Precision Camshafts Ltd. share price target

Company has won a global contract worth ` 550 crore from Ford for the delivery of circa 8 million camshafts over the life of the program, which is expected to commence supplies from 201819. The camshafts are to be supplied to their facilities in Spain and China. Further, company will build a green field plant in Brazil for General Motors , its first stand-alone plant outside the country. This new facility that will be built at a cost of ` 80 crore will be...

Precision Camshaft (PCL) is one of the leading manufacturers of passenger vehicle camshafts globally with dominant 70% share in the domestic market.

Precision Camshaft (PCL) is one of the leading manufacturers of passenger vehicle camshafts globally with dominant 70% share in the domestic market.

Focus on technology (product and process) has enabled Precision Camshaft Ltd (PCL) gain a strong foot hold in both domestic and global markets. The company has scaled up the value chain from..

Precision Camshaft currently has a dominant share in the camshaft market and is expected to evolve into one of the leading manufacturers of passenger vehicle camshafts on a globally.

Precision Camshaft (PCL) is one of the leading manufacturers of passenger vehicle camshafts globally with dominant 70% share in the domestic market.

Amongst largest camshaft player with long term client relationship PCL is one of the world's leading manufacturers and suppliers of passenger vehicle camshafts producing about 150 different varities. Over the last five years, PCL has almost doubled its market share and currently commands about 8-9% of the global passenger vehicle camshaft..

has +8% market share in the global passengervehicle camshafts segment; exports contribute to +75% of its revenues. Its key strengths include longstanding relationships with clients, welldeveloped technological expertise, and huge variety of camshafts (+150,...

Precision Camshafts ltd (PCL), is a leading global manufacturer and supplier of camshafts, which is a critical engine component used in passenger vehicle segment. PCL manufactures 150 varieties of camshafts for passenger vehicles, tractors, light commercial vehicles and locomotive engine applications from its manufacturing facilities located at Solarpur, Maharashtra. Currently, company has two manufacturing units at Maharastra, one unit is EOU (export oriented unit) which caters to overseas market and other unit supplies to domestic buyers. Company generates ~80% revenue from export market by supplying camshafts to various OEMs directly and indirectly. Over the years company has maintained cordial relationship with the marquee clients including General Motors, Ford Motors, Hyundai, Maruti Suzuki, Tata Motors and M&M.; In the last 10 years, PCL has supplied over 58 million units of camshafts to different...