The 5-year analysis of Triton Valves Ltd's performance infers:
We analysed the performance of Triton Valves Ltd share prices over the last 10 years. Here is what we found out:
Triton Valves Ltd was incorporated in 1976 by M.V. Gokarn. Gokarn was a technocrat entrepreneur with a vision. His vision was to establish world-class manufacturing in India, not just for tyre valves but for a wide range of industrial and automotive products.
Triton was established in technical collaboration with Pingeot Bardin SA a leading manufacturer of automotive tyre valves in France. Critical manufacturing technology was transferred to Triton during the five year collaboration with
Triton was established in technical collaboration with Pingeot Bardin SA a leading manufacturer of automotive tyre valves in France. Critical manufacturing technology was transferred to Triton during the five year collaboration with Pingeot Bardin.
It is Indiaâ€™s largest manufacturer of automotive tyre tube valves, valve cores and accessories. For over three decades they have been developing and manufacturing high precision products to meet the diverse requirements of their customers around the world.
The manufacturing facility of the company was setup on a 14 acre plot in Mysore, 140 km from Bangalore in Southern India. Equipment was imported from Europe and a young dedicated team of engineers was formed.
Commercial production of the company commenced in 1978 with an annual capacity of 3 million valves and 4 million valve cores. Triton quickly established a reputation for its quality and customer service and emerged as a strong player in the tyre valve market in India.
The company plunged into a crisis with the untimely demise of Gokarn in 1986. However the management team rose to the challenge under the leadership of Mrs. Gokarn and soon Triton emerged as the market leader in India.
Today Triton has many significant achievements to its credit. It is the market leader in India with over 60% market share, the first in the industry to acquire the QS 9000 and the ISO/TS 16949 certifications; it has the most modern manufacturing facility in India and is also the fastest growing company in the industry.
Produc range of the company includes:
The companyâ€™s reputation for quality, delivery and customer service has earned them the trust of their Original Equipment customers such as Apollo Tyres, Bridgestone India, Ceat Tyres, JK tyres, MRF Tyres, Mahindra & Mahindra, Tata Motors, TVS-Srichakra Tyres and Wheels India.