Multibagger or IBC - Part 12: If transition is successful then there is no limit. But there is a big ‘IF’
- Posted on June 25, 2025
- By Business News Today
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Multibagger or IBC - Part 12: If transition is successful then there is no limit. But there is a big ‘IF’

With a claimed global leadership in automotive control cables and halogen bulbs, it is present in metros, tractors, and two-wheelers across continents. But what happens when the very cables and bulbs it's known for face disruption from EVs and LEDs? The company pushes into braking systems, actuators, and digital clusters. Its core OEM client base and global expansion bets remain intact, but the real test will be whether this firm can pivot fast enough to stay relevant in an electrified world.This series on auto ancillary companies works with the assumption that, from the whole set of auto ancillary companies, some multibagger stocks will emerge. And some companies in this space risk going bankrupt.