Pritika Auto Industries has signed an agreement with Amrit Duraparts to buy assets (Land, Building & Machinery) located at Village Simbli in the state of Punjab. With this agreement, the total installed capacity of the company will increase to 50,000 tons per annum.
The newly acquired foundry has a capacity of 12,000 tons per annum. This plant is located very close to the industrial bases of Ludhiana, Jalandhar and Hoshiarpur, creating a significant growth opportunity for Pritika.
The company has formed a wholly owned subsidiary for this agreement in the name of ‘Paitika Engineering Components’, in which this plant, land and assets will be held in.
Pritika Auto Industries, flagship Company of Pritika Group, leading manufacturer of tractor components and Auto components in India. The company is a renowned organization in Tractor & Automotive industry providing high quality products in the field of precision machined components out of casting, forging & bar stock.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: