Kabra Extrusion Technik - Stable Base Business, Diversifies To Exciting Electric Vehicle Space: ICICI Direct

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Direct Report.Kabra Extrusion Technik Ltd., incorporated in 1982, is India’s prominent player (~40% market share) in the organised plastic extrusion machinery used for manufacturing pipes, profiles and films. It is primarily a capex linked product.In the plastic extrusion machinery domain, Kabra Extrusion Technik’s clientele includes Astral Ltd., Supreme Industries Ltd., Prince Pipes and Fittings Ltd., Finolex Industries Ltd. among others. It has more than 14,000 machine installations worldwide.In the Battrixx domain, its present capacity is pegged at ~1 lakh units, with capex spend for the same at ~Rs 65-70 crore. It serves the electric two-wheeler space with capabilities being developed for the three-wheeler, passenger vehicle and commercial vehicle domain. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Kabra Extrusion Technik - Stable Base Business, Diversifies To Exciting Electric Vehicle Space: ICICI Direct

Kabra Extrusion Technik - Stable Base Business, Diversifies To Exciting Electric Vehicle Space: ICICI Direct

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