Support and Resistance Levels
Past performance
About Munjal Showa Ltd Munjal Showa Ltd, established in 1987 through a collaboration between the Hero Group and Japan's Showa Corporation, is a prominent manufacturer of auto components, primarily focusing on shock absorbers, struts, and front forks. With Showa Corporation holding a 26% equity stake, the company serves a robust market across India and internationally, supplying major automotive manufacturers in Japan, Germany, the US, and the UK. Munjal Showa operates three manufacturing facilities located in Gurgaon, Manesar (Haryana), and Haridwar (Uttarakhand).
The company has played a significant role in the auto ancillary sector, producing original equipment for top automotive brands such as Maruti Suzuki, Honda, and Hero Honda. Over the years, Munjal Showa has consistently expanded its production capacity and developed innovative products like gas-charged struts and high-tech front forks for various vehicle models. Its strategic plant locations and continuous product development have solidified its position as a key player in the automotive component industry.