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Shriram Pistons & Rings

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NSE:SHRIPISTON   SHRIRAM PISTONS &
The company recently acquired a 51% stake in EMF Innovations, a Singapore-backed e-mobility solutions provider to strengthen its foothold in the fast-growing e-mobility space.
Furthermore, SPRL entered into an agreement to purchase a 75% shareholding of Takahata PRecision India, a manufacturer of precision moulded parts for automobile and industrial purposes.
The management has also been eying external opportunities lately to diversify the auto components maker product portfolio in areas beyond IC engines.

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