MoneyWorks4Me

Shriram Pistons & Rings incorporates new wholly owned subsidiary

28 Sep 2022 Evaluate

Shriram Pistons & Rings has incorporated new wholly owned subsidiary company namely ‘SPR Engenious’ on September 26, 2022. The incorporation of wholly owned subsidiary is to diversify its existing product portfolio in the new areas related to the automotive segment.

Shriram Pistons & Rings (SPR) is the largest manufacturer and exporter of Pistons and Rings from India to discerning customers, including Ford, Honda, Kia, Renault, WABCO and has the 'Trading House' status from Government of India. It is also largest supplier of Engine Valves.

Peers
Company Name CMP
SamvardhanaMotherson 164.30
Tube Investments 2607.25
Bosch 48388.75
UNO Minda 1202.40
Bombay Burmah Trdg. 1423.10
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