Name :- PPAP AUTO
Recommended to clients at 245-250 on 12th Nov 2020.
Promoter quality :- excellent
About the company :-
PPAP Automotive Limited (PPAP) is a leading manufacturer of Automotive Sealing Systems, Interior and Exterior Automotive parts in India. The Company’s state of the art manufacturing facilities are located across the country’s Automotive manufacturing hubs.
Established in 1978 for the manufacture of custom-made extrusion products, the Company commenced the automotive parts business in 1985 with the start of production of Maruti (Maruti Suzuki) cars in the Indian market. Over the years, the company has added many OEM’s as its customers in the passenger vehicle segment as well as two wheeler and commercial vehicle segments.
The company’s core competence is in developing Automotive Body Sealing systems as well as Interior and Exterior Injection molded parts. The company supports its customers in designing as well as Build to Print solutions.
Over the years, PPAP has been continuously adding more and more products for its ever-expanding customer base. The Company strives to exceed its customer expectations
Ppap has a strong coustomer base and we @Dialwealth expect strong rebound in earnings of the company
PPAP has 11 plants at 5 locations accross india
Our channel check suggest strong demand for PPAP’s products and we @Dialwealth expect very strong @& best ever Q3 and Q4 for PPAP.
We @Dialwealth expect company to post 500 cr topline and pat of 52-55 crore next year which means company is trading at 7 times one year forward which looks very attractive.
Those who wish to receive timely updates entry/exit and allocation strategy can join our turbo plan for which u just need to whatsapp us your name to 9930441584.
I am not a sebi registered analyst and view presented are biased kindly consult your financial advisor before investing