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Showing posts from December 30, 2017

Munjal Showa Limited - Stock of the Year 2018

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 indu