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Source: SEBI
Jai Parvati Forge Limited is an integrated manufacturer of forged and machined components, specializing in bull gears. The company operates four manufacturing units with a total installed capacity of 32,100 metric tonnes per annum for forging and over 3.26 million units per annum for machining components.
The Indian automotive forging industry is projected to grow at a CAGR of 9.6% from FY 2021 to FY 2026, driven by increased government spending on infrastructure and rising domestic vehicle production. Jai Parvati Forge holds a 17.4% share of the bull gears market, indicating a strong position to capitalize on industry growth.