Multibagger or IBC - Part 11: This auto ancillary helps make EV rides smoother, and also has a slice of the Vande Bharat pie

This mid-cap auto ancillary player, with eight plants and a presence in 25 countries, is betting big on EVs. Not with batteries, but with bumps. It is particularly dominant in commercial vehicles. With new plants, new verticals, and rising DII confidence, this firm may not make EVs, but it surely knows how to make them ride better. This series on auto ancillary companies works with the assumption that, from the whole set of auto ancillary companies, some multibagger stocks will emerge. And some companies in this space risk going bankrupt.