India, July 26 -- The company targets Rs 1,100 crore revenue in FY26 with 15% volume growth, driven by rising exports and strong utilisation. Despite a slight dip in Q1FY26 profit, its diverse global client base and leadership in tyre bead wire reinforce growth prospects.
India's auto components sector is a critical pillar of its manufacturing industry, contributing 2.3% to the nation's GDP and providing direct employment to 1.5 million people. In the 2024 fiscal year, the industry turnover reached about $74.1 billion (Rs 6.14 lakh crore), marking a 9.8% increase. Projections for fiscal year 2025 suggest continued growth of 7-9%.
With a market capitalisation of Rs 2,056.23 crore, the shares of Rajratan Global Wire Ltd closed at Rs 405.0...
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