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PPAP Automotive secures orders worth Rs 118 crore

16 Dec 2024 Evaluate

PPAP Automotive has secured substantial orders with a lifetime value of Rs 118 crore. These orders include a significant business for electric vehicles, valued at around Rs 50 crore. This development aligns with PPAP’s forward-thinking strategy of alignment of its portfolio with growth opportunities in the electric vehicle market. The order is to be executed over a period of 3 years to 5 years. 

A key highlight of these orders is the company’s success in expanding its footprint with KIA, marking a key milestone in PPAP’s efforts to expand its presence with global automotive giants. This new order win underscores PPAP Automotive's ongoing efforts to build long-term partnerships and its dedication to delivering excellence across both existing and new customers.

PPAP Automotive (PPAP) is a leading manufacturer of Automotive Sealing Systems, Interior and Exterior Automotive parts in India.

PPAP Automotive Share Price

204.00 -0.55 (-0.27%)
04-May-2026 12:30 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 121.60
Tube Investments 2915.15
Bosch 35714.10
UNO Minda 1114.00
CIE Automotive India 479.30
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