SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Automotive Axles inks pact with Meritor HVS (India)

01 Apr 2025 Evaluate

Automotive Axles has entered into a services agreement with Meritor HVS (India) (MHVSIL). Under the services agreement, MHVSIL has agreed to provide certain marketing, business development, engineering and product development, product technology, account management and relationship, program management related services to the company in relation to the products manufactured by the company. 

This enables the company to strengthen its customer base by utilizing the technical expertise/information and specialized services provided by MHVSIL. The company’s board had approved the same in their meeting held on March 20, 2025.

Automotive Axles (AAL) is a joint venture of Kalyani Group and Meritor Inc., USA. The company manufactures drive axles, non-drive axles, front steer axles, specialty & defence axles and drum & disc brakes.

Auto.Axle Share Price

1889.10 101.95 (5.70%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×