Z F Steering Gear (India) Ltd. Stock Analysis 505163.BO

ZF Steering Gear (India) Ltd. engages in the manufacture and supply of ball and nut integral hydraulic power, and worm and roller mechanical steering system in India. The firm is engaged in the business of production and assembling of steering systems for vehicles, buses and tractors. The company operates through two segments, namely Auto Component, and Renewable Energy. The Auto Component segment is engaged in auto component manufacturing. The Renewable Energy segment is engaged in electricity generation through solar and windmill. The company also manufactures and supplies ball and nut integral hydraulic power and worm and roller mechanical steering system. Its product range includes steering systems, vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, intermediate shafts, universal joints, bevel gear boxes, and power steering oil dexron II. The firm has plants at Vadu Budruk, Near Pune and at Pithampur (Madhya Pradesh) for production and assembling of steering systems and accessories.