India, Oct. 17 -- The shares of the small-cap company, which specialises in the design, development, and manufacturing of automotive components and emission systems, are in focus as it explores opportunities beyond its traditional exhaust systems business through new products and emerging automotive technologies. Let's look at the changes and new products that could help reduce its dependence on exhaust systems.

With a market capitalisation of Rs. 5,080.87 crore in the day's trade, the shares of Sharda Motor Industries Ltd rose upto 1.15 percent, making a high of Rs. 896.95, compared to the previous close of Rs. 884.85.

High revenue concentration in exhaust systems The core emission products of Sharda Motor Industries constituted 88 pe...