Elgi Equipments’ wholly-owned subsidiary -- ATS ELGI has inked manufacturing agreement with VTEQ, a global leader in vehicle testing equipment based out of Spain. With this partnership, ATS ELGI will set up a world-class 7,500 square feet facility to manufacture previously imported vehicle testing equipment for the Indian market at competitive prices.
The equipment spans brake, suspension, slip, and speedo testers, axle play detectors, and steering gear play. For several years, all of these products were imported into the country. With this breakthrough agreement, the company will now manufacture proven products in the country and offer them to customers at affordable prices.
Elgi Equipments is a holding company and an air compressor manufacturer. The company’s segments include Compressors, Automotive Equipments and Others.
| Company Name | CMP |
|---|---|
| Kirloskar Brothers | 1764.10 |
| KSB | 966.60 |
| Shakti Pumps (I) | 573.95 |
| Elgi Equipments | 549.00 |
| Kirloskar Pneumatic | 1264.85 |
| 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: