Hella India Lighting:-Buy/sell/hold,growth prospects and recomendation,news and results,target price and analysis,views and outlook

Scripscan:Hella India Lighting Ltd
BSE code: 520026
cmp:119

Story:Hella India Lighting Ltd is engaged in the business of automotive lighting andsignaling equipment.The automobile sector has grown over a period of time.The market of lighting has gone a sea change in the last few years.The Company complies with various standards of lighting.In addition to the business in domestic market,the Company is further looking for the business in exports. Hella being a reputed trade name in the automotive lighting, the import trading area is organized. The Company is looking for additional original equipment manufacturers (OEMs) and dealers to sell its new generation lighting and signaling equipment.Hella plans to shift Faridabad unit to Derabassi to save in cost of production and to serve the market with the products of world standard. By implementing it,it will be able to enhance profit margins by improved utilization of valuable resources in effective and efficient manner. This will foster strategic alliances and collaborations for future business growth.It also has plans to develop and consolidate business with focused business activities under the single manufacturing facilities atDerabassi.Besides,the Company is also focusing to increase the After
Market business in future.The numbers so far from the company has been lacklusture.With a turnaround in economy and following the above developments the company hopes to perform much better in future.Hella india suffers from low liquidity and the numbers should dictate its future price trend in the bourses.