Moneycontrol PRO
Loans
Loans
X

business

One of the leaders in the auto ancillary space, multiple tailwinds in favour | Stock of the day

ZF Commercial Vehicle is one of the leading air-braking manufacturers in the auto ancillary space in India and has partnered with the who’s who of the industry to supply its products. Strong demand in CV segment coupled with correction in raw material prices make it one of the strong investment candidates. Further, its valuation is currently at a discount to its long-term average. Here is the 'stock of the day'.

first published: Jun 13, 2023 11:12 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347