Skip to main content

Munjal Showa Limited - Stock of the Year 2018

Munjal Showa Limited

A seal of quality, commitment and competence





Established in 1985, in technical and financial collaboration with Showa Corporation of Japan, the pioneering global leaders in the manufacture of shock absorbers, Munjal Showa Limited is a member of Hero Group, a US $ 1.3 billion manufacturing conglomerate, with a 45-year history. The Hero Group, a major player in the manufacturing sector in India, comprises of 15 active companies with complete backward integration for automotive manufacturing. Prime companies in the Group are: Hero Honda Motors Limited, a joint venture with Honda Motors of Japan, Hero Cycles, the largest bicycle manufacturer in the world, Majestic Auto Limited and Hero Puch, manufacturing mopeds and scooters.
Munjal Showa Limited in its joint venture with Showa Corporation, designs and manufacturers shock absorbers and struts for leading two-wheelers and four-wheelers. The Munjal Showa manufacturing plant is spread over an area of 24075 sq mt in the industrial area of Gurgaon, Haryana, on the outskirts of the National Capital Territory of Delhi, India.
Today Munjal Showa Limited is one of the largest suppliers of shock absorbers to major auto giants in India, Japan, Germany, the United States and the United Kingdom, amongst other developed markets. The Company’s products conform to the highest standards of quality, safety, comfort and dependability and are QS 9000, ISO 14001 and ISO 9001 compliant. The use of advanced technology and a team of experienced personnel have led to outstanding growth in the Company.
Munjal Showa Limited has established a strong foothold in the auto ancillaries manufacturing market and enjoys a wide patronage. Munjal Showa products serve as original equipment to a wide range of Maruti Suzuki upper end cars and export models, Honda City car, complete range of Hero Honda Motorcycles, Kawasaki Bajaj Motorcycles, Kinetic Scooters and Hero range of mini-motorcycles and mopeds and Honda Motorcycles and Scooters India (Pvt) Limited. In over a decade the Company’s state-of-the-art Shock Absorbers, Front Fork, Struts and Window Balancers/Gas Springs have become symbols of reliability and quality for popular two and four wheeled vehicles.


Popular posts from this blog

Stock on Radar -Gillanders

 Gillanders - Buy at cmp 138 for the targets of 149 to 165 , time frame 1 to 2 months ,SL 119  Incorporated in 1935, Gillanders Arbuthnot  and Company Ltd deals in manufacture and sale of tea, yarn made out of Cotton, Man Made Fibres, Steel Structural, Pipes and Equipment and designing, supplying, erection and commissioning of projects on turnkey basis and letting out of property on Rent  1) Gillanders among the top 3 players in 2W and a leader in 3W. 2) Recently company seen a turnaround by coming in profit vs loss They posted 5 cr profit vs loss of 35 crores 3) Promoters recently increased stake and holding nearly 70% of the company 4) Healthy sales growth of 36% ( yoy) *5) Valuations looks attractive Price to sales ratio 0.7x vs other peers 2.2X Price to book ratio 1x* 6) Debt reduced drastically, working capital cycle improved 7) No pledge of shares , modest dividend yield 8) Diversified operations in different sectors like - tea , textile, real estate, engineeri...

Add in Dips stocks for short term gains! NIIT tech , Hdfc bank and TCS ! Do not miss to add in all Dips !

Add in Dips stocks for short term Positional  - NIIT tech , Hdfc bank and Tata consultancy services  https://twitter.com/Kj_TechTrades/status/1176436471013625857?s=20

Goldiam International - Ready for 125++ ..

Goldiam International ( Multibagger Stock - Beneficiary of Events in Jewellery Sector with Multiplying order book) BUY at CMP  85.7    - Targets -  125- 144   , Time Frame - 6 to 24 Months, SL -  61 TRIGGERS 1) Net Profits  4.28 cr vs 0.75 cr 500% Jump in Profit    2) Debt free company with  Book Value Rs 157cr as on 18/01/2019 3) Government focus for Diamond and Jewellery  Sector Goldiam International Limited is an India-based holding company, which operates as a manufacturer of diamond studded gold, platinum and silver jewelry. The principal business activities of the Company is manufacturing and exporting of studded gold and silver jewelry. The Company operates in two segments: jewellery manufacturing and investment activity. The Company's products include engagement rings, wedding bands, anniversary rings, bridal sets, fashion jewelry earrings and pendants, and fashion jewelry and ...

Stocks On Radar HDFC bank , Voltas and Bajaj finserve

Hind Rectifiers Ltd. .. Bumper Results with Bumper Order Book.. Ready to Fly for 170++ soon

Hind Rectifiers Ltd. Buy at CMP- 1 17   , Targets - 172- 190, Time Frame - 6 to 24 Months , SL- 90 TRIGGERS Bagged 88 Cr Order recently with Its all time High Order Book of 300 Cr Profit in Q2 has Jumped 409%  Biggest Beneficiary of Budget 2019 ( Railway  Equipments  Manufacturer)  Hind Rectifiers, known as  Hirect , is a leading manufacturer of rectifier equipment and semi-conductor devices. It also manufacturers a wide range of products used for railways, AC electric locomotives and AC electrical multiple units. The company has signed a technical collaboration agreement with Friem, Italy to manufacture water-cooling rectifiers for electrochemical applications. Based on this technology, it has received orders from Sterlite Industries, Chemfab Chlorates and Sree Rayalaseema Alkalies and Chemicals. It has a technical collaboration agreement with Electric Research & Development Centre, Kerala, to manufacture transistorised ...