[Stock idea] – Sharda Motor…leading exhaust systems supplier to OEMs
Hello Sir,Hope you are doing well.You must have surely heard of terms like BS-IV and BS-VI, but have you heard of terms like RDE, TREM-V? Recently, I was going through the details of Sharda Motor Industries which commands 30% market share in exhaust systems in passenger vehicles/LCV segment.From the con-call, I learnt about TREM V emissions standards and RDE norms which will open up opportunities for the company in the Tractors, PV and the CV segments.Below, we have shared our notes from the Q3…