a single country source. The acquisition also helps in getting access to new OEMs (incl Tesla) and entering into new segments like EMAs. Apart from cables, Suprajit has also consistently outgunned industry growth with its Wescon acquisition and is now focusing on increasing the content per vehicle. The company is also adding new revenue growth drivers by entering into newer products with the help of its Tech Centre. With the auto cycle seeing a decline for the last 3 years, Suprajit is one of the very few auto ancs to have shown a positive growth by entering into newer product segments as well as winning contracts from new OEMs.