Support and Resistance Levels
Past performance
About Sharda Motor Industries Ltd Sharda Motor Industries Limited, established in 1986, specializes in manufacturing auto components such as exhaust systems, catalytic converters, suspension systems, and plastic parts for the automotive industry. It operates as a Tier I vendor for major OEMs and boasts state-of-the-art manufacturing facilities across seven locations in India. In 2018, the company restructured by demerging its Automobile Seating Business into a separate entity, NDR Auto Components Limited, which was subsequently listed on major Indian stock exchanges in 2020.
In 2021, Sharda Motor Industries expanded its focus into the electric vehicle sector through a joint venture with Kinetic Green Energy & Power Solutions Limited, forming Udippt Mobility Private Limited. This subsidiary focuses on producing battery packs, battery management systems, and alternative fuel technologies, positioning Sharda Motor as a player in the evolving electric vehicle and hybrid market. This diversification underscores the company's strategic shift towards sustainable and future-oriented automotive solutions.